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Hotai Finance Co (TPE:6592) Gross-Profit-to-Asset % : 5.74% (As of Mar. 2024)


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What is Hotai Finance 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. Hotai Finance Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was NT$18,153 Mil. Hotai Finance Co's average Total Assets over the quarter that ended in Mar. 2024 was NT$316,408 Mil. Therefore, Hotai Finance Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 5.74%.


Hotai Finance Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Hotai Finance 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.

Hotai Finance Co Gross-Profit-to-Asset % Chart

Hotai Finance Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 6.69 6.39 6.62 6.40 5.88

Hotai Finance 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 6.03 5.86 5.92 5.72 5.74

Competitive Comparison of Hotai Finance Co's Gross-Profit-to-Asset %

For the Credit Services subindustry, Hotai Finance 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.


Hotai Finance Co's Gross-Profit-to-Asset % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Hotai Finance Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Hotai Finance Co Gross-Profit-to-Asset % Calculation

Hotai Finance 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 )
=16693.098/( (255365.088+312139.712)/ 2 )
=16693.098/283752.4
=5.88 %

Hotai Finance 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 )
=18153.056/( (312139.712+320675.932)/ 2 )
=18153.056/316407.822
=5.74 %

* 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.


Hotai Finance Co Gross-Profit-to-Asset % Related Terms

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Hotai Finance Co (TPE:6592) Business Description

Traded in Other Exchanges
N/A
Address
No.605, Ruiguang Road, 10th Floor, Neihu District, Taipei, TWN, 114
Hotai Finance Co Ltd is a Taiwan-based full-service financing company. It is engaged in installment sales and leases of vehicles and equipment. The company offers products and services such as an Installment loan for a new car, used car, motorcycle and scooter, and others. Geographically, the firm operates in China and Taiwan. It generates a most of revenue from interest income.

Hotai Finance Co (TPE:6592) Headlines

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