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Inner Mongolia ERDOS Resources Co (SHSE:600295) Net Margin % : 5.17% (As of Mar. 2024)


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What is Inner Mongolia ERDOS Resources Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Inner Mongolia ERDOS Resources Co's Net Income for the three months ended in Mar. 2024 was ¥347 Mil. Inner Mongolia ERDOS Resources Co's Revenue for the three months ended in Mar. 2024 was ¥6,701 Mil. Therefore, Inner Mongolia ERDOS Resources Co's net margin for the quarter that ended in Mar. 2024 was 5.17%.

The historical rank and industry rank for Inner Mongolia ERDOS Resources Co's Net Margin % or its related term are showing as below:

SHSE:600295' s Net Margin % Range Over the Past 10 Years
Min: 1.6   Med: 4.86   Max: 16.7
Current: 7.57


SHSE:600295's Net Margin % is ranked better than
74.95% of 1042 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.605 vs SHSE:600295: 7.57

Inner Mongolia ERDOS Resources Co Net Margin % Historical Data

The historical data trend for Inner Mongolia ERDOS Resources 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.

* Premium members only.

Inner Mongolia ERDOS Resources Co Net Margin % Chart

Inner Mongolia ERDOS Resources Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.85 6.60 16.70 12.98 9.50

Inner Mongolia ERDOS Resources Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % 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 13.29 9.27 11.94 4.35 5.17

Competitive Comparison of Inner Mongolia ERDOS Resources Co's Net Margin %

For the Textile Manufacturing subindustry, Inner Mongolia ERDOS Resources 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.


Inner Mongolia ERDOS Resources Co's Net Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Inner Mongolia ERDOS Resources Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Inner Mongolia ERDOS Resources Co's Net Margin % falls into.



Inner Mongolia ERDOS Resources 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.

Inner Mongolia ERDOS Resources 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 )
=2903.682/30553.63
=9.50 %

Inner Mongolia ERDOS Resources Co's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=346.585/6700.909
=5.17 %

* 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.


Inner Mongolia ERDOS Resources Co  (SHSE:600295) 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.


Inner Mongolia ERDOS Resources Co Net Margin % Related Terms

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Inner Mongolia ERDOS Resources Co (SHSE:600295) Business Description

Traded in Other Exchanges
Address
No.1, Hantai Light Textile Street, Dongsheng District, Inner Mongolia Autonomous Region, Erdos City, CHN, 017000
Inner Mongolia ERDOS Resources Co Ltd operates in the textile and garment industry. The company is mainly engaged in the cashmere clothing production. In addition, the company is also engaged in coal mining, power generation, silicon ferroalloy, chlor-alkali chemicals, fertilizers, polysilicon and other products processing and sales. Its product range consists of a cashmere sweater and other cashmere products, ferrosilicon, Si-Mn alloy, coal, calcium carbide, and polyvinyl chloride resin.

Inner Mongolia ERDOS Resources Co (SHSE:600295) Headlines

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