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Lao Feng Xiang Co (SHSE:600612) Gross-Profit-to-Asset % : 30.10% (As of Mar. 2024)


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What is Lao Feng Xiang 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. Lao Feng Xiang Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥8,579 Mil. Lao Feng Xiang Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥28,506 Mil. Therefore, Lao Feng Xiang Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 30.10%.


Lao Feng Xiang Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Lao Feng Xiang 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.

Lao Feng Xiang Co Gross-Profit-to-Asset % Chart

Lao Feng Xiang 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 25.72 22.75 21.56 19.79 23.56

Lao Feng Xiang 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 29.40 22.68 26.26 14.03 30.10

Competitive Comparison of Lao Feng Xiang Co's Gross-Profit-to-Asset %

For the Luxury Goods subindustry, Lao Feng Xiang 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.


Lao Feng Xiang Co's Gross-Profit-to-Asset % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lao Feng Xiang Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Lao Feng Xiang Co Gross-Profit-to-Asset % Calculation

Lao Feng Xiang 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 )
=5930.522/( (26004.84+24333.848)/ 2 )
=5930.522/25169.344
=23.56 %

Lao Feng Xiang 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 )
=8579.088/( (24333.848+32678.279)/ 2 )
=8579.088/28506.0635
=30.10 %

* 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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Lao Feng Xiang Co (SHSE:600612) Business Description

Traded in Other Exchanges
Address
No. 270, Luxi Road, 6th Floor, Building 1, Xuhui District, Shanghai, CHN, 200235
Lao Feng Xiang Co Ltd is engaged in the manufacture and sale of gold jewelry. It is also engaged in the manufacture and distribution of gold arts and crafts, and other related products.

Lao Feng Xiang Co (SHSE:600612) Headlines

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