GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Zhejiang Tengen Electric Co Ltd (SHSE:605066) » Definitions » Gross-Profit-to-Asset %

Zhejiang Tengen Electric Co (SHSE:605066) Gross-Profit-to-Asset % : 20.26% (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Zhejiang Tengen Electric 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 Tengen Electric Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥687 Mil. Zhejiang Tengen Electric Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥3,391 Mil. Therefore, Zhejiang Tengen Electric Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 20.26%.


Zhejiang Tengen Electric Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Zhejiang Tengen Electric 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.

Zhejiang Tengen Electric Co Gross-Profit-to-Asset % Chart

Zhejiang Tengen Electric Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 33.79 26.26 21.58 20.18 23.41

Zhejiang Tengen Electric 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 19.95 26.19 24.74 23.53 20.26

Competitive Comparison of Zhejiang Tengen Electric Co's Gross-Profit-to-Asset %

For the Electronic Components subindustry, Zhejiang Tengen Electric 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 Tengen Electric Co's Gross-Profit-to-Asset % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zhejiang Tengen Electric Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Zhejiang Tengen Electric Co Gross-Profit-to-Asset % Calculation

Zhejiang Tengen Electric 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 )
=762.664/( (3056.977+3459.282)/ 2 )
=762.664/3258.1295
=23.41 %

Zhejiang Tengen Electric 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 )
=687.232/( (3459.282+3323.249)/ 2 )
=687.232/3391.2655
=20.26 %

* 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.


Zhejiang Tengen Electric Co Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Zhejiang Tengen Electric Co's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Tengen Electric Co (SHSE:605066) Business Description

Traded in Other Exchanges
N/A
Address
Sulu Industrial Zone, Liushi Town, Zhejiang Province, Yueqing, CHN, 325604
Zhejiang Tengen Electric Co Ltd is engaged in production and sales of low-voltage electrical products such as power distribution appliances, control appliances, terminal appliances, power appliances, and instrument appliances. The company produces industrial electrical products such as low-voltage power distribution and industrial control electrical appliances, smart meters, power supplies, frequency converters, high-voltage electrical appliances, and construction electrical appliances, for electric power, communications, new energy, industrial and civil construction, metallurgy, petrochemical, machinery manufacturing.
Executives
Zhu Xing Bing Director

Zhejiang Tengen Electric Co (SHSE:605066) Headlines

No Headlines