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Zhejiang He Chuan Technology (SHSE:688320) Gross-Profit-to-Asset % : 15.25% (As of Sep. 2023)


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What is Zhejiang He Chuan Technology 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 He Chuan Technology's annualized Gross Profit for the quarter that ended in Sep. 2023 was ¥340 Mil. Zhejiang He Chuan Technology's average Total Assets over the quarter that ended in Sep. 2023 was ¥2,232 Mil. Therefore, Zhejiang He Chuan Technology's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 15.25%.


Zhejiang He Chuan Technology Gross-Profit-to-Asset % Historical Data

The historical data trend for Zhejiang He Chuan Technology'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 He Chuan Technology Gross-Profit-to-Asset % Chart

Zhejiang He Chuan Technology Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Gross-Profit-to-Asset %
26.54 28.19 36.40 31.24 18.59

Zhejiang He Chuan Technology Quarterly Data
Dec18 Dec19 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 15.49 10.96 14.77 17.88 15.25

Competitive Comparison of Zhejiang He Chuan Technology's Gross-Profit-to-Asset %

For the Computer Hardware subindustry, Zhejiang He Chuan Technology'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 He Chuan Technology's Gross-Profit-to-Asset % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zhejiang He Chuan Technology's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Zhejiang He Chuan Technology's Gross-Profit-to-Asset % falls into.



Zhejiang He Chuan Technology Gross-Profit-to-Asset % Calculation

Zhejiang He Chuan Technology'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 )
=287.458/( (972.243+2120.741)/ 2 )
=287.458/1546.492
=18.59 %

Zhejiang He Chuan Technology'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 )
=340.472/( (2229.531+2234.843)/ 2 )
=340.472/2232.187
=15.25 %

* 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.


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Zhejiang He Chuan Technology (SHSE:688320) Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Fucai Road, Longyou Industrial Park, Zhejiang Province, Quzhou, CHN, 324400
Zhejiang He Chuan Technology Corp Ltd is engaged in the research and development, production, sales and application integration of industrial automation products.

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