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Sineng Electric Co (SZSE:300827) Gross-Profit-to-Asset % : 10.17% (As of Mar. 2024)


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What is Sineng Electric 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. Sineng Electric Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥670 Mil. Sineng Electric Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥6,587 Mil. Therefore, Sineng Electric Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 10.17%.


Sineng Electric Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Sineng Electric 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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Sineng Electric Co Gross-Profit-to-Asset % Chart

Sineng Electric 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 21.75 14.17 10.86 11.06 16.42

Sineng Electric 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 10.13 19.96 18.65 18.91 10.17

Competitive Comparison of Sineng Electric Co's Gross-Profit-to-Asset %

For the Solar subindustry, Sineng Electric 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.


Sineng Electric Co's Gross-Profit-to-Asset % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sineng Electric Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Sineng Electric Co Gross-Profit-to-Asset % Calculation

Sineng Electric 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 )
=948.78/( (4615.016+6940.549)/ 2 )
=948.78/5777.7825
=16.42 %

Sineng Electric 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 )
=670.088/( (6940.549+6232.648)/ 2 )
=670.088/6586.5985
=10.17 %

* 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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Sineng Electric Co (SZSE:300827) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Hehui Road, Huishan District, Jiangsu Province, Wuxi, CHN, 214174
Sineng Electric Co Ltd is engaged in production and sales of power electronic equipment. The company is deeply involved in the field of power electronics energy conversion and control, providing users with products and solutions such as photovoltaic grid-connected inversion, photovoltaic power station operation and maintenance, photovoltaic power station development, power quality control, and energy storage bidirectional conversion. Its business covers the entire power generation, supply and distribution, and electricity consumption systems, and it is a leading equipment manufacturer and solution provider in related industries.
Executives
Chen Gan Feng Directors, executives
Duan Yu He Directors, executives
Li Jian Fei Directors, executives
Zhao Long Supervisors

Sineng Electric Co (SZSE:300827) Headlines

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