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Tongwei Co (SHSE:600438) Gross-Profit-to-Asset % : 4.19% (As of Mar. 2024)


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What is Tongwei 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. Tongwei Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥7,204 Mil. Tongwei Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥172,044 Mil. Therefore, Tongwei Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 4.19%.


Tongwei Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Tongwei 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.

* Premium members only.

Tongwei Co Gross-Profit-to-Asset % Chart

Tongwei 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 16.46 13.36 21.34 46.57 23.73

Tongwei 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 37.24 27.68 18.35 9.87 4.19

Competitive Comparison of Tongwei Co's Gross-Profit-to-Asset %

For the Farm Products subindustry, Tongwei 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.


Tongwei Co's Gross-Profit-to-Asset % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tongwei Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Tongwei Co Gross-Profit-to-Asset % Calculation

Tongwei 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 )
=36776.118/( (145574.989+164363.161)/ 2 )
=36776.118/154969.075
=23.73 %

Tongwei 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 )
=7203.696/( (164363.161+179724.442)/ 2 )
=7203.696/172043.8015
=4.19 %

* 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.


Tongwei Co Gross-Profit-to-Asset % Related Terms

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Tongwei Co (SHSE:600438) Business Description

Traded in Other Exchanges
N/A
Address
No. 588, Middle Section Tianfu Avenue, High-Tech Zone, Tongwei International Center, Sichuan, Chengdu, CHN, 610041
Tongwei is the largest polysilicon producer in the world. It produced 266.9 thousand metric tons of polysilicon in 2022, accounting for 32% of total production in China. Polysilicon contributed 43% of revenue and 85% of gross profit in 2022. Tongwei is also the largest solar cell producer in the world.
Executives
Zhou Bin senior management
Xie Yi Director
Song Gang Jie senior management
Yang Shi Xian Supervisors
Shen Jin Zhu senior management
Duan Yong Director
Deng San Supervisors
Chen Ping Fu senior management
Zhang Lu senior management
Wang Shang Wen senior management
Guo Yi Zhong senior management
Yan Hu Director
Hong Rui senior management
Yuan Shi Hua senior management
Yan Bao Quan Supervisors

Tongwei Co (SHSE:600438) Headlines

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