GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Renheng Enterprise Holdings Ltd (HKSE:03628) » Definitions » Gross-Profit-to-Asset %

Renheng Enterprise Holdings (HKSE:03628) Gross-Profit-to-Asset % : 27.13% (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Renheng Enterprise 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. Renheng Enterprise Holdings's annualized Gross Profit for the quarter that ended in Dec. 2023 was HK$62.4 Mil. Renheng Enterprise Holdings's average Total Assets over the quarter that ended in Dec. 2023 was HK$230.2 Mil. Therefore, Renheng Enterprise Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 27.13%.


Renheng Enterprise Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Renheng Enterprise 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.

Renheng Enterprise Holdings Gross-Profit-to-Asset % Chart

Renheng Enterprise 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 17.70 14.62 11.61 9.71 18.51

Renheng Enterprise 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 13.29 7.34 13.36 12.00 27.13

Competitive Comparison of Renheng Enterprise Holdings's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, Renheng Enterprise 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.


Renheng Enterprise Holdings's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

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

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



Renheng Enterprise Holdings Gross-Profit-to-Asset % Calculation

Renheng Enterprise 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 )
=45.724/( (258.448+235.517)/ 2 )
=45.724/246.9825
=18.51 %

Renheng Enterprise 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 )
=62.442/( (224.825+235.517)/ 2 )
=62.442/230.171
=27.13 %

* 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.


Renheng Enterprise Holdings Gross-Profit-to-Asset % Related Terms

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


Renheng Enterprise Holdings (HKSE:03628) Business Description

Traded in Other Exchanges
N/A
Address
16 Harcourt Road, Room 3805, 38th Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG
Renheng Enterprise Holdings Ltd is an investment holding company that is engaged in the manufacture and sale of tobacco machinery products in the PRC. The company mainly produces three types of catalogued special-purpose tobacco machinery products, namely casing and flavoring system, pneumatic feeding system and pre-pressing packing machine. It is also engaged in the provision of maintenance, overhaul and modification services in respect of tobacco machinery products. The sale of catalogued special-purpose tobacco machinery products contributes most of the firm's revenue. All of the group's revenue are derived in the PRC.

Renheng Enterprise Holdings (HKSE:03628) Headlines

No Headlines