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Hengli Petrochemical Co (SHSE:600346) Gross-Profit-to-Asset % : 9.81% (As of Mar. 2024)


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What is Hengli Petrochemical 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. Hengli Petrochemical Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥26,146 Mil. Hengli Petrochemical Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥266,545 Mil. Therefore, Hengli Petrochemical Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 9.81%.


Hengli Petrochemical Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Hengli Petrochemical 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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Hengli Petrochemical Co Gross-Profit-to-Asset % Chart

Hengli Petrochemical 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 13.96 15.46 15.19 8.10 10.55

Hengli Petrochemical 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 8.68 11.24 13.40 8.69 9.81

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

For the Textile Manufacturing subindustry, Hengli Petrochemical 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.


Hengli Petrochemical Co's Gross-Profit-to-Asset % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hengli Petrochemical Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Hengli Petrochemical Co Gross-Profit-to-Asset % Calculation

Hengli Petrochemical 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 )
=26482.273/( (241430.475+260599.021)/ 2 )
=26482.273/251014.748
=10.55 %

Hengli Petrochemical 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 )
=26146.348/( (260599.021+272490.849)/ 2 )
=26146.348/266544.935
=9.81 %

* 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.


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Hengli Petrochemical Co (SHSE:600346) Business Description

Traded in Other Exchanges
N/A
Address
No.1, South Hengli Road, Shengze Town, Wujiang District, Jiangsu, Suzhou, CHN
Hengli Petrochemical Co Ltd is in the business of textile yarn, industrial yarn and thermal power. The Company's products include civil polyester filament, industrial polyester filament polyester chips and energy.

Hengli Petrochemical Co (SHSE:600346) Headlines

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