Highest Performances Holdings (Highest Performances Holdings) Gross-Profit-to-Asset % : 29.42% (As of Jun. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Highest Performances Holdings 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. Highest Performances Holdings's annualized Gross Profit for the quarter that ended in Jun. 2023 was $12.42 Mil. Highest Performances Holdings's average Total Assets over the quarter that ended in Jun. 2023 was $42.22 Mil. Therefore, Highest Performances Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2023 was 29.42%.

Highest Performances Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Highest Performances Holdings'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.

Highest Performances Holdings Gross-Profit-to-Asset % Chart

Highest Performances Holdings Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Gross-Profit-to-Asset %

Get a 7-Day Free Trial

47.79

21.13

34.20

32.56

25.61

Highest Performances Holdings Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial								38.47	34.05	31.55	26.67	29.42

Competitive Comparison of Highest Performances Holdings's Gross-Profit-to-Asset %

For the Asset Management subindustry, Highest Performances Holdings'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.

Highest Performances Holdings's Gross-Profit-to-Asset % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Highest Performances Holdings's Gross-Profit-to-Asset % distribution charts can be found below:

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

Highest Performances Holdings Gross-Profit-to-Asset % Calculation

Highest Performances Holdings's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Jun. 2023 )	/	( (Total Assets (A: Jun. 2022 )	+	Total Assets (A: Jun. 2023 ))	/ count )
	=	13.727	/	( (69.294	+	37.916)	/ 2 )
	=	13.727	/	53.605
	=	25.61 %

Highest Performances Holdings'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 )
	=	12.422	/	( (46.517	+	37.916)	/ 2 )
	=	12.422	/	42.2165
	=	29.42 %

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.

Highest Performances Holdings Gross-Profit-to-Asset % Related Terms

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

Highest Performances Holdings (Highest Performances Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Highest Performances Holdings Inc (NAS:HPH) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 15 Zhujiang West Road, 42nd Floor, Pearl River Tower, Zhujiang New Town, Tianhe, Guangdong Province, Guangzhou, CHN

Website

https://www.puyiwm.com

Puyi Inc is the third-party wealth management services provider in China. The company provides wealth management services, corporate finance services and asset management services. It generates a majority of the revenue from wealth management services under which it distributes wealth management products both online and offline through its branch network. Products distributed online include publicly raised fund products, exchange administered products and asset management plans. Products distributed offline include privately raised fund products. In addition, the company also has a corporate finance services business, under which it provides corporate borrowers with financing solutions, including product design, identification of sources of funding, compliance and risk management.