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Shida Shinghwa Advanced Material Group Co (SHSE:603026) Gross-Profit-to-Asset % : 4.38% (As of Mar. 2024)


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What is Shida Shinghwa Advanced Material Group 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. Shida Shinghwa Advanced Material Group Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥342 Mil. Shida Shinghwa Advanced Material Group Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥7,816 Mil. Therefore, Shida Shinghwa Advanced Material Group Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 4.38%.


Shida Shinghwa Advanced Material Group Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Shida Shinghwa Advanced Material Group 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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Shida Shinghwa Advanced Material Group Co Gross-Profit-to-Asset % Chart

Shida Shinghwa Advanced Material Group 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 26.11 23.63 55.71 26.81 5.36

Shida Shinghwa Advanced Material Group 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 4.98 3.89 9.32 3.42 4.38

Competitive Comparison of Shida Shinghwa Advanced Material Group Co's Gross-Profit-to-Asset %

For the Chemicals subindustry, Shida Shinghwa Advanced Material Group 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.


Shida Shinghwa Advanced Material Group Co's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shida Shinghwa Advanced Material Group Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Shida Shinghwa Advanced Material Group Co's Gross-Profit-to-Asset % falls into.



Shida Shinghwa Advanced Material Group Co Gross-Profit-to-Asset % Calculation

Shida Shinghwa Advanced Material Group 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 )
=366.645/( (6405.737+7276.162)/ 2 )
=366.645/6840.9495
=5.36 %

Shida Shinghwa Advanced Material Group 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 )
=342.072/( (7276.162+8355.184)/ 2 )
=342.072/7815.673
=4.38 %

* 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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Shida Shinghwa Advanced Material Group Co (SHSE:603026) Business Description

Traded in Other Exchanges
N/A
Address
No. 198, Tongxing Road, Kenli District, Shandong Province, Dongying, CHN, 257503
Shinghwa Advanced Material Group Co Ltd is engaged in the new energy materials business and basic chemical business.
Executives
Yu Hai Ming Director
Ding Wei Tao senior management
Lv Jun Qi senior management
Song Hui Bao senior management
Zheng Jun senior management
Guo Tian Ming Director
Zhang Zhong Xiang Director
Meng Fan Song Director
Sun Wu senior management

Shida Shinghwa Advanced Material Group Co (SHSE:603026) Headlines

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