GURUFOCUS.COM » STOCK LIST » Technology » Software » Bitnine Co Ltd (XKRX:357880) » Definitions » Gross-Profit-to-Asset %

Bitnine Co (XKRX:357880) Gross-Profit-to-Asset % : 51.64% (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Bitnine 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. Bitnine Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₩30,434 Mil. Bitnine Co's average Total Assets over the quarter that ended in Mar. 2024 was ₩58,936 Mil. Therefore, Bitnine Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 51.64%.


Bitnine Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Bitnine 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.

Bitnine Co Gross-Profit-to-Asset % Chart

Bitnine Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Gross-Profit-to-Asset %
161.52 148.80 77.53 35.73

Bitnine Co Quarterly Data
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 35.45 35.18 40.11 48.79 51.64

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

For the Software - Infrastructure subindustry, Bitnine 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.


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

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

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



Bitnine Co Gross-Profit-to-Asset % Calculation

Bitnine Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=19175.153/( (35244.667+72099.208)/ 2 )
=19175.153/53671.9375
=35.73 %

Bitnine 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 )
=30433.556/( (60170.044+57701.593)/ 2 )
=30433.556/58935.8185
=51.64 %

* 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.


Bitnine Co Gross-Profit-to-Asset % Related Terms

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


Bitnine Co (XKRX:357880) Business Description

Traded in Other Exchanges
N/A
Address
401 Yangcheon-ro, A 1201 Hangang Xi Tower, Gangseo-gu, Seoul, KOR
Bitnine Co Ltd is a graph technology company that is working in the global market through multi-model database products. Its products include Agence Graph, AG Cloud, Apache AGE, and G-Pass among others.

Bitnine Co (XKRX:357880) Headlines

No Headlines