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Zhejiang Tony Electronic Co (SHSE:603595) Gross-Profit-to-Asset % : 8.77% (As of Mar. 2024)


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What is Zhejiang Tony Electronic 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. Zhejiang Tony Electronic Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥457 Mil. Zhejiang Tony Electronic Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥5,213 Mil. Therefore, Zhejiang Tony Electronic Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 8.77%.


Zhejiang Tony Electronic Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Zhejiang Tony Electronic 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.

Zhejiang Tony Electronic Co Gross-Profit-to-Asset % Chart

Zhejiang Tony Electronic 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 10.55 9.51 9.25 9.66 4.88

Zhejiang Tony Electronic 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 3.93 3.61 8.15 2.55 8.77

Competitive Comparison of Zhejiang Tony Electronic Co's Gross-Profit-to-Asset %

For the Electrical Equipment & Parts subindustry, Zhejiang Tony Electronic 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.


Zhejiang Tony Electronic Co's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

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

* The bar in red indicates where Zhejiang Tony Electronic Co's Gross-Profit-to-Asset % falls into.



Zhejiang Tony Electronic Co Gross-Profit-to-Asset % Calculation

Zhejiang Tony Electronic 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 )
=233.854/( (4283.858+5301.496)/ 2 )
=233.854/4792.677
=4.88 %

Zhejiang Tony Electronic 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 )
=456.904/( (5301.496+5123.852)/ 2 )
=456.904/5212.674
=8.77 %

* 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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Zhejiang Tony Electronic Co (SHSE:603595) Business Description

Traded in Other Exchanges
N/A
Address
China Town Road No.88, Wuzhou District, Zhejiang Province, Huzhou City, CHN, 313008
Zhejiang Tony Electronic Co Ltd is engaged in the research, manufacturing, and marketing of ultra-fine alloy wire and other metal matrix composite. The major products are ultra-fine conductors and laminating wires. Its ultra-fine conductors and laminating wires are widely applied in electronic, new energy automobile, medical apparatus, and intelligent robot fields; and diamond cutting lines are mainly used in the cutting of hard and brittle materials such as silicon and sapphire.

Zhejiang Tony Electronic Co (SHSE:603595) Headlines

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