GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Shengkai Innovations Inc (OTCPK:VALV) » Definitions » Gross-Profit-to-Asset %

Shengkai Innovations (Shengkai Innovations) Gross-Profit-to-Asset % : 2.27% (As of Mar. 2013)


View and export this data going back to 2006. Start your Free Trial

What is Shengkai Innovations 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. Shengkai Innovations's annualized Gross Profit for the quarter that ended in Mar. 2013 was $3.22 Mil. Shengkai Innovations's average Total Assets over the quarter that ended in Mar. 2013 was $141.54 Mil. Therefore, Shengkai Innovations's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2013 was 2.27%.


Shengkai Innovations Gross-Profit-to-Asset % Historical Data

The historical data trend for Shengkai Innovations'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.

Shengkai Innovations Gross-Profit-to-Asset % Chart

Shengkai Innovations Annual Data
Trend Dec05 Dec06 Dec07 Jun08 Jun09 Jun10 Jun11 Jun12
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 96.19 48.05 44.50 47.00 9.81

Shengkai Innovations Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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 7.34 6.18 4.95 3.95 2.27

Competitive Comparison of Shengkai Innovations's Gross-Profit-to-Asset %

For the Industrial Distribution subindustry, Shengkai Innovations'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.


Shengkai Innovations's Gross-Profit-to-Asset % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Shengkai Innovations's Gross-Profit-to-Asset % distribution charts can be found below:

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



Shengkai Innovations Gross-Profit-to-Asset % Calculation

Shengkai Innovations's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2012 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2012 )/( (Total Assets (A: Jun. 2011 )+Total Assets (A: Jun. 2012 ))/ count )
=13.976/( (141.453+143.597)/ 2 )
=13.976/142.525
=9.81 %

Shengkai Innovations's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2013 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2013 )/( (Total Assets (Q: Dec. 2012 )+Total Assets (Q: Mar. 2013 ))/ count )
=3.216/( (141.997+141.081)/ 2 )
=3.216/141.539
=2.27 %

* 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. 2013) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Shengkai Innovations Gross-Profit-to-Asset % Related Terms

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


Shengkai Innovations (Shengkai Innovations) Business Description

Traded in Other Exchanges
N/A
Address
No.106, Zhonghuan South Road, Airport Industrial Park, Tianjin, CHN, 300308
Shengkai Innovations Inc is a ceramic valve manufacturer with operations in the People's Republic of China.
Executives
Ming He officer: Chief Financial Officer NO. 106 ZHONGHUAN SOUTH ROAD, AIRPORT INDUSTRIAL PARK, TIANJIN F4 300308
Martin A. Sumichrast 10 percent owner 11125 COLONIAL COUNTRY LANE, CHARLOTTE NC 28277

Shengkai Innovations (Shengkai Innovations) Headlines

No Headlines