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Merit Interactive Co (SZSE:300766) Gross-Profit-to-Asset % : 16.03% (As of Mar. 2024)


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What is Merit Interactive 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. Merit Interactive Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥311.9 Mil. Merit Interactive Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥1,946.6 Mil. Therefore, Merit Interactive Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 16.03%.


Merit Interactive Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Merit Interactive 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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Merit Interactive Co Gross-Profit-to-Asset % Chart

Merit Interactive 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 23.93 15.95 18.52 15.55 14.07

Merit Interactive 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 13.75 14.50 13.65 14.68 16.03

Competitive Comparison of Merit Interactive Co's Gross-Profit-to-Asset %

For the Telecom Services subindustry, Merit Interactive 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.


Merit Interactive Co's Gross-Profit-to-Asset % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Merit Interactive Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Merit Interactive Co Gross-Profit-to-Asset % Calculation

Merit Interactive 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 )
=294.801/( (2151.031+2039.324)/ 2 )
=294.801/2095.1775
=14.07 %

Merit Interactive 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 )
=311.944/( (2039.324+1853.875)/ 2 )
=311.944/1946.5995
=16.03 %

* 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.


Merit Interactive Co Gross-Profit-to-Asset % Related Terms

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Merit Interactive Co (SZSE:300766) Business Description

Traded in Other Exchanges
N/A
Address
West District, No. 525, Xixi Road, No. 7 Xidoumen Road, Xihu District, Hangzhou, Zhejiang, Building A, Room 418, 14th Floor, Block A, Qiandao Lake Zhigu Building, Xihu District, Zhejiang Province, Hangzhou, CHN, 310012
Merit Interactive Co Ltd is a provider of integrated mobile Internet services based on big data.
Executives
Yin Zu Yong Director
Chen Jin Lai Supervisors
Fang Yi Directors, executives
Dong Lin Supervisors

Merit Interactive Co (SZSE:300766) Headlines

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