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Korea Furniture Co (XKRX:004590) Gross-Profit-to-Asset % : 14.94% (As of Mar. 2024)


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What is Korea Furniture 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. Korea Furniture Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₩33,359 Mil. Korea Furniture Co's average Total Assets over the quarter that ended in Mar. 2024 was ₩223,307 Mil. Therefore, Korea Furniture Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 14.94%.


Korea Furniture Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Korea Furniture 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.

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Korea Furniture Co Gross-Profit-to-Asset % Chart

Korea Furniture 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 16.21 17.60 20.15 18.27 15.65

Korea Furniture 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 16.27 14.87 15.74 16.28 14.94

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

For the Furnishings, Fixtures & Appliances subindustry, Korea Furniture 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.


Korea Furniture Co's Gross-Profit-to-Asset % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Korea Furniture Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Korea Furniture Co Gross-Profit-to-Asset % Calculation

Korea Furniture 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 )
=33980.698/( (212067.165+222162.825)/ 2 )
=33980.698/217114.995
=15.65 %

Korea Furniture 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 )
=33358.872/( (222162.825+224450.772)/ 2 )
=33358.872/223306.7985
=14.94 %

* 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.


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Korea Furniture Co (XKRX:004590) Business Description

Traded in Other Exchanges
N/A
Address
957, Gonghang-Dong, Gangseo-Gu, Seoul, KOR, 157-240
Korea Furniture Co Ltd operates in the home furnishing and fixtures industry in South Korea. The company is engaged in the manufacturing of furnitures for bedroom, living room, and dining room. The brands under which products are sold are Kartell, rochebobois, and acquaviva.

Korea Furniture Co (XKRX:004590) Headlines

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