GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Xinyi Solar Holdings Ltd (HKSE:00968) » Definitions » Gross-Profit-to-Asset %

Xinyi Solar Holdings (HKSE:00968) Gross-Profit-to-Asset % : 15.57% (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Xinyi Solar Holdings 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. Xinyi Solar Holdings's annualized Gross Profit for the quarter that ended in Dec. 2023 was HK$8,835 Mil. Xinyi Solar Holdings's average Total Assets over the quarter that ended in Dec. 2023 was HK$56,738 Mil. Therefore, Xinyi Solar Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 15.57%.

Xinyi Solar Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Xinyi Solar Holdings'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.

Xinyi Solar Holdings Gross-Profit-to-Asset % Chart

Xinyi Solar Holdings 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 14.96 18.33 15.23 12.36 12.77

Xinyi Solar Holdings 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 10.63 12.10 12.71 10.32 15.57

Competitive Comparison of Xinyi Solar Holdings's Gross-Profit-to-Asset %

For the Solar subindustry, Xinyi Solar Holdings'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.

Xinyi Solar Holdings's Gross-Profit-to-Asset % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Xinyi Solar Holdings's Gross-Profit-to-Asset % distribution charts can be found below:

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


Xinyi Solar Holdings Gross-Profit-to-Asset % Calculation

Xinyi Solar Holdings'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 )
=7089.698/( (50575.058+60432.994)/ 2 )
=7089.698/55504.026
=12.77 %

Xinyi Solar Holdings'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 )
=8834.762/( (53042.942+60432.994)/ 2 )
=8834.762/56737.968
=15.57 %

* 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.

Xinyi Solar Holdings Gross-Profit-to-Asset % Related Terms

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

Xinyi Solar Holdings (HKSE:00968) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Xinyi Solar Holdings Ltd (HKSE:00968) » Definitions » Gross-Profit-to-Asset %
Comparable Companies
HKSE:03800 HKSE:01799 HKSE:00750 HKSE:00757 HKSE:00438 HKSE:00712 HKSE:08111 HKSE:01421 FSLR SHSE:688223 ENPH SZSE:002459 SHSE:688599 SHSE:688472 SHSE:600732 SEDG SZSE:300118 SZSE:002865 ARRY SHLS
Traded in Other Exchanges
XISHY:USA XNYIF:USA 13X:Germany
Address
Xinyi PV Glass Industrial Zone, 2 Xinyi Road, Wuhu Economic and Technology Development Zone, Anhui Province, Wuhu, CHN, 241009
Website
https://www.xinyisolar.com
Xinyi Solar Holdings Ltd is an investment holding company. Its activities consist of the production and sale of solar glass products, the development and operation of solar farms, and the provision of engineering, procurement, and construction (EPC) services. The company's segments include sales of solar glass; solar farm business which includes solar farm development and solar power generation; and EPC services. It derives revenue from two core business segments, namely the sale and manufacturing of solar glass and solar farm business. Its operations are held in the People's Republic of China and Other countries.

Xinyi Solar Holdings (HKSE:00968) Headlines

No Headlines