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Zhejiang Weixing New Building Materials Co (SZSE:002372) Gross-Profit-to-Asset % : 22.88% (As of Mar. 2024)


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What is Zhejiang Weixing New Building Materials 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 New Building Materials Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥1,654 Mil. Zhejiang Weixing New Building Materials Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥7,228 Mil. Therefore, Zhejiang Weixing New Building Materials Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 22.88%.


Zhejiang Weixing New Building Materials Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Zhejiang Weixing New Building Materials 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 Weixing New Building Materials Co Gross-Profit-to-Asset % Chart

Zhejiang Weixing New Building Materials 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 45.89 42.36 42.02 41.34 39.73

Zhejiang Weixing New Building Materials 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 19.15 35.16 43.99 67.14 22.88

Competitive Comparison of Zhejiang Weixing New Building Materials Co's Gross-Profit-to-Asset %

For the Building Products & Equipment subindustry, Zhejiang Weixing New Building Materials 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 New Building Materials Co's Gross-Profit-to-Asset % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Zhejiang Weixing New Building Materials Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Zhejiang Weixing New Building Materials Co Gross-Profit-to-Asset % Calculation

Zhejiang Weixing New Building Materials 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 )
=2826.634/( (6938.789+7291.64)/ 2 )
=2826.634/7115.2145
=39.73 %

Zhejiang Weixing New Building Materials 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 )
=1653.824/( (7291.64+7163.598)/ 2 )
=1653.824/7227.619
=22.88 %

* 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 New Building Materials Co (SZSE:002372) Business Description

Traded in Other Exchanges
N/A
Address
Linhai Economic Development Zone, Zhejiang, Taizhou, CHN, 317000
Zhejiang Weixing New Building Materials Co Ltd is a China-based company engaged in manufacturing and processing plastic pipe, new building materials, raw and auxiliary accessories, sanitary ware, water meters and valves. Its brands consist of Weixing, annette, and KALE.
Executives
Jin Hong Yang Directors, executives
Qi Jin Xiu Executives
Xie Jin Kun Director
Chen An Men Executives
Zhang San Yun Director
Li Xiao Ming Securities Affairs Representative
Zhang Ka Peng Director
Chen Guo Gui Supervisors
Shi Guo Jun Executives
Qu San Lu Executives

Zhejiang Weixing New Building Materials Co (SZSE:002372) Headlines

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