Anhui Province Natural Gas Development Co (SHSE:603689) Gross-Profit-to-Asset % : 11.26% (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Anhui Province Natural Gas Development 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. Anhui Province Natural Gas Development Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥798 Mil. Anhui Province Natural Gas Development Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥7,084 Mil. Therefore, Anhui Province Natural Gas Development Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 11.26%.

Anhui Province Natural Gas Development Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Anhui Province Natural Gas Development 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.

Anhui Province Natural Gas Development Co Gross-Profit-to-Asset % Chart

Anhui Province Natural Gas Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

Get a 7-Day Free Trial

12.65

11.02

9.59

8.83

10.30

Anhui Province Natural Gas Development 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															11.74	9.01	10.79	9.39	11.26

Competitive Comparison of Anhui Province Natural Gas Development Co's Gross-Profit-to-Asset %

For the Oil & Gas Midstream subindustry, Anhui Province Natural Gas Development 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.

Anhui Province Natural Gas Development Co's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Anhui Province Natural Gas Development Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Anhui Province Natural Gas Development Co's Gross-Profit-to-Asset % falls into.

Anhui Province Natural Gas Development Co Gross-Profit-to-Asset % Calculation

Anhui Province Natural Gas Development 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 )
	=	682.019	/	( (6242.564	+	7001.293)	/ 2 )
	=	682.019	/	6621.9285
	=	10.30 %

Anhui Province Natural Gas Development 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 )
	=	797.608	/	( (7001.293	+	7167.352)	/ 2 )
	=	797.608	/	7084.3225
	=	11.26 %

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.

Anhui Province Natural Gas Development Co Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Anhui Province Natural Gas Development Co's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

Anhui Province Natural Gas Development Co (SHSE:603689) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Anhui Province Natural Gas Development Co Ltd (SHSE:603689) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Dalian Road, Baohe Industrial Zone, Anhui Province, Hefei, CHN, 230051

Website

http://www.ahtrq.com

Anhui Province Natural Gas Development Co Ltd is a natural gas pipeline operator. It invests, constructs, operates and manages natural gas pipelines in Anhui Province. The company also participates in the development and construction of natural gas pipeline network in urban areas; manages natural gas resources on behalf of Anhui Province; sells natural gas; and market and competitive investment in other natural gas, CBM and other energy applications and related projects. The other business activities of the company are to invest in the development of natural gas and coal seams in the province Gas resources projects; other energy development projects; and to engage in other auxiliary businesses.

Anhui Province Natural Gas Development Co (SHSE:603689) Headlines

No Headlines