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Qingdao Foods Co (SZSE:001219) Gross-Profit-to-Asset % : 17.12% (As of Mar. 2024)


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What is Qingdao Foods 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. Qingdao Foods Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥183.1 Mil. Qingdao Foods Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥1,070.0 Mil. Therefore, Qingdao Foods Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 17.12%.


Qingdao Foods Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Qingdao Foods 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.

Qingdao Foods Co Gross-Profit-to-Asset % Chart

Qingdao Foods Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 33.57 28.64 18.72 16.18 14.29

Qingdao Foods Co Quarterly Data
Dec18 Jun19 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 17.89 15.75 14.31 10.17 17.12

Competitive Comparison of Qingdao Foods Co's Gross-Profit-to-Asset %

For the Packaged Foods subindustry, Qingdao Foods 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.


Qingdao Foods Co's Gross-Profit-to-Asset % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Qingdao Foods Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Qingdao Foods Co Gross-Profit-to-Asset % Calculation

Qingdao Foods 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 )
=149.501/( (1018.179+1074.44)/ 2 )
=149.501/1046.3095
=14.29 %

Qingdao Foods 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 )
=183.14/( (1074.44+1065.53)/ 2 )
=183.14/1069.985
=17.12 %

* 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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Qingdao Foods Co (SZSE:001219) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Siliu Zhongzhi Road, Licang District, Shandong Province, Qingdao, CHN, 266041
Qingdao Foods Co Ltd is engaged in the research and development, production and sales of snack foods such as biscuits and peanut butter.

Qingdao Foods Co (SZSE:001219) Headlines

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