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Shenzhen Minglida Precision Technology Co (SZSE:301268) Gross-Profit-to-Asset % : 4.35% (As of Mar. 2024)


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What is Shenzhen Minglida Precision Technology 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. Shenzhen Minglida Precision Technology Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥240 Mil. Shenzhen Minglida Precision Technology Co's average Total Assets over the quarter that ended in Mar. 2024 was ¥5,510 Mil. Therefore, Shenzhen Minglida Precision Technology Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 4.35%.


Shenzhen Minglida Precision Technology Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Shenzhen Minglida Precision Technology 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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Shenzhen Minglida Precision Technology Co Gross-Profit-to-Asset % Chart

Shenzhen Minglida Precision Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 22.55 20.57 18.66 20.47 14.86

Shenzhen Minglida Precision Technology Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 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 17.31 15.70 17.14 9.96 4.35

Competitive Comparison of Shenzhen Minglida Precision Technology Co's Gross-Profit-to-Asset %

For the Metal Fabrication subindustry, Shenzhen Minglida Precision Technology 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.


Shenzhen Minglida Precision Technology Co's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen Minglida Precision Technology Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Shenzhen Minglida Precision Technology Co's Gross-Profit-to-Asset % falls into.



Shenzhen Minglida Precision Technology Co Gross-Profit-to-Asset % Calculation

Shenzhen Minglida Precision Technology 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 )
=767.756/( (4690.199+5639.602)/ 2 )
=767.756/5164.9005
=14.86 %

Shenzhen Minglida Precision Technology 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 )
=239.712/( (5639.602+5379.492)/ 2 )
=239.712/5509.547
=4.35 %

* 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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Shenzhen Minglida Precision Technology Co (SZSE:301268) Business Description

Traded in Other Exchanges
N/A
Address
No. 13 Langshan Road, Xili Street, 4th Floor, Research Building, Tsinghua Information Port, West of South Gate, Songpingshan Community, Nanshan District, Guangdong Province, Shenzhen, CHN, 518000
Shenzhen Minglida Precision Technology Co Ltd is engaged in the design, research and development, production and sales of precision structural parts and molds.

Shenzhen Minglida Precision Technology Co (SZSE:301268) Headlines

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