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Zhejiang Weixing Industrial Development Co (SZSE:002003) Gross-Profit-to-Asset % : 19.76% (As of Mar. 2024)


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What is Zhejiang Weixing Industrial Development 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 Weixing Industrial Development Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥1,215 Mil. Zhejiang Weixing Industrial Development Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥6,148 Mil. Therefore, Zhejiang Weixing Industrial Development Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 19.76%.


Zhejiang Weixing Industrial Development Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Zhejiang Weixing Industrial Development 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 Weixing Industrial Development Co Gross-Profit-to-Asset % Chart

Zhejiang Weixing Industrial Development 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 31.46 28.19 34.29 32.09 29.57

Zhejiang Weixing Industrial Development 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 22.13 40.52 32.09 25.25 19.76

Competitive Comparison of Zhejiang Weixing Industrial Development Co's Gross-Profit-to-Asset %

For the Apparel Manufacturing subindustry, Zhejiang Weixing Industrial Development 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 Weixing Industrial Development Co's Gross-Profit-to-Asset % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Weixing Industrial Development Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Zhejiang Weixing Industrial Development Co Gross-Profit-to-Asset % Calculation

Zhejiang Weixing Industrial Development 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 )
=1598.577/( (4780.872+6029.68)/ 2 )
=1598.577/5405.276
=29.57 %

Zhejiang Weixing Industrial Development 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 )
=1214.544/( (6029.68+6265.848)/ 2 )
=1214.544/6147.764
=19.76 %

* 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 Weixing Industrial Development Co (SZSE:002003) Business Description

Traded in Other Exchanges
N/A
Address
Garden Industrial Zone, Zhejiang Province, Linhai, CHN, 317025
Zhejiang Weixing Industrial Development Co Ltd is engaged in the R&D, manufacture and distribution of buttons, zippers, metal products and other clothing accessories in China.
Executives
Zhang Ka Peng Director
Hou You Sen Directors, executives
Zheng Fu Hua Supervisors
Zhang San Yun Directors, executives
Zhu Li Quan Director
Cai Li Yong Executives
Shen Li Yong Executives
Luo Shi Wan Directors, executives
Zhang Zu Xing Executives

Zhejiang Weixing Industrial Development Co (SZSE:002003) Headlines

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