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Shandong Weifang Rainbow Chemical Co (SZSE:301035) Gross-Profit-to-Asset % : 14.45% (As of Mar. 2024)


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What is Shandong Weifang Rainbow Chemical 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. Shandong Weifang Rainbow Chemical Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥2,165 Mil. Shandong Weifang Rainbow Chemical Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥14,978 Mil. Therefore, Shandong Weifang Rainbow Chemical Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 14.45%.


Shandong Weifang Rainbow Chemical Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Shandong Weifang Rainbow Chemical 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.

* Premium members only.

Shandong Weifang Rainbow Chemical Co Gross-Profit-to-Asset % Chart

Shandong Weifang Rainbow Chemical 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 22.04 19.87 21.11 26.71 18.36

Shandong Weifang Rainbow Chemical Co Quarterly Data
Dec18 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 14.94 22.56 27.25 13.89 14.45

Competitive Comparison of Shandong Weifang Rainbow Chemical Co's Gross-Profit-to-Asset %

For the Agricultural Inputs subindustry, Shandong Weifang Rainbow Chemical 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.


Shandong Weifang Rainbow Chemical Co's Gross-Profit-to-Asset % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Shandong Weifang Rainbow Chemical Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Shandong Weifang Rainbow Chemical Co's Gross-Profit-to-Asset % falls into.



Shandong Weifang Rainbow Chemical Co Gross-Profit-to-Asset % Calculation

Shandong Weifang Rainbow Chemical 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 )
=2433.179/( (11600.953+14897.954)/ 2 )
=2433.179/13249.4535
=18.36 %

Shandong Weifang Rainbow Chemical 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 )
=2165.044/( (14897.954+15058.877)/ 2 )
=2165.044/14978.4155
=14.45 %

* 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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Shandong Weifang Rainbow Chemical Co (SZSE:301035) Business Description

Traded in Other Exchanges
N/A
Address
No. 03001, Chlor-Alkali Road, Binhai Economic Development Zone, Shandong Province, Weifang, CHN, 262737
Shandong Weifang Rainbow Chemical Co Ltd is a crop protection company. It produces, distributes and markets agrochemicals.

Shandong Weifang Rainbow Chemical Co (SZSE:301035) Headlines

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