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Angang Steel Co (Angang Steel Co) Gross-Profit-to-Asset % : -1.20% (As of Dec. 2023)


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What is Angang Steel 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. Angang Steel Co's annualized Gross Profit for the quarter that ended in Dec. 2023 was $-161 Mil. Angang Steel Co's average Total Assets over the quarter that ended in Dec. 2023 was $13,415 Mil. Therefore, Angang Steel Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was -1.20%.


Angang Steel Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Angang Steel 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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Angang Steel Co Gross-Profit-to-Asset % Chart

Angang Steel 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 9.81 7.76 14.45 2.98 -0.54

Angang Steel Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.38 2.18 -2.71 -0.44 -1.20

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

For the Steel subindustry, Angang Steel 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.


Angang Steel Co's Gross-Profit-to-Asset % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Angang Steel Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Angang Steel Co Gross-Profit-to-Asset % Calculation

Angang Steel 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 )
=-74.928/( (13912.102+13587.014)/ 2 )
=-74.928/13749.558
=-0.54 %

Angang Steel Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-161.34/( (13242.029+13587.014)/ 2 )
=-161.34/13414.5215
=-1.20 %

* 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 (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Angang Steel Co Gross-Profit-to-Asset % Related Terms

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Angang Steel Co (Angang Steel Co) Business Description

Traded in Other Exchanges
Address
Production Area of Angang Steel, Tie Xi District, Liaoning Province, Anshan, CHN, 114021
Angang Steel Co Ltd is engaged in the steel rolling and processing industry. The Company is classified into an operating segment based on the type of business: production and sale of steel products. The Company's products have diversified structures and include hot rolled sheets, medium and thick plates, cold rolled sheets, color coating plates, heavy rails, seamless steel pipes and wire rods, and other products. These products are widely used in industries such as machinery, metallurgy, petroleum, chemical industry, coal, electric power, railway, shipbuilding, automobile, construction, home electrical appliances, and aviation. Geographically, the group derives a majority of its revenue from the China region.

Angang Steel Co (Angang Steel Co) Headlines

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