GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Kangxin New Materials Co Ltd (SHSE:600076) » Definitions » Gross-Profit-to-Asset %

Kangxin New Materials Co (SHSE:600076) Gross-Profit-to-Asset % : -0.17% (As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Kangxin New Materials 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. Kangxin New Materials Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥-11.5 Mil. Kangxin New Materials Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥6,989.3 Mil. Therefore, Kangxin New Materials Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was -0.17%.


Kangxin New Materials Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Kangxin New Materials 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.

Kangxin New Materials Co Gross-Profit-to-Asset % Chart

Kangxin New Materials 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 12.02 0.70 2.92 0.70 -0.77

Kangxin New Materials 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 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 0.20 -0.13 - -3.16 -0.17

Competitive Comparison of Kangxin New Materials Co's Gross-Profit-to-Asset %

For the Lumber & Wood Production subindustry, Kangxin New Materials 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.


Kangxin New Materials Co's Gross-Profit-to-Asset % Distribution in the Forest Products Industry

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

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



Kangxin New Materials Co Gross-Profit-to-Asset % Calculation

Kangxin New Materials 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 )
=-54.642/( (7251.059+6996.844)/ 2 )
=-54.642/7123.9515
=-0.77 %

Kangxin New Materials 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 )
=-11.54/( (6996.844+6981.81)/ 2 )
=-11.54/6989.327
=-0.17 %

* 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.


Kangxin New Materials Co Gross-Profit-to-Asset % Related Terms

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


Kangxin New Materials Co (SHSE:600076) Business Description

Traded in Other Exchanges
N/A
Address
Wuhan East Lake Central Lake Road No. 57, Jinyinhu Withub 30, Hubei Province, Wuhan, CHN
Kangxin New Materials Co Ltd engages in the collection, afforestation, processing, and sale of timber products in China. It also designs and produces building structural materials; and produces wood structural housing products. The company's products include COSB composite, multi-layer solid wood, and bamboo and wood composite container flooring products; civil sheets comprise building templates, ordinary COSB boards, environmental protection boards, and COSB boards; and landscape and green seedlings.

Kangxin New Materials Co (SHSE:600076) Headlines

No Headlines