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Ruijie Networks Co (SZSE:301165) Gross-Profit-to-Asset % : 39.90% (As of Mar. 2024)


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What is Ruijie Networks 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. Ruijie Networks Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥3,308 Mil. Ruijie Networks Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥8,291 Mil. Therefore, Ruijie Networks Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 39.90%.


Ruijie Networks Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Ruijie Networks 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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Ruijie Networks Co Gross-Profit-to-Asset % Chart

Ruijie Networks Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 112.11 81.58 72.16 65.84 54.67

Ruijie Networks Co Quarterly Data
Dec17 Dec18 Sep19 Dec19 Jun20 Sep20 Dec20 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 47.75 54.78 61.77 69.27 39.90

Competitive Comparison of Ruijie Networks Co's Gross-Profit-to-Asset %

For the Communication Equipment subindustry, Ruijie Networks 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.


Ruijie Networks Co's Gross-Profit-to-Asset % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ruijie Networks Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Ruijie Networks Co Gross-Profit-to-Asset % Calculation

Ruijie Networks 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 )
=4494.721/( (8078.99+8364.288)/ 2 )
=4494.721/8221.639
=54.67 %

Ruijie Networks 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 )
=3307.816/( (8364.288+8218.044)/ 2 )
=3307.816/8291.166
=39.90 %

* 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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Ruijie Networks Co (SZSE:301165) Business Description

Traded in Other Exchanges
N/A
Address
No. 618, Jinshan Avenue, Building 19, Juyuanzhou Industrial Park, Cangshan District, Fujian Province, Fuzhou, CHN, 350002
Ruijie Networks Co Ltd is engaged in the research and development, design and sales of network equipment, network security products and cloud desktop solutions.

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