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KIS Wire (XKRX:002240) Gross-Profit-to-Asset % : 9.17% (As of Mar. 2024)


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What is KIS Wire 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. KIS Wire's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₩229,765 Mil. KIS Wire's average Total Assets over the quarter that ended in Mar. 2024 was ₩2,505,394 Mil. Therefore, KIS Wire's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 9.17%.


KIS Wire Gross-Profit-to-Asset % Historical Data

The historical data trend for KIS Wire'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.

KIS Wire Gross-Profit-to-Asset % Chart

KIS Wire 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 8.05 7.16 10.94 12.07 8.96

KIS Wire 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 8.50 8.74 8.72 9.21 9.17

Competitive Comparison of KIS Wire's Gross-Profit-to-Asset %

For the Steel subindustry, KIS Wire'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.


KIS Wire's Gross-Profit-to-Asset % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, KIS Wire's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where KIS Wire's Gross-Profit-to-Asset % falls into.



KIS Wire Gross-Profit-to-Asset % Calculation

KIS Wire'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 )
=223254.413/( (2532768.398+2451280.644)/ 2 )
=223254.413/2492024.521
=8.96 %

KIS Wire'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 )
=229764.776/( (2451280.644+2559506.537)/ 2 )
=229764.776/2505393.5905
=9.17 %

* 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.


KIS Wire Gross-Profit-to-Asset % Related Terms

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KIS Wire (XKRX:002240) Business Description

Traded in Other Exchanges
N/A
Address
37, Gurak-ro 141beon-gil, Suyeong-gu, Busan, KOR
KIS Wire Ltd is in the business of manufacturing secondary steel products such as wire and wire ropes. Its products include oil tempered wire, spring wire, tire reinforcement, house wire, bridge cable, galvanized steel wire, computer wire, wire rope, superconductive wire, etc. The company mainly operates in Korea, Malaysia, and China. It sells its products to automotive, construction, machinery, bridge, energy, fishing and semi-conductor industries.

KIS Wire (XKRX:002240) Headlines

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