BitFuFu (BitFuFu) Gross-Profit-to-Asset % : 1.97% (As of Dec. 2023)

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What is BitFuFu 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. BitFuFu's annualized Gross Profit for the quarter that ended in Dec. 2023 was $4.0 Mil. BitFuFu's average Total Assets over the quarter that ended in Dec. 2023 was $204.1 Mil. Therefore, BitFuFu's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 1.97%.

BitFuFu Gross-Profit-to-Asset % Historical Data

The historical data trend for BitFuFu'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.

BitFuFu Gross-Profit-to-Asset % Chart

BitFuFu Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

15.35

23.03

6.23

BitFuFu Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial			12.39	16.53	21.79	10.80	1.97

Competitive Comparison of BitFuFu's Gross-Profit-to-Asset %

For the Capital Markets subindustry, BitFuFu'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.

BitFuFu's Gross-Profit-to-Asset % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BitFuFu's Gross-Profit-to-Asset % distribution charts can be found below:

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

BitFuFu Gross-Profit-to-Asset % Calculation

BitFuFu'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 )
	=	12.713	/	( (198.335	+	210.033)	/ 2 )
	=	12.713	/	204.184
	=	6.23 %

BitFuFu'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 )
	=	4.012	/	( (198.174	+	210.033)	/ 2 )
	=	4.012	/	204.1035
	=	1.97 %

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.

BitFuFu Gross-Profit-to-Asset % Related Terms

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BitFuFu (BitFuFu) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BitFuFu Inc (NAS:FUFU) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 North Bridge Road, 15-01 Peninsula Plaza, Singapore, SGP, 179098

Website

BitFuFu Inc is a digital asset mining service and cloud-mining service provider, dedicated to fostering a secure, compliant, and transparent blockchain infrastructure. It provides stable and intelligent digital asset mining solutions, including one-stop cloud-mining services and miner hosting services to institutional customers and individual digital asset.

BitFuFu (BitFuFu) Headlines

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