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Shandong Hi-Speed Co (SHSE:600350) Gross-Profit-to-Asset % : 4.24% (As of Mar. 2024)


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What is Shandong Hi-Speed Co 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. Shandong Hi-Speed Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥6,462 Mil. Shandong Hi-Speed Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥152,565 Mil. Therefore, Shandong Hi-Speed Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 4.24%.


Shandong Hi-Speed Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Shandong Hi-Speed Co'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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Shandong Hi-Speed Co Gross-Profit-to-Asset % Chart

Shandong Hi-Speed Co 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 5.94 5.11 6.22 5.47 5.45

Shandong Hi-Speed Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.18 5.01 5.14 7.32 4.24

Competitive Comparison of Shandong Hi-Speed Co's Gross-Profit-to-Asset %

For the Infrastructure Operations subindustry, Shandong Hi-Speed Co'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.


Shandong Hi-Speed Co's Gross-Profit-to-Asset % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shandong Hi-Speed Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Shandong Hi-Speed Co's Gross-Profit-to-Asset % falls into.



Shandong Hi-Speed Co Gross-Profit-to-Asset % Calculation

Shandong Hi-Speed Co'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 )
=8065.58/( (144161.068+151719.888)/ 2 )
=8065.58/147940.478
=5.45 %

Shandong Hi-Speed Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=6461.7/( (151719.888+153410.579)/ 2 )
=6461.7/152565.2335
=4.24 %

* 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 (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Shandong Hi-Speed Co (SHSE:600350) Business Description

Traded in Other Exchanges
N/A
Address
No. 5006, Aoti Middle Road, Shandong, Jinan, CHN, 250101
Shandong Hi-Speed Co Ltd is a China-based company mainly engaged in the investment and operation of transportation infrastructure. It is also engaged in activities of equity investment in the upstream and downstream industries, finance, and environmental protection of the highway industry chain. It operates and maintains toll roads, bridges, tunnels, and other infrastructure facilities. The company earns majority revenue in the form of Toll, railway transportation, sales of goods, project construction, and other businesses.

Shandong Hi-Speed Co (SHSE:600350) Headlines

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