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CITIC (CTPCY) Gross-Profit-to-Asset % : 2.91% (As of Jun. 2023)


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What is CITIC 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. CITIC's annualized Gross Profit for the quarter that ended in Jun. 2023 was $40,088 Mil. CITIC's average Total Assets over the quarter that ended in Jun. 2023 was $1,377,381 Mil. Therefore, CITIC's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2023 was 2.91%.


CITIC Gross-Profit-to-Asset % Historical Data

The historical data trend for CITIC'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.

CITIC Gross-Profit-to-Asset % Chart

CITIC 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 3.56 3.08 3.36 3.71 2.81

CITIC Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 3.13 2.87 3.69 2.91 2.71

Competitive Comparison of CITIC's Gross-Profit-to-Asset %

For the Conglomerates subindustry, CITIC'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.


CITIC's Gross-Profit-to-Asset % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, CITIC's Gross-Profit-to-Asset % distribution charts can be found below:

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



CITIC Gross-Profit-to-Asset % Calculation

CITIC'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 )
=45946.387/( (1120544.172+1353471.498)/ 2 )
=45946.387/1237007.835
=3.71 %

CITIC's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=40088.088/( (1353471.498+1401290.055)/ 2 )
=40088.088/1377380.7765
=2.91 %

* 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 two times the semi-annual (Jun. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


CITIC Gross-Profit-to-Asset % Related Terms

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CITIC (CTPCY) Business Description

Traded in Other Exchanges
Address
1 Tim Mei Avenue, 32nd Floor, CITIC Tower, Central, Hong Kong, HKG
CITIC Ltd is a Hong Kong-based investment holding company. The company's operating segment includes Comprehensive financial services; Advanced intelligent manufacturing; Advanced materials; New consumption and New-type urbanisation. It generates maximum revenue from the Comprehensive financial services segment. Geographically it derives a majority of its revenue from Mainland China.

CITIC (CTPCY) Headlines

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