Huzhou Gas Co (HKSE:06661) Net Margin % : 4.46% (As of Dec. 2023)

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What is Huzhou Gas Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Huzhou Gas Co's Net Income for the six months ended in Dec. 2023 was HK$62 Mil. Huzhou Gas Co's Revenue for the six months ended in Dec. 2023 was HK$1,397 Mil. Therefore, Huzhou Gas Co's net margin for the quarter that ended in Dec. 2023 was 4.46%.

The historical rank and industry rank for Huzhou Gas Co's Net Margin % or its related term are showing as below:

HKSE:06661' s Net Margin % Range Over the Past 10 Years
Min: 4.04 Med: 5.82 Max: 10.24
Current: 4.55

HKSE:06661's Net Margin % is not ranked
in the Utilities - Regulated industry.
Industry Median: 7.97 vs HKSE:06661: 4.55

Huzhou Gas Co Net Margin % Historical Data

The historical data trend for Huzhou Gas Co's Net Margin % 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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Huzhou Gas Co Net Margin % Chart

Huzhou Gas Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

5.82

10.24

6.44

4.04

4.55

Huzhou Gas Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial			5.32	4.11	3.97	4.65	4.46

Competitive Comparison of Huzhou Gas Co's Net Margin %

For the Utilities - Regulated Gas subindustry, Huzhou Gas Co's Net Margin %, along with its competitors' market caps and Net Margin % 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.

Huzhou Gas Co's Net Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Huzhou Gas Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Huzhou Gas Co's Net Margin % falls into.

Huzhou Gas Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Huzhou Gas Co's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	121.231	/	2663.972
	=	4.55 %

Huzhou Gas Co's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	62.29	/	1396.762
	=	4.46 %

Huzhou Gas Co (HKSE:06661) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Huzhou Gas Co Net Margin % Related Terms

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Huzhou Gas Co (HKSE:06661) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Huzhou Gas Co Ltd (HKSE:06661) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

227 Sizhong Road, Zhejiang Province, Huzhou, CHN

Website

https://www.hzrqgf.com

Huzhou Gas Co Ltd is the largest piped natural gas distributor. The principal business of the company comprises of sale of gas, mainly PNG under the Concessions; provision of construction and installation services to construct and install end-user pipeline network and gas facilities for customers such as property developers and owners or occupants of residential and non-residential properties; and others, including sale of household gas appliances.

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