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Shandong Jinjing Science & Technology Stock Co (SHSE:600586) Net Margin % : 9.60% (As of Mar. 2024)


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What is Shandong Jinjing Science & Technology Stock Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Shandong Jinjing Science & Technology Stock Co's Net Income for the three months ended in Mar. 2024 was ¥170 Mil. Shandong Jinjing Science & Technology Stock Co's Revenue for the three months ended in Mar. 2024 was ¥1,775 Mil. Therefore, Shandong Jinjing Science & Technology Stock Co's net margin for the quarter that ended in Mar. 2024 was 9.60%.

The historical rank and industry rank for Shandong Jinjing Science & Technology Stock Co's Net Margin % or its related term are showing as below:

SHSE:600586' s Net Margin % Range Over the Past 10 Years
Min: -5.59   Med: 2.6   Max: 18.89
Current: 6.94


SHSE:600586's Net Margin % is ranked better than
64.97% of 1533 companies
in the Chemicals industry
Industry Median: 4.1 vs SHSE:600586: 6.94

Shandong Jinjing Science & Technology Stock Co Net Margin % Historical Data

The historical data trend for Shandong Jinjing Science & Technology Stock 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.

Shandong Jinjing Science & Technology Stock Co Net Margin % Chart

Shandong Jinjing Science & Technology Stock 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 1.87 6.78 18.89 4.77 5.79

Shandong Jinjing Science & Technology Stock 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 4.61 9.57 7.73 1.81 9.60

Competitive Comparison of Shandong Jinjing Science & Technology Stock Co's Net Margin %

For the Specialty Chemicals subindustry, Shandong Jinjing Science & Technology Stock 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.


Shandong Jinjing Science & Technology Stock Co's Net Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Jinjing Science & Technology Stock Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Shandong Jinjing Science & Technology Stock Co's Net Margin % falls into.



Shandong Jinjing Science & Technology Stock 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.

Shandong Jinjing Science & Technology Stock 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 )
=461.826/7969.707
=5.79 %

Shandong Jinjing Science & Technology Stock 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 )
=170.473/1774.927
=9.60 %

* 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.


Shandong Jinjing Science & Technology Stock Co  (SHSE:600586) 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.


Shandong Jinjing Science & Technology Stock Co Net Margin % Related Terms

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Shandong Jinjing Science & Technology Stock Co (SHSE:600586) Business Description

Traded in Other Exchanges
N/A
Address
Wangzhuang, Baoshi Town, New and High-Technology Development Zone, Zibo, Shandong, CHN, 255086
Shandong Jinjing Science & Technology Stock Co Ltd manufacturers of float glass in China. It provides clear float glass; low iron glass; tempered glass; solar glass; laminated glass; silver mirror; bronze glass; grey glass; ocean blue glass; reflective glass; patterned glass; automotive glass.
Executives
Ji Ya Lin senior management

Shandong Jinjing Science & Technology Stock Co (SHSE:600586) Headlines

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