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Daqin Railway Co (SHSE:601006) Gross-Profit-to-Asset % : 7.42% (As of Mar. 2024)


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What is Daqin Railway 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. Daqin Railway Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥15,512 Mil. Daqin Railway Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥209,172 Mil. Therefore, Daqin Railway Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 7.42%.


Daqin Railway Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Daqin Railway 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.

Daqin Railway Co Gross-Profit-to-Asset % Chart

Daqin Railway 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 12.39 8.32 8.80 7.55 8.17

Daqin Railway 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 9.84 10.24 9.12 3.35 7.42

Competitive Comparison of Daqin Railway Co's Gross-Profit-to-Asset %

For the Railroads subindustry, Daqin Railway 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.


Daqin Railway Co's Gross-Profit-to-Asset % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Daqin Railway Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Daqin Railway Co Gross-Profit-to-Asset % Calculation

Daqin Railway 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 )
=16741.644/( (202297.024+207673.222)/ 2 )
=16741.644/204985.123
=8.17 %

Daqin Railway 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 )
=15512.496/( (207673.222+210670.222)/ 2 )
=15512.496/209171.722
=7.42 %

* 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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Daqin Railway Co (SHSE:601006) Business Description

Traded in Other Exchanges
N/A
Address
No. 14 Zhanbei Street, Shanxi, Datong, CHN, 037005
Daqin Railway is a state-owned rail-transport operator in China. The company's core asset, Daqin Line, and its 41%-owned Shuohuang Line, are China's busiest east-west coal railways. Their combined volume accounts for about one quarter of China's railway coal volume. Coal rail-transport contributes the bulk of Daqin's operating profit. Daqin also hauls other bulk and non-bulk freight and provides passenger rail service.
Executives
Yang Hong Ming Director

Daqin Railway Co (SHSE:601006) Headlines

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