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Solid Automotive Bhd (XKLS:5242) Gross-Profit-to-Asset % : 24.06% (As of Jan. 2024)


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What is Solid Automotive Bhd 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. Solid Automotive Bhd's annualized Gross Profit for the quarter that ended in Jan. 2024 was RM71.9 Mil. Solid Automotive Bhd's average Total Assets over the quarter that ended in Jan. 2024 was RM298.9 Mil. Therefore, Solid Automotive Bhd's annualized Gross-Profit-to-Asset % for the quarter that ended in Jan. 2024 was 24.06%.


Solid Automotive Bhd Gross-Profit-to-Asset % Historical Data

The historical data trend for Solid Automotive Bhd'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.

Solid Automotive Bhd Gross-Profit-to-Asset % Chart

Solid Automotive Bhd Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.96 23.73 28.61 25.33 26.29

Solid Automotive Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 23.08 24.94 25.79 23.24 24.06

Competitive Comparison of Solid Automotive Bhd's Gross-Profit-to-Asset %

For the Auto Parts subindustry, Solid Automotive Bhd'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.


Solid Automotive Bhd's Gross-Profit-to-Asset % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Solid Automotive Bhd's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Solid Automotive Bhd's Gross-Profit-to-Asset % falls into.



Solid Automotive Bhd Gross-Profit-to-Asset % Calculation

Solid Automotive Bhd's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Apr. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Apr. 2023 )/( (Total Assets (A: Apr. 2022 )+Total Assets (A: Apr. 2023 ))/ count )
=76.44/( (288.221+293.272)/ 2 )
=76.44/290.7465
=26.29 %

Solid Automotive Bhd's annualized Gross-Profit-to-Asset % for the quarter that ended in Jan. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=71.9/( (297.218+300.529)/ 2 )
=71.9/298.8735
=24.06 %

* 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 (Jan. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Solid Automotive Bhd Gross-Profit-to-Asset % Related Terms

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Solid Automotive Bhd (XKLS:5242) Business Description

Traded in Other Exchanges
N/A
Address
PLO 436, Jalan Gangsa, Kawasan Perindustrian Pasir Gudang, Pasir Gudang, JHR, MYS, 81700
Solid Automotive Bhd is engaged in the business of investment holding and the provision of management services. The company's operating segment includes Automotive electrical parts; Automotive engine and mechanical parts and Others. It generates maximum revenue from the Automotive electrical parts segment. Automotive electrical parts segment is involved in the trading and distribution of automotive batteries, lubricants, industrial supplies, electrical parts, and components. Geographically, it derives a majority of revenue from Malaysia and also has a presence in the Middle East and Africa and Other Countries.

Solid Automotive Bhd (XKLS:5242) Headlines

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