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Hygon Information Technology Co (SHSE:688041) Gross-Profit-to-Asset % : 17.32% (As of Mar. 2024)


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What is Hygon Information Technology 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. Hygon Information Technology Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥4,004 Mil. Hygon Information Technology Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥23,114 Mil. Therefore, Hygon Information Technology Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 17.32%.


Hygon Information Technology Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Hygon Information Technology 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.

Hygon Information Technology Co Gross-Profit-to-Asset % Chart

Hygon Information Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 2.65 6.99 13.24 16.59 16.00

Hygon Information Technology Co Quarterly Data
Dec18 Dec19 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 13.41 16.00 12.84 20.52 17.32

Competitive Comparison of Hygon Information Technology Co's Gross-Profit-to-Asset %

For the Computer Hardware subindustry, Hygon Information Technology 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.


Hygon Information Technology Co's Gross-Profit-to-Asset % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hygon Information Technology Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Hygon Information Technology Co's Gross-Profit-to-Asset % falls into.



Hygon Information Technology Co Gross-Profit-to-Asset % Calculation

Hygon Information Technology 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 )
=3587.275/( (21934.488+22902.548)/ 2 )
=3587.275/22418.518
=16.00 %

Hygon Information Technology 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 )
=4004/( (22902.548+23325.625)/ 2 )
=4004/23114.0865
=17.32 %

* 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.


Hygon Information Technology Co Gross-Profit-to-Asset % Related Terms

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Hygon Information Technology Co (SHSE:688041) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Haitai West Road, Industrial Incubation-3-8, North 2-204, Huayuan Industrial Zone, Tianjin, CHN, 100085
Hygon Information Technology Co Ltd is engaged in the research and development, design and sales of high-end processors used in computing and storage devices such as servers and workstations.

Hygon Information Technology Co (SHSE:688041) Headlines

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