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Wolong Electric Group Co (SHSE:600580) Gross-Profit-to-Asset % : 15.36% (As of Mar. 2024)


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What is Wolong Electric Group 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. Wolong Electric Group Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥3,802 Mil. Wolong Electric Group Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥24,750 Mil. Therefore, Wolong Electric Group Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 15.36%.


Wolong Electric Group Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Wolong Electric Group 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.

Wolong Electric Group Co Gross-Profit-to-Asset % Chart

Wolong Electric Group 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 17.50 15.13 14.75 15.58 16.28

Wolong Electric Group 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 15.96 17.97 17.06 12.57 15.36

Competitive Comparison of Wolong Electric Group Co's Gross-Profit-to-Asset %

For the Electrical Equipment & Parts subindustry, Wolong Electric Group 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.


Wolong Electric Group Co's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wolong Electric Group Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Wolong Electric Group Co's Gross-Profit-to-Asset % falls into.



Wolong Electric Group Co Gross-Profit-to-Asset % Calculation

Wolong Electric Group 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 )
=3916.982/( (23448.709+24664.486)/ 2 )
=3916.982/24056.5975
=16.28 %

Wolong Electric Group 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 )
=3801.624/( (24664.486+24836.208)/ 2 )
=3801.624/24750.347
=15.36 %

* 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.


Wolong Electric Group Co Gross-Profit-to-Asset % Related Terms

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Wolong Electric Group Co (SHSE:600580) Business Description

Traded in Other Exchanges
N/A
Address
No. 1801 Renmin West Road, Shangyu, Zhejiang, CHN, 312300
Wolong Electric Group Co Ltd is engaged in the development, manufacture and sales of motors, electronic-controlled devices, power transmission and transformation equipment, electro-mechanical and power products in China.

Wolong Electric Group Co (SHSE:600580) Headlines

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