First Foods Group (First Foods Group) Gross-Profit-to-Asset % : 7.62% (As of Sep. 2023)

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What is First Foods Group 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. First Foods Group's annualized Gross Profit for the quarter that ended in Sep. 2023 was $0.00 Mil. First Foods Group's average Total Assets over the quarter that ended in Sep. 2023 was $0.05 Mil. Therefore, First Foods Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 7.62%.

First Foods Group Gross-Profit-to-Asset % Historical Data

The historical data trend for First Foods Group'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.

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First Foods Group Gross-Profit-to-Asset % Chart

First Foods Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross-Profit-to-Asset %

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49.70

36.35

18.74

19.12

1.77

First Foods Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															9.96	-103.90	29.36	7.21	7.62

Competitive Comparison of First Foods Group's Gross-Profit-to-Asset %

For the Specialty Business Services subindustry, First Foods Group'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.

First Foods Group's Gross-Profit-to-Asset % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, First Foods Group's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where First Foods Group's Gross-Profit-to-Asset % falls into.

First Foods Group Gross-Profit-to-Asset % Calculation

First Foods Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2022 )	/	( (Total Assets (A: Dec. 2021 )	+	Total Assets (A: Dec. 2022 ))	/ count )
	=	0.005	/	( (0.512	+	0.054)	/ 2 )
	=	0.005	/	0.283
	=	1.77 %

First Foods Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	0.004	/	( (0.056	+	0.049)	/ 2 )
	=	0.004	/	0.0525
	=	7.62 %

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 (Sep. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

First Foods Group Gross-Profit-to-Asset % Related Terms

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First Foods Group (First Foods Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » First Foods Group Inc (OTCPK:FIFG) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Incorp Services, Inc, 3773 Howard Hughes Parkway, Suite 500S, Las Vegas, NV, USA, 89169-6014

Website

https://www.firstfoodsgroup.com

First Foods Group Inc is a smaller reporting company focused on developing specialty chocolate product line and related IP through its Holy Cacao subsidiary. In addition, it is also involved in merchant cash advance participations. Key revenue is derived from merchant cash advance income. It is also involved in new health-related brands, concepts and products through FFGI Wholesaling Division and participating in merchant cash advances through First Foods Funding Division. The Company conducts business as two operating segments, First Foods and Holy Cacao.