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Western Mining Co (SHSE:601168) Gross-Profit-to-Asset % : 15.44% (As of Mar. 2024)


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What is Western Mining 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. Western Mining Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥8,106 Mil. Western Mining Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥52,491 Mil. Therefore, Western Mining Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 15.44%.


Western Mining Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Western Mining 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.

Western Mining Co Gross-Profit-to-Asset % Chart

Western Mining 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 8.83 8.57 16.31 14.87 14.61

Western Mining 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 13.79 14.41 17.50 12.48 15.44

Competitive Comparison of Western Mining Co's Gross-Profit-to-Asset %

For the Other Industrial Metals & Mining subindustry, Western Mining 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.


Western Mining Co's Gross-Profit-to-Asset % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Western Mining Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Western Mining Co Gross-Profit-to-Asset % Calculation

Western Mining 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 )
=7712.12/( (53540.145+52066.715)/ 2 )
=7712.12/52803.43
=14.61 %

Western Mining 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 )
=8105.844/( (52066.715+52916.093)/ 2 )
=8105.844/52491.404
=15.44 %

* 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.


Western Mining Co Gross-Profit-to-Asset % Related Terms

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Western Mining Co (SHSE:601168) Business Description

Traded in Other Exchanges
N/A
Address
No.52, No.54 Avenue, Qinghai Province, Xining, CHN, 810001
Western Mining Co Ltd is a mining company mainly engaged in the comprehensive development of mineral resources in the western region of China. The company's business operations include mining, smelting, and trading of basic non-ferrous metals and ferrous metals such as copper, lead, zinc, and iron. It is divided into four major trading sectors: mining, smelting, trade, and finance.

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