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Ningbo Deye Technology Co (SHSE:605117) Gross-Profit-to-Asset % : 24.63% (As of Mar. 2024)


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What is Ningbo Deye Technology 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. Ningbo Deye Technology Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥2,737 Mil. Ningbo Deye Technology Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥11,112 Mil. Therefore, Ningbo Deye Technology Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 24.63%.


Ningbo Deye Technology Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Ningbo Deye Technology 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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Ningbo Deye Technology Co Gross-Profit-to-Asset % Chart

Ningbo Deye Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 52.27 47.31 34.13 36.44 31.29

Ningbo Deye Technology Co Quarterly Data
Dec17 Dec18 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 38.43 44.25 19.87 17.48 24.63

Competitive Comparison of Ningbo Deye Technology Co's Gross-Profit-to-Asset %

For the Furnishings, Fixtures & Appliances subindustry, Ningbo Deye Technology 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.


Ningbo Deye Technology Co's Gross-Profit-to-Asset % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ningbo Deye Technology Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Ningbo Deye Technology Co's Gross-Profit-to-Asset % falls into.



Ningbo Deye Technology Co Gross-Profit-to-Asset % Calculation

Ningbo Deye Technology 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 )
=3022.901/( (8507.428+10817.384)/ 2 )
=3022.901/9662.406
=31.29 %

Ningbo Deye Technology 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 )
=2737.244/( (10817.384+11406.001)/ 2 )
=2737.244/11111.6925
=24.63 %

* 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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Ningbo Deye Technology Co (SHSE:605117) Business Description

Traded in Other Exchanges
N/A
Address
No. 26, Yongjiang South Road, Daqi, Beilun District, Zhejiang Province, Ningbo, CHN, 315806
Ningbo Deye Technology Co Ltd is engaged in the production and sales of components such as evaporators, condensers, and frequency conversion control chips, as well as environmental electrical products such as dehumidifiers and air source heat pump heaters.

Ningbo Deye Technology Co (SHSE:605117) Headlines

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