GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LG Innotek Co Ltd (XKRX:011070) » Definitions » Gross-Profit-to-Asset %

LG Innotek Co (XKRX:011070) Gross-Profit-to-Asset % : 14.95% (As of Jun. 2024)


View and export this data going back to 2008. Start your Free Trial

What is LG Innotek 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. LG Innotek Co's annualized Gross Profit for the quarter that ended in Jun. 2024 was ₩1,602,512 Mil. LG Innotek Co's average Total Assets over the quarter that ended in Jun. 2024 was ₩10,721,722 Mil. Therefore, LG Innotek Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 14.95%.


LG Innotek Co Gross-Profit-to-Asset % Historical Data

The historical data trend for LG Innotek 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.

LG Innotek Co Gross-Profit-to-Asset % Chart

LG Innotek 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 18.08 21.85 30.92 27.08 17.75

LG Innotek Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 11.25 16.61 26.81 15.10 14.95

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

For the Electronic Components subindustry, LG Innotek 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.


LG Innotek Co's Gross-Profit-to-Asset % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, LG Innotek Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



LG Innotek Co Gross-Profit-to-Asset % Calculation

LG Innotek 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 )
=1863315.858/( (9793617.826+11204305.524)/ 2 )
=1863315.858/10498961.675
=17.75 %

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

Gross-Profit-to-Asset %=Gross Profit (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=1602512.16/( (10953150.766+10490292.486)/ 2 )
=1602512.16/10721721.626
=14.95 %

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


LG Innotek Co Gross-Profit-to-Asset % Related Terms

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


LG Innotek Co Business Description

Traded in Other Exchanges
N/A
Address
30, Magokjungang, E1/E3, 10-ro, Gangseo-gu, Seoul, KOR, 07796
LG Innotek Co Ltd is a Korea-based company engaged in the manufacturing of materials and components that focuses on mobile, automotive, LED, display, semiconductor and IoT business fields with its core technologies. The company offers mobile products, including camera modules, wireless power chargers, and optical biosensor modules; and automotive products, such as motors and sensors, connectivity, thermoelectric modules, and LED lighting products. It also provides display products, which include photomasks, power modules, digital tuners, and touch panels; semiconductor products consisting of flip chip scale packages, chip on films, wireless modems, routers, and electronic shelf labels.

LG Innotek Co Headlines

No Headlines