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Harbin Electric Co (FRA:HP6H) Gross-Profit-to-Asset % : 4.68% (As of Dec. 2023)


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What is Harbin Electric 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. Harbin Electric Co's annualized Gross Profit for the quarter that ended in Dec. 2023 was €423 Mil. Harbin Electric Co's average Total Assets over the quarter that ended in Dec. 2023 was €9,046 Mil. Therefore, Harbin Electric Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 4.68%.


Harbin Electric Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Harbin Electric 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.

Harbin Electric Co Gross-Profit-to-Asset % Chart

Harbin Electric Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.95 4.72 -1.75 4.55 4.50

Harbin Electric Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -7.72 5.85 3.35 4.28 4.68

Competitive Comparison of Harbin Electric Co's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, Harbin Electric 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.


Harbin Electric Co's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Harbin Electric Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Harbin Electric Co Gross-Profit-to-Asset % Calculation

Harbin Electric 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 )
=398.421/( (8568.879+9156.509)/ 2 )
=398.421/8862.694
=4.50 %

Harbin Electric Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=423.32/( (8935.803+9156.509)/ 2 )
=423.32/9046.156
=4.68 %

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


Harbin Electric Co Gross-Profit-to-Asset % Related Terms

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Harbin Electric Co (FRA:HP6H) Business Description

Traded in Other Exchanges
Address
1399 Chuangxinyi Road, Songbei District, Heilongjiang Province, Harbin, CHN, 150028
Harbin Electric Co Ltd is a China-based manufacturer of power plant equipment. The company operates in six segments: Thermal power equipment, Hydropower equipment, Power station engineering services, Power station auxiliary equipment and ancillary products, Nuclear products, AC & DC motors, and others. Some of its products are grade boilers, steam turbines, steam turbine generators, voltage stabilizers, gasifiers, nuclear main pump motors, passive surplus drains, petrochemical vessels & axial fans, and power station auxiliary equipment. Its geographical segments are China, which accounts for the majority of revenue; Pakistan; the United Arab Emirates; Ecuador; Iraq; and other countries.

Harbin Electric Co (FRA:HP6H) Headlines

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