Zhibao Technology (Zhibao Technology) Gross-Profit-to-Asset % : 21.30% (As of Jun. 2023)

View and export this data going back to 2024. Start your Free Trial

What is Zhibao Technology 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. Zhibao Technology's annualized Gross Profit for the quarter that ended in Jun. 2023 was $7.13 Mil. Zhibao Technology's average Total Assets over the quarter that ended in Jun. 2023 was $33.49 Mil. Therefore, Zhibao Technology's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2023 was 21.30%.

Zhibao Technology Gross-Profit-to-Asset % Historical Data

The historical data trend for Zhibao Technology'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.

Zhibao Technology Gross-Profit-to-Asset % Chart

Zhibao Technology Annual Data

Trend

Jun21

Jun22

Jun23

Gross-Profit-to-Asset %

34.89

56.08

50.84

Zhibao Technology Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23
Gross-Profit-to-Asset %	-	81.16	40.15	29.92	21.30

Competitive Comparison of Zhibao Technology's Gross-Profit-to-Asset %

For the Insurance Brokers subindustry, Zhibao Technology'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.

Zhibao Technology's Gross-Profit-to-Asset % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Zhibao Technology's Gross-Profit-to-Asset % distribution charts can be found below:

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

Zhibao Technology Gross-Profit-to-Asset % Calculation

Zhibao Technology's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Jun. 2023 )	/	( (Total Assets (A: Jun. 2022 )	+	Total Assets (A: Jun. 2023 ))	/ count )
	=	8.185	/	( (14.323	+	17.879)	/ 2 )
	=	8.185	/	16.101
	=	50.84 %

Zhibao Technology's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	7.134	/	( (49.097	+	17.879)	/ 2 )
	=	7.134	/	33.488
	=	21.30 %

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 two times the semi-annual (Jun. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Zhibao Technology Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Zhibao Technology's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhibao Technology (Zhibao Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Zhibao Technology Inc (NAS:ZBAO) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Floor 3, Building 6, Wuxing Road, Lane 727, Shanghai, CHN, 201204

Website

https://www.zhibao-tech.com

Zhibao Technology Inc is a insurance technology company primarily engaged in providing digital insurance brokerage services in China. 2B2C digital embedded insurance is their innovative business model which they pioneered in China. They provide customized digital insurance solutions for B-side channels (covering a wide range of industries and organizations, including but not limited to Internet platforms, large and medium-sized enterprises, and government agencies, etc.), embedding them into the channel's existing business matrix, and providing the channel with Provide digital insurance brokerage services to C-end customers.

Zhibao Technology (Zhibao Technology) Headlines

From GuruFocus

Zhibao Technology Inc. Announces Closing of Underwriters' Over-Allotment Option in Connection with Its Initial Public Offering

By Marketwired • 05-15-2024