GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Ovctek China Inc (SZSE:300595) » Definitions » Gross-Profit-to-Asset %

Ovctek China (SZSE:300595) Gross-Profit-to-Asset % : 25.11% (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Ovctek China 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. Ovctek China's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥1,412 Mil. Ovctek China's average Total Assets over the quarter that ended in Mar. 2024 was ¥5,625 Mil. Therefore, Ovctek China's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 25.11%.


Ovctek China Gross-Profit-to-Asset % Historical Data

The historical data trend for Ovctek China'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.

Ovctek China Gross-Profit-to-Asset % Chart

Ovctek China 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 35.80 34.40 37.18 28.99 24.42

Ovctek China 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 23.97 20.52 31.18 20.86 25.11

Competitive Comparison of Ovctek China's Gross-Profit-to-Asset %

For the Medical Instruments & Supplies subindustry, Ovctek China'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.


Ovctek China's Gross-Profit-to-Asset % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Ovctek China's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Ovctek China's Gross-Profit-to-Asset % falls into.



Ovctek China Gross-Profit-to-Asset % Calculation

Ovctek China'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 )
=1299.088/( (5118.648+5518.911)/ 2 )
=1299.088/5318.7795
=24.42 %

Ovctek China'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 )
=1412.08/( (5518.911+5730.115)/ 2 )
=1412.08/5624.513
=25.11 %

* 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.


Ovctek China Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Ovctek China's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ovctek China (SZSE:300595) Business Description

Traded in Other Exchanges
N/A
Address
No. 4899 Wangjiang West Road, High-tech Zone, Anhui Province, Hefei, CHN, 230088
Ovctek China Inc is a China-based company engaged in the research and development, production, and sales of rigid gas permeable contact lens products. Its products include Hard Mirror, Mirror Teshu family, High-end ophthalmic products, and Security products. The company-owned trademarks are DreamVision, DreamDawei, Ri Dawei, Hua Cone, Jing Teshu, openvision, and Mengshiqing among others.
Executives
Tao Yue Qun Directors, executives
Directors, executives
Yin Yin Director

Ovctek China (SZSE:300595) Headlines

No Headlines