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Ace Bed Co (XKRX:003800) Gross-Profit-to-Asset % : 29.78% (As of Mar. 2024)


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What is Ace Bed 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. Ace Bed Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₩217,033 Mil. Ace Bed Co's average Total Assets over the quarter that ended in Mar. 2024 was ₩728,820 Mil. Therefore, Ace Bed Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 29.78%.


Ace Bed Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Ace Bed 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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Ace Bed Co Gross-Profit-to-Asset % Chart

Ace Bed 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 34.17 31.82 35.19 31.91 28.00

Ace Bed Co 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 25.65 26.45 29.21 31.17 29.78

Competitive Comparison of Ace Bed Co's Gross-Profit-to-Asset %

For the Furnishings, Fixtures & Appliances subindustry, Ace Bed 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.


Ace Bed Co's Gross-Profit-to-Asset % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ace Bed Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Ace Bed Co Gross-Profit-to-Asset % Calculation

Ace Bed 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 )
=196328.927/( (685499.245+716664.182)/ 2 )
=196328.927/701081.7135
=28.00 %

Ace Bed 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 )
=217032.636/( (716664.182+740975.996)/ 2 )
=217032.636/728820.089
=29.78 %

* 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.


Ace Bed Co Gross-Profit-to-Asset % Related Terms

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Ace Bed Co (XKRX:003800) Business Description

Traded in Other Exchanges
N/A
Address
310-1, Sanggok-ri, Samseong-myeon, Eumseong-gun, Chungcheongbuk-do, KOR, 462-120
Ace Bed Co Ltd is engaged in manufacturing and selling beds, mattresses, sleep care systems and accessories, and bedroom furniture sets in South Korea and internationally. Its bedroom furniture sets include nightstands, mirrors, bureaus, and make-up tables, and other products.

Ace Bed Co (XKRX:003800) Headlines

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