GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shandong Hualu-hengsheng Chemical Co Ltd (SHSE:600426) » Definitions » Gross-Profit-to-Asset %

Shandong Hualu-hengsheng Chemical Co (SHSE:600426) Gross-Profit-to-Asset % : 15.70% (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Shandong Hualu-hengsheng Chemical 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. Shandong Hualu-hengsheng Chemical Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥6,985 Mil. Shandong Hualu-hengsheng Chemical Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥44,493 Mil. Therefore, Shandong Hualu-hengsheng Chemical Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 15.70%.


Shandong Hualu-hengsheng Chemical Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Shandong Hualu-hengsheng Chemical 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.

Shandong Hualu-hengsheng Chemical Co Gross-Profit-to-Asset % Chart

Shandong Hualu-hengsheng Chemical 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 21.45 14.47 38.48 27.50 14.38

Shandong Hualu-hengsheng Chemical 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 13.51 14.24 17.00 13.22 15.70

Competitive Comparison of Shandong Hualu-hengsheng Chemical Co's Gross-Profit-to-Asset %

For the Chemicals subindustry, Shandong Hualu-hengsheng Chemical 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.


Shandong Hualu-hengsheng Chemical Co's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Hualu-hengsheng Chemical Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Shandong Hualu-hengsheng Chemical Co's Gross-Profit-to-Asset % falls into.



Shandong Hualu-hengsheng Chemical Co Gross-Profit-to-Asset % Calculation

Shandong Hualu-hengsheng Chemical 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 )
=5684.287/( (35005.446+44051.458)/ 2 )
=5684.287/39528.452
=14.38 %

Shandong Hualu-hengsheng Chemical 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 )
=6985.148/( (44051.458+44934.292)/ 2 )
=6985.148/44492.875
=15.70 %

* 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.


Shandong Hualu-hengsheng Chemical Co Gross-Profit-to-Asset % Related Terms

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


Shandong Hualu-hengsheng Chemical Co (SHSE:600426) Business Description

Traded in Other Exchanges
N/A
Address
Number 24 Tianqu West Road, Decheng District, Shandong, Dezhou, CHN, 253024
Shandong Hualu-hengsheng Chemical Co Ltd manufactures and sells chemical materials and chemical fertilizers worldwide. The company offers chemical fertilizers, such as compound fertilizers, urea, ammonium bicarbonate, ammonium sulfate, and liquid fertilizers; DMF and organic amine products, including DMF, monomethylamine, dimethylamine, and trimethylamine; and acetic acid and acetic anhydride. It also provides new chemical materials comprising ethylene glycol, adipic acid, cyclohexanone, butyl alcohol, butanal, octyl alcohol, and melamine; basic chemicals that include nitric acid, methanol, liquid ammonia, and sulfur; and industrial gases, such as liquid oxygen, nitrogen, and argon.

Shandong Hualu-hengsheng Chemical Co (SHSE:600426) Headlines

No Headlines