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Prestige Wealth (Prestige Wealth) Gross-Profit-to-Asset % : -6.78% (As of Sep. 2023)


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What is Prestige Wealth 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. Prestige Wealth's annualized Gross Profit for the quarter that ended in Sep. 2023 was $-0.43 Mil. Prestige Wealth's average Total Assets over the quarter that ended in Sep. 2023 was $6.40 Mil. Therefore, Prestige Wealth's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was -6.78%.

Prestige Wealth Gross-Profit-to-Asset % Historical Data

The historical data trend for Prestige Wealth'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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Prestige Wealth Gross-Profit-to-Asset % Chart

Prestige Wealth Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Gross-Profit-to-Asset %
37.83 48.95 39.86 5.43

Prestige Wealth Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Gross-Profit-to-Asset % Get a 7-Day Free Trial 8.38 69.84 10.04 18.94 -6.78

Competitive Comparison of Prestige Wealth's Gross-Profit-to-Asset %

For the Asset Management subindustry, Prestige Wealth'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.

Prestige Wealth's Gross-Profit-to-Asset % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Prestige Wealth's Gross-Profit-to-Asset % distribution charts can be found below:

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


Prestige Wealth Gross-Profit-to-Asset % Calculation

Prestige Wealth's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=0.349/( (5.998+6.864)/ 2 )
=0.349/6.431
=5.43 %

Prestige Wealth'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: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-0.434/( (5.935+6.864)/ 2 )
=-0.434/6.3995
=-6.78 %

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

Prestige Wealth Gross-Profit-to-Asset % Related Terms

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Prestige Wealth (Prestige Wealth) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Prestige Wealth Inc (NAS:PWM) » Definitions » Gross-Profit-to-Asset %
Comparable Companies
SFE ILUS AINC BHV EQS NOM CUBA RCG ENDI TETAA BLK BX OSTO:INVE A KKR TSX:BN APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
2 Queen’s Road Central, Suite 5102, 51th Floor, Cheung Kong Center, Hong Kong, HKG
Website
https://www.prestigewm.hk
Prestige Wealth Inc is engaged in providing private wealth management services and asset management to high-net-worth and ultra-high-net-worth individuals and enterprises through its subsidiaries.

Prestige Wealth (Prestige Wealth) Headlines

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