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IEIT Systems Co (SZSE:000977) Gross-Profit-to-Asset % : 11.60% (As of Mar. 2024)


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What is IEIT Systems 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. IEIT Systems Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥5,689 Mil. IEIT Systems Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥49,040 Mil. Therefore, IEIT Systems Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 11.60%.


IEIT Systems Co Gross-Profit-to-Asset % Historical Data

The historical data trend for IEIT Systems 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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IEIT Systems Co Gross-Profit-to-Asset % Chart

IEIT Systems 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 22.48 21.77 18.13 17.80 14.81

IEIT Systems 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 11.02 13.72 14.57 15.72 11.60

Competitive Comparison of IEIT Systems Co's Gross-Profit-to-Asset %

For the Computer Hardware subindustry, IEIT Systems 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.


IEIT Systems Co's Gross-Profit-to-Asset % Distribution in the Hardware Industry

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

* The bar in red indicates where IEIT Systems Co's Gross-Profit-to-Asset % falls into.



IEIT Systems Co Gross-Profit-to-Asset % Calculation

IEIT Systems 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 )
=6612.294/( (41157.288+48119.625)/ 2 )
=6612.294/44638.4565
=14.81 %

IEIT Systems 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 )
=5689.316/( (48119.625+49960.857)/ 2 )
=5689.316/49040.241
=11.60 %

* 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.


IEIT Systems Co Gross-Profit-to-Asset % Related Terms

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IEIT Systems Co (SZSE:000977) Business Description

Traded in Other Exchanges
N/A
Address
1036 Langchao Road, Shandong Province, Jinan, CHN, 250101
IEIT Systems Co Ltd formerly Inspur Electronic Information Industry Co Ltd is a China-based cloud computing, big data service provider. It is engaged in providing cloud computing solutions and services at IaaS, PaaS and SaaS levels. Its products include rack servers, blade systems, mission-critical systems, storage devices, mainframe security products and others. The company assists customers to build platforms underpinned by cloud computing infrastructure and based on its information software for governments, enterprises, and industries, terminal products, and solutions, the company support governments, enterprises, and industries in cloud construction. The company ships its IT products and services internationally.
Executives
Huang Jia Ming Executives
Wu Long Directors, executives
Gong Wei Feng Executives
Chen Bin Supervisors
Pang Song Tao Director
Kong Liang Executives
Guo Ji Jun Executives
Hu Lei Jun Executives
Zhang Ai Cheng Executives

IEIT Systems Co (SZSE:000977) Headlines

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