Ring Net Co (XKRX:042500) Gross-Profit-to-Asset % : 15.66% (As of Mar. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Ring Net 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. Ring Net Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₩23,067 Mil. Ring Net Co's average Total Assets over the quarter that ended in Mar. 2024 was ₩147,314 Mil. Therefore, Ring Net Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 15.66%.

Ring Net Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Ring Net 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.

Ring Net Co Gross-Profit-to-Asset % Chart

Ring Net Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

Get a 7-Day Free Trial

19.77

17.00

18.94

15.77

19.45

Ring Net 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															14.75	13.93	25.20	29.67	15.66

Competitive Comparison of Ring Net Co's Gross-Profit-to-Asset %

For the Information Technology Services subindustry, Ring Net 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.

Ring Net Co's Gross-Profit-to-Asset % Distribution in the Software Industry

For the Software industry and Technology sector, Ring Net Co's Gross-Profit-to-Asset % distribution charts can be found below:

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

Ring Net Co Gross-Profit-to-Asset % Calculation

Ring Net 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 )
	=	30421.852	/	( (160910.718	+	151943.392)	/ 2 )
	=	30421.852	/	156427.055
	=	19.45 %

Ring Net 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 )
	=	23067.272	/	( (151943.392	+	142684.105)	/ 2 )
	=	23067.272	/	147313.7485
	=	15.66 %

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.

Ring Net Co Gross-Profit-to-Asset % Related Terms

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

Ring Net Co (XKRX:042500) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ring Net Co Ltd (XKRX:042500) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 27, No. 409, Samsung IT Valley, 4th Floor, Guro-gu, Seoul, KOR

Website

http://www.ringnet.co.kr

Ring Net Co Ltd is a specialized ICT service company. It offers solutions in the business areas of Network integration, System integration, Advanced service, Cloud, Collaboration and Security. System integration establishes an optimum information system through convergence and integration of complex IT resources; Network Integration relates to building network architecture and optimizing network infrastructure; Advanced Service provides services according to IT life cycle for consulting, construction, maintenance, and optimization; Cloud service provides virtualization, server and storage solutions for cloud computing environments; Collaboration covers IT telephony, unified communication, video conference and CCTV solution; and Security area provides security solutions.

Ring Net Co (XKRX:042500) Headlines

No Headlines