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Zhejiang XCC Group Co (SHSE:603667) Gross-Profit-to-Asset % : 10.16% (As of Mar. 2024)


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What is Zhejiang XCC 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. Zhejiang XCC Group Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥504 Mil. Zhejiang XCC Group Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥4,956 Mil. Therefore, Zhejiang XCC Group Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 10.16%.


Zhejiang XCC Group Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Zhejiang XCC 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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Zhejiang XCC Group Co Gross-Profit-to-Asset % Chart

Zhejiang XCC 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 13.18 10.85 12.64 13.18 11.94

Zhejiang XCC 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 11.70 11.85 11.40 12.31 10.16

Competitive Comparison of Zhejiang XCC Group Co's Gross-Profit-to-Asset %

For the Tools & Accessories subindustry, Zhejiang XCC 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.


Zhejiang XCC Group Co's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang XCC Group Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Zhejiang XCC Group Co Gross-Profit-to-Asset % Calculation

Zhejiang XCC 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 )
=544.807/( (4407.371+4714.603)/ 2 )
=544.807/4560.987
=11.94 %

Zhejiang XCC 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 )
=503.712/( (4714.603+5197.248)/ 2 )
=503.712/4955.9255
=10.16 %

* 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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Zhejiang XCC Group Co (SHSE:603667) Business Description

Traded in Other Exchanges
N/A
Address
No.199, Taitan Main Road, Xinchang County, Zhejiang Province, Shaoxing, CHN, 312500
Zhejiang XCC Group Co Ltd is operating in the bearing industry. The company mainly produces high-precision, low-noise deep groove ball bearing, auto hub bearing, the precision bearing of numerical control machine, high-speed and precision bearing of thread spinner, shaft bearing and motor bearing. The company also deals with auto parts and technical equipment. Its products are mainly sold to the United States of America, Japan, Korea, Brazil and other regions.
Executives
Yu Ru Wen senior management
Wu Hong Ying senior management
Song Chao Jiang senior management
Xu Rong Bin senior management
Qin Yi senior management
Zhang Xun Lei senior management
Cui Cui Ping senior management

Zhejiang XCC Group Co (SHSE:603667) Headlines

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