GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » FitTech Co Ltd (TPE:6706) » Definitions » Gross-Profit-to-Asset %

FitTech Co (TPE:6706) Gross-Profit-to-Asset % : 2.04% (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is FitTech Co Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. FitTech Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was NT$127 Mil. FitTech Co's average Total Assets over the quarter that ended in Mar. 2024 was NT$6,239 Mil. Therefore, FitTech Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 2.04%.


FitTech Co Gross-Profit-to-Asset % Historical Data

The historical data trend for FitTech Co's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FitTech Co Gross-Profit-to-Asset % Chart

FitTech Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.62 23.84 33.27 19.90 1.52

FitTech Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.16 0.80 0.23 0.86 2.04

Competitive Comparison of FitTech Co's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, FitTech Co's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FitTech Co's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, FitTech Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where FitTech Co's Gross-Profit-to-Asset % falls into.



FitTech Co Gross-Profit-to-Asset % Calculation

FitTech Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=101.318/( (6839.804+6451.53)/ 2 )
=101.318/6645.667
=1.52 %

FitTech Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=127.144/( (6451.53+6026.381)/ 2 )
=127.144/6238.9555
=2.04 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


FitTech Co Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of FitTech Co's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


FitTech Co (TPE:6706) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Gongyequ 35th Road, 1st Floor, Hsinchu Industrial Park, Xitun District, Taichung, TWN, 407
FitTech Co Ltd is a Taiwan based company mainly engaged in the development of optoelectronics like LED wafer spot measuring and laser integrated application systems. Products offered by the company include LED test system, laser micro processing system, laser metal processing system, semi-automatic laser cutting system, handheld laser welding machine, among others. The company products are used in optoelectronics and optics-related industries, electronic components, semiconductor, automotive, and manufacturing related industries. It also offers after sales services. It has a market presence in China, Japan, South Korea, and Malaysia.

FitTech Co (TPE:6706) Headlines

No Headlines