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Pioneering Technology (TSXV:PTE) Gross-Profit-to-Asset % : 33.08% (As of Dec. 2023)


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What is Pioneering Technology 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. Pioneering Technology's annualized Gross Profit for the quarter that ended in Dec. 2023 was C$1.54 Mil. Pioneering Technology's average Total Assets over the quarter that ended in Dec. 2023 was C$4.66 Mil. Therefore, Pioneering Technology's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 33.08%.


Pioneering Technology Gross-Profit-to-Asset % Historical Data

The historical data trend for Pioneering Technology'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.

Pioneering Technology Gross-Profit-to-Asset % Chart

Pioneering Technology Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.73 32.53 18.96 19.62 25.38

Pioneering Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 15.55 23.75 38.57 22.71 33.08

Competitive Comparison of Pioneering Technology's Gross-Profit-to-Asset %

For the Security & Protection Services subindustry, Pioneering Technology'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.


Pioneering Technology's Gross-Profit-to-Asset % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Pioneering Technology's Gross-Profit-to-Asset % distribution charts can be found below:

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



Pioneering Technology Gross-Profit-to-Asset % Calculation

Pioneering Technology's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=1.339/( (5.859+4.693)/ 2 )
=1.339/5.276
=25.38 %

Pioneering Technology's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=1.54/( (4.693+4.617)/ 2 )
=1.54/4.655
=33.08 %

* 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 (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Pioneering Technology Gross-Profit-to-Asset % Related Terms

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Pioneering Technology (TSXV:PTE) Business Description

Traded in Other Exchanges
Address
2400 Skymark Avenue, Unit 7, Mississauga, ON, CAN, L4W 5K5
Pioneering Technology Corp is a Canadian-based company. The company is focused on designing, engineering, and producing technology that protects people and their property from cooking fires. It operates in one business segment is the development, manufacture, and sale of products intended to save energy and offer consumer convenience and safety. It offers products that provide effective cooking fire prevention solutions for both the residential and commercial markets. Its product portfolio includes Safe-T-element, SmartBurner, RangeMinder, and Safe-T-sensor. Its geographical coverage includes Canada and the United States whereas it generates the majority of its revenue from the United States.
Executives
David Lee Dueck Director

Pioneering Technology (TSXV:PTE) Headlines

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