JiaXing Gas Group Co (HKSE:09908) Net Margin % : 4.58% (As of Dec. 2023)

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What is JiaXing Gas Group Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. JiaXing Gas Group Co's Net Income for the six months ended in Dec. 2023 was HK$87 Mil. JiaXing Gas Group Co's Revenue for the six months ended in Dec. 2023 was HK$1,901 Mil. Therefore, JiaXing Gas Group Co's net margin for the quarter that ended in Dec. 2023 was 4.58%.

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

HKSE:09908' s Net Margin % Range Over the Past 10 Years
Min: 2 Med: 6.53 Max: 8.08
Current: 8.08

HKSE:09908's Net Margin % is ranked better than
50.78% of 512 companies
in the Utilities - Regulated industry
Industry Median: 7.955 vs HKSE:09908: 8.08

JiaXing Gas Group Co Net Margin % Historical Data

The historical data trend for JiaXing Gas Group 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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JiaXing Gas Group Co Net Margin % Chart

JiaXing Gas Group Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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6.53

7.26

5.46

2.00

8.08

JiaXing Gas Group Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial							4.41	2.19	1.89	13.08	4.58

Competitive Comparison of JiaXing Gas Group Co's Net Margin %

For the Utilities - Regulated Gas subindustry, JiaXing Gas Group 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.

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

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

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

JiaXing Gas Group 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.

JiaXing Gas Group 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 )
	=	261.418	/	3233.739
	=	8.08 %

JiaXing Gas Group 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 )
	=	87.176	/	1901.401
	=	4.58 %

JiaXing Gas Group Co (HKSE:09908) 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.

JiaXing Gas Group Co Net Margin % Related Terms

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JiaXing Gas Group Co (HKSE:09908) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » JiaXing Gas Group Co Ltd (HKSE:09908) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5th Floor, Building 3, Hualong Plaza,No. 32 Qinyi Road, Economic and Technological Development Zone, Zhejiang Province, Jiaxing, CHN

Website

http://www.jxrqgs.com

JiaXing Gas Group Co Ltd is a piped natural gas (PNG) operator in Jiaxing. The company engages in sales of gas, PNG in Jiaxing, LNG and LPG; construction and installation services to construct and install end-user pipeline network and gas facilities; and provision of natural gas transportation services, sales of vapour and construction materials, and leasing of properties. Its customers include residential and non-residential users, property developers and owners or occupants of residential and non-residential properties.

JiaXing Gas Group Co (HKSE:09908) Headlines

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