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Shengtak New Material Co (SZSE:300881) Gross-Profit-to-Asset % : 15.50% (As of Jun. 2024)


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What is Shengtak New Material 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. Shengtak New Material Co's annualized Gross Profit for the quarter that ended in Jun. 2024 was ¥465 Mil. Shengtak New Material Co's average Total Assets over the quarter that ended in Jun. 2024 was ¥2,997 Mil. Therefore, Shengtak New Material Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 15.50%.


Shengtak New Material Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Shengtak New Material 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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Shengtak New Material Co Gross-Profit-to-Asset % Chart

Shengtak New Material Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.26 10.89 9.30 10.01 12.60

Shengtak New Material Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 14.84 11.75 18.81 16.30 15.50

Competitive Comparison of Shengtak New Material Co's Gross-Profit-to-Asset %

For the Steel subindustry, Shengtak New Material 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.


Shengtak New Material Co's Gross-Profit-to-Asset % Distribution in the Steel Industry

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

* The bar in red indicates where Shengtak New Material Co's Gross-Profit-to-Asset % falls into.



Shengtak New Material Co Gross-Profit-to-Asset % Calculation

Shengtak New Material 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 )
=279.082/( (1595.951+2832.853)/ 2 )
=279.082/2214.402
=12.60 %

Shengtak New Material Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=464.628/( (2875.514+3119.044)/ 2 )
=464.628/2997.279
=15.50 %

* 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 (Jun. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Shengtak New Material Co Business Description

Traded in Other Exchanges
N/A
Address
west of the industrial park district towns, Jiangsu Province, Changzhou, CHN, 213144
Shengtak New Material Co Ltd is a manufacturer of high-end seamless tubes of carbon steel, alloy steel & stainless steel. The company manufactures rifled seamless alloy steel tubes and seamless stainless steel tubes for high-pressure boilers, petroleum cracking & fertilizer equipment, and automotive industries in China.

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