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Lotte Chemical (XKRX:011170) Gross-Profit-to-Asset % : 1.98% (As of Mar. 2024)


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What is Lotte Chemical 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. Lotte Chemical's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₩678,130 Mil. Lotte Chemical's average Total Assets over the quarter that ended in Mar. 2024 was ₩34,303,167 Mil. Therefore, Lotte Chemical's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 1.98%.


Lotte Chemical Gross-Profit-to-Asset % Historical Data

The historical data trend for Lotte Chemical'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.

Lotte Chemical Gross-Profit-to-Asset % Chart

Lotte Chemical 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 9.38 5.85 11.67 1.14 2.59

Lotte Chemical 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 3.83 2.69 3.89 -0.05 1.98

Competitive Comparison of Lotte Chemical's Gross-Profit-to-Asset %

For the Chemicals subindustry, Lotte Chemical'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.


Lotte Chemical's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lotte Chemical's Gross-Profit-to-Asset % distribution charts can be found below:

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



Lotte Chemical Gross-Profit-to-Asset % Calculation

Lotte Chemical'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 )
=781293.639/( (26784587.811+33476310.225)/ 2 )
=781293.639/30130449.018
=2.59 %

Lotte Chemical'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 )
=678130.308/( (33476310.225+35130023.659)/ 2 )
=678130.308/34303166.942
=1.98 %

* 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.


Lotte Chemical Gross-Profit-to-Asset % Related Terms

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Lotte Chemical (XKRX:011170) Business Description

Traded in Other Exchanges
N/A
Address
300 Olympic-ro, 14th Floor-16th Floor, Lotte World Tower, Songpa-gu, Seoul, KOR
Lotte Chemical Corp is one of the largest chemical companies in Asia. It manufactures a variety of chemicals which include polyethylene, polypropylene, functional resin, ethylene oxide/ethylene glycol, butadiene, benzene, and Toluene. Its products are used in various industry applications such as coating materials, automotive parts, and detergent.

Lotte Chemical (XKRX:011170) Headlines

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