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Corticeira Amorim SGPS (XLIS:COR) Gross-Profit-to-Asset % : 31.70% (As of Dec. 2023)


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What is Corticeira Amorim SGPS 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. Corticeira Amorim SGPS's annualized Gross Profit for the quarter that ended in Dec. 2023 was €460.3 Mil. Corticeira Amorim SGPS's average Total Assets over the quarter that ended in Dec. 2023 was €1,452.2 Mil. Therefore, Corticeira Amorim SGPS's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 31.70%.


Corticeira Amorim SGPS Gross-Profit-to-Asset % Historical Data

The historical data trend for Corticeira Amorim SGPS'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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Corticeira Amorim SGPS Gross-Profit-to-Asset % Chart

Corticeira Amorim SGPS 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 39.52 37.64 39.85 44.56 37.82

Corticeira Amorim SGPS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 34.42 41.81 41.14 31.67 31.70

Competitive Comparison of Corticeira Amorim SGPS's Gross-Profit-to-Asset %

For the Lumber & Wood Production subindustry, Corticeira Amorim SGPS'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.


Corticeira Amorim SGPS's Gross-Profit-to-Asset % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Corticeira Amorim SGPS's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Corticeira Amorim SGPS's Gross-Profit-to-Asset % falls into.



Corticeira Amorim SGPS Gross-Profit-to-Asset % Calculation

Corticeira Amorim SGPS'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 )
=507.633/( (1269.316+1415.225)/ 2 )
=507.633/1342.2705
=37.82 %

Corticeira Amorim SGPS'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: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=460.292/( (1489.124+1415.225)/ 2 )
=460.292/1452.1745
=31.70 %

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


Corticeira Amorim SGPS Gross-Profit-to-Asset % Related Terms

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Corticeira Amorim SGPS (XLIS:COR) Business Description

Traded in Other Exchanges
Address
No. 380, Rua Comendador Américo Ferreira de Amorim, Mozelos, PRT, 4536-902
Corticeira Amorim SGPS SA (Corticeira Amorim) is a holding company engaged in cork-related products. Group organizes its activities into five business divisions: Raw Materials, Cork Stoppers, Floor and wall Coverings, Cork Composites, and Insulation Cork. The company's products include stoppers for wine and other spirits, granulated cork, rubber cork, cork floorings and giftware. The business of the company is operated through Portugal, Spain, Tunisia, the United States, Australia, Germany, China, Italy, Argentina, France and Netherlands. The company derives majority of the revenue from European region.