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Loncin Motor Co (SHSE:603766) Gross-Profit-to-Asset % : 18.40% (As of Sep. 2023)


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What is Loncin Motor 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. Loncin Motor Co's annualized Gross Profit for the quarter that ended in Sep. 2023 was ¥2,515 Mil. Loncin Motor Co's average Total Assets over the quarter that ended in Sep. 2023 was ¥13,666 Mil. Therefore, Loncin Motor Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 18.40%.


Loncin Motor Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Loncin Motor 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.

Loncin Motor Co Gross-Profit-to-Asset % Chart

Loncin Motor Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.76 16.39 13.22 13.64 16.72

Loncin Motor Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 17.64 13.01 15.74 18.23 18.40

Competitive Comparison of Loncin Motor Co's Gross-Profit-to-Asset %

For the Recreational Vehicles subindustry, Loncin Motor 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.


Loncin Motor Co's Gross-Profit-to-Asset % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Loncin Motor Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Loncin Motor Co Gross-Profit-to-Asset % Calculation

Loncin Motor Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=2157.629/( (13217.712+12585.414)/ 2 )
=2157.629/12901.563
=16.72 %

Loncin Motor Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=2514.66/( (13490.368+13840.777)/ 2 )
=2514.66/13665.5725
=18.40 %

* 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 (Sep. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Loncin Motor Co Gross-Profit-to-Asset % Related Terms

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Loncin Motor Co (SHSE:603766) Business Description

Traded in Other Exchanges
N/A
Address
No.116 Juye Road, C Area of Jiulong Industrial Park, Jiulongpo District, Chongqing, CHN, 400052
Loncin Motor Co Ltd is a China-based company engaged in manufacturing recreational vehicles, light-duty power units, engines and engine parts, and farm machinery. It is also involved in the development and incubation of burgeoning businesses with core technology of internal combustion engine as the platform.

Loncin Motor Co (SHSE:603766) Headlines

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