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Zhejiang RIFA Precision Machinery Co (SZSE:002520) Gross-Profit-to-Asset % : 5.33% (As of Mar. 2024)


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What is Zhejiang RIFA Precision Machinery 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 RIFA Precision Machinery Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥222 Mil. Zhejiang RIFA Precision Machinery Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥4,163 Mil. Therefore, Zhejiang RIFA Precision Machinery Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 5.33%.


Zhejiang RIFA Precision Machinery Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Zhejiang RIFA Precision Machinery 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 RIFA Precision Machinery Co Gross-Profit-to-Asset % Chart

Zhejiang RIFA Precision Machinery 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 13.32 11.27 10.49 8.58 8.87

Zhejiang RIFA Precision Machinery 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 2.54 9.44 8.87 14.19 5.33

Competitive Comparison of Zhejiang RIFA Precision Machinery Co's Gross-Profit-to-Asset %

For the Business Equipment & Supplies subindustry, Zhejiang RIFA Precision Machinery 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 RIFA Precision Machinery Co's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang RIFA Precision Machinery Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Zhejiang RIFA Precision Machinery Co Gross-Profit-to-Asset % Calculation

Zhejiang RIFA Precision Machinery 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 )
=451.552/( (5957.833+4226.766)/ 2 )
=451.552/5092.2995
=8.87 %

Zhejiang RIFA Precision Machinery 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 )
=221.74/( (4226.766+4098.403)/ 2 )
=221.74/4162.5845
=5.33 %

* 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 RIFA Precision Machinery Co (SZSE:002520) Business Description

Traded in Other Exchanges
N/A
Address
Nanyan Industry Zone, Zhejiang Province, Xinchang, CHN, 312500
Zhejiang RIFA Precision Machinery Co Ltd is a China-based company engaged in the manufacturing and distribution of computer numerical control (CNC) machine tools. It provides CNC lathes, CNC grinding machines, vertical machining centers, horizontal machining centers, as well as gantry machining centers, among others. It offers its products under the brand name RIFA. The company distributes its products within domestic market and to overseas markets.
Executives
Wang Ben Shan Directors, executives
Huang Lin Jun Supervisors
Wu Jie Director
Wang Ji Director
Dong Yi Guang Supervisors

Zhejiang RIFA Precision Machinery Co (SZSE:002520) Headlines

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