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G-bits Network Technology (Xiamen) Co (SHSE:603444) Gross-Profit-to-Asset % : 48.52% (As of Mar. 2024)


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What is G-bits Network Technology (Xiamen) 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. G-bits Network Technology (Xiamen) Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥3,310 Mil. G-bits Network Technology (Xiamen) Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥6,823 Mil. Therefore, G-bits Network Technology (Xiamen) Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 48.52%.


G-bits Network Technology (Xiamen) Co Gross-Profit-to-Asset % Historical Data

The historical data trend for G-bits Network Technology (Xiamen) 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.

G-bits Network Technology (Xiamen) Co Gross-Profit-to-Asset % Chart

G-bits Network Technology (Xiamen) 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 46.90 48.33 62.76 67.46 56.45

G-bits Network Technology (Xiamen) 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 60.81 62.59 50.25 48.00 48.52

Competitive Comparison of G-bits Network Technology (Xiamen) Co's Gross-Profit-to-Asset %

For the Electronic Gaming & Multimedia subindustry, G-bits Network Technology (Xiamen) 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.


G-bits Network Technology (Xiamen) Co's Gross-Profit-to-Asset % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, G-bits Network Technology (Xiamen) Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where G-bits Network Technology (Xiamen) Co's Gross-Profit-to-Asset % falls into.



G-bits Network Technology (Xiamen) Co Gross-Profit-to-Asset % Calculation

G-bits Network Technology (Xiamen) 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 )
=3704.946/( (6490.42+6636.771)/ 2 )
=3704.946/6563.5955
=56.45 %

G-bits Network Technology (Xiamen) 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 )
=3310.116/( (6636.771+7008.738)/ 2 )
=3310.116/6822.7545
=48.52 %

* 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.


G-bits Network Technology (Xiamen) Co Gross-Profit-to-Asset % Related Terms

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G-bits Network Technology (Xiamen) Co (SHSE:603444) Business Description

Traded in Other Exchanges
N/A
Address
Room 101, No. 4, Wanghai Road, Xiamen Software Park, Fujian Province, Xiamen, CHN, 361008
G-bits Network Technology (Xiamen) Co Ltd develops video games and other multiplayer online games. It offers client, Web, mobile, and VR games. Geographically, it operates through the region of China.
Executives
Liang Li Li senior management
Lu Hong Yan Director
Gao Yan Director

G-bits Network Technology (Xiamen) Co (SHSE:603444) Headlines

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