GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hing Ming Holdings Ltd (HKSE:08425) » Definitions » Gross-Profit-to-Asset %

Hing Ming Holdings (HKSE:08425) Gross-Profit-to-Asset % : 11.14% (As of Sep. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Hing Ming 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. Hing Ming Holdings's annualized Gross Profit for the quarter that ended in Sep. 2023 was HK$19.0 Mil. Hing Ming Holdings's average Total Assets over the quarter that ended in Sep. 2023 was HK$170.3 Mil. Therefore, Hing Ming Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 11.14%.


Hing Ming Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Hing Ming 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.

Hing Ming Holdings Gross-Profit-to-Asset % Chart

Hing Ming Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only 15.15 13.32 13.32 11.73 14.31

Hing Ming Holdings 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 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 11.01 25.23 5.01 28.59 11.14

Competitive Comparison of Hing Ming Holdings's Gross-Profit-to-Asset %

For the Rental & Leasing Services subindustry, Hing Ming 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.


Hing Ming Holdings's Gross-Profit-to-Asset % Distribution in the Business Services Industry

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

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



Hing Ming Holdings Gross-Profit-to-Asset % Calculation

Hing Ming Holdings's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=25.576/( (178.896+178.662)/ 2 )
=25.576/178.779
=14.31 %

Hing Ming Holdings'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 )
=18.964/( (0+170.267)/ 1 )
=18.964/170.267
=11.14 %

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


Hing Ming Holdings Gross-Profit-to-Asset % Related Terms

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


Hing Ming Holdings (HKSE:08425) Business Description

Traded in Other Exchanges
N/A
Address
83-87 Nathan Road, Room A4, 2nd Floor, Tsim Sha Tsui Mansion, Kowloon, Hong Kong, HKG
Hing Ming Holdings Ltd is engaged in the rental of temporary suspended working platforms and other equipment. It also provides trading of equipment and spare parts, such as permanently suspended working platforms, motors, and wire rope and the only operating segment of the Group is rental and related services and trading of equipment and spare parts.
Executives
Leong Cho Mui 2106 Person having a security interest in shares
Hing Gut Limited 2101 Beneficial owner
Au Fung Yee 2202 Interest of your spouse
Tang Hing Keung 2201 Interest of corporation controlled by you
Lee Yu Leung 2101 Beneficial owner
Woo Lan Ying 2101 Beneficial owner
Lu Zhaoqing
Yang Gang

Hing Ming Holdings (HKSE:08425) Headlines

No Headlines