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Magic Empire Global (Magic Empire Global) Gross-Profit-to-Asset % : 11.00% (As of Dec. 2023)


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What is Magic Empire Global 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. Magic Empire Global's annualized Gross Profit for the quarter that ended in Dec. 2023 was $1.97 Mil. Magic Empire Global's average Total Assets over the quarter that ended in Dec. 2023 was $17.95 Mil. Therefore, Magic Empire Global's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 11.00%.

Magic Empire Global Gross-Profit-to-Asset % Historical Data

The historical data trend for Magic Empire Global'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.

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Magic Empire Global Gross-Profit-to-Asset % Chart

Magic Empire Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
60.67 38.46 2.16 2.88

Magic Empire Global Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial 74.36 68.12 8.16 8.46 11.00

Competitive Comparison of Magic Empire Global's Gross-Profit-to-Asset %

For the Capital Markets subindustry, Magic Empire Global'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.

Magic Empire Global's Gross-Profit-to-Asset % Distribution in the Capital Markets Industry

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

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


Magic Empire Global Gross-Profit-to-Asset % Calculation

Magic Empire Global'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 )
=0.522/( (18.51+17.703)/ 2 )
=0.522/18.1065
=2.88 %

Magic Empire Global'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 )
=1.974/( (18.192+17.703)/ 2 )
=1.974/17.9475
=11.00 %

* 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.

Magic Empire Global Gross-Profit-to-Asset % Related Terms

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Magic Empire Global (Magic Empire Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Magic Empire Global Ltd (NAS:MEGL) » Definitions » Gross-Profit-to-Asset %
Comparable Companies
TCJH BTCS ATIF MIGI COHN BETS SAI OLKR PHIL CRMZ MS GS SCHW SHSE:600030 ASX:MQG BSP:BPAC3 SHSE:601066 RJF TW SHSE:601688
Traded in Other Exchanges
N/A
Address
3/F, 8 Wyndham Street, Central, Hong Kong, HKG
Website
https://www.meglmagic.com
Magic Empire Global Ltd is a financial services provider in Hong Kong which principally engaged in the provision of corporate finance advisory services and underwriting services.