WANG & LEE Group (WANG & LEE Group) Gross-Profit-to-Asset % : 40.91% (As of Dec. 2023)

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What is WANG & LEE Group 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. WANG & LEE Group's annualized Gross Profit for the quarter that ended in Dec. 2023 was $4.38 Mil. WANG & LEE Group's average Total Assets over the quarter that ended in Dec. 2023 was $10.70 Mil. Therefore, WANG & LEE Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 40.91%.

WANG & LEE Group Gross-Profit-to-Asset % Historical Data

The historical data trend for WANG & LEE Group'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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WANG & LEE Group Gross-Profit-to-Asset % Chart

WANG & LEE Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

34.65

37.88

28.48

32.78

WANG & LEE Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial			36.20	34.67	32.37	7.97	40.91

Competitive Comparison of WANG & LEE Group's Gross-Profit-to-Asset %

For the Engineering & Construction subindustry, WANG & LEE Group'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.

WANG & LEE Group's Gross-Profit-to-Asset % Distribution in the Construction Industry

For the Construction industry and Industrials sector, WANG & LEE Group's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where WANG & LEE Group's Gross-Profit-to-Asset % falls into.

WANG & LEE Group Gross-Profit-to-Asset % Calculation

WANG & LEE Group'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 )
	=	2.441	/	( (3.1	+	11.791)	/ 2 )
	=	2.441	/	7.4455
	=	32.78 %

WANG & LEE Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	4.376	/	( (9.6	+	11.791)	/ 2 )
	=	4.376	/	10.6955
	=	40.91 %

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 two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

WANG & LEE Group Gross-Profit-to-Asset % Related Terms

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WANG & LEE Group (WANG & LEE Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » WANG & LEE Group Inc (NAS:WLGS) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Tai Yip Street, 5th Floor, Wing Tai Factory Building, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.wangnlee.com.hk

WANG & LEE Group Inc operates as an investment holding company. The firm conducts its primary operations through its indirectly wholly owned subsidiary WANG and LEE CONTRACTING LIMITED (WLHK). WLHK provides contract engineering, installation, and out-fitting of the following products and services: low voltage (220v/phase 1 or 380v/phase 3) electrical systems, mechanical ventilation and air-conditioning systems (MVAC), fire safety systems, and water supply and sewage disposal systems.

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