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ADD Industry (Zhejiang) (SHSE:603089) Gross-Profit-to-Asset % : 16.19% (As of Mar. 2024)


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What is ADD Industry (Zhejiang) 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. ADD Industry (Zhejiang)'s annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥451 Mil. ADD Industry (Zhejiang)'s average Total Assets over the quarter that ended in Mar. 2024 was ¥2,788 Mil. Therefore, ADD Industry (Zhejiang)'s annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 16.19%.


ADD Industry (Zhejiang) Gross-Profit-to-Asset % Historical Data

The historical data trend for ADD Industry (Zhejiang)'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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ADD Industry (Zhejiang) Gross-Profit-to-Asset % Chart

ADD Industry (Zhejiang) 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 21.96 16.30 16.74 15.66 16.76

ADD Industry (Zhejiang) 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 12.21 19.60 21.18 14.69 16.19

Competitive Comparison of ADD Industry (Zhejiang)'s Gross-Profit-to-Asset %

For the Auto Parts subindustry, ADD Industry (Zhejiang)'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.


ADD Industry (Zhejiang)'s Gross-Profit-to-Asset % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ADD Industry (Zhejiang)'s Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where ADD Industry (Zhejiang)'s Gross-Profit-to-Asset % falls into.



ADD Industry (Zhejiang) Gross-Profit-to-Asset % Calculation

ADD Industry (Zhejiang)'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 )
=431.677/( (2395.921+2753.831)/ 2 )
=431.677/2574.876
=16.76 %

ADD Industry (Zhejiang)'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 )
=451.348/( (2753.831+2822.803)/ 2 )
=451.348/2788.317
=16.19 %

* 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.


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ADD Industry (Zhejiang) (SHSE:603089) Business Description

Traded in Other Exchanges
N/A
Address
38-88 shuanggang road, Zhejiang Province, Yuhuan County, CHN, 317600
ADD Industry (Zhejiang) Corp Ltd manufactures and sells shock absorbers for vehicle suspension system. It offers twin-tube shock absorbers, strut cartridges, shock absorbers with spring seat, struts, airbag shock absorbers, strut assemblies, steering dampers, adjustable shock absorbers, and cabin dampers for passenger and commercial vehicles.
Executives
Zheng Lian Ping Director
Liu Yong Director
Ye Wei Ming Supervisors
Chen Ling Hui Directors, senior managers
Zheng Nian Hui Director

ADD Industry (Zhejiang) (SHSE:603089) Headlines

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