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CETC Digital Technology Co (SHSE:600850) Net Margin % : 2.38% (As of Mar. 2024)


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What is CETC Digital Technology Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. CETC Digital Technology Co's Net Income for the three months ended in Mar. 2024 was ¥47 Mil. CETC Digital Technology Co's Revenue for the three months ended in Mar. 2024 was ¥1,994 Mil. Therefore, CETC Digital Technology Co's net margin for the quarter that ended in Mar. 2024 was 2.38%.

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

SHSE:600850' s Net Margin % Range Over the Past 10 Years
Min: 3.91   Med: 4.36   Max: 5.28
Current: 4.97


SHSE:600850's Net Margin % is ranked better than
62.27% of 2762 companies
in the Software industry
Industry Median: 1.695 vs SHSE:600850: 4.97

CETC Digital Technology Co Net Margin % Historical Data

The historical data trend for CETC Digital Technology 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.

CETC Digital Technology Co Net Margin % Chart

CETC Digital Technology 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 4.13 3.91 4.20 5.28 4.97

CETC Digital Technology 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 2.36 3.72 5.48 7.13 2.38

Competitive Comparison of CETC Digital Technology Co's Net Margin %

For the Software - Infrastructure subindustry, CETC Digital Technology 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.


CETC Digital Technology Co's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, CETC Digital Technology Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where CETC Digital Technology Co's Net Margin % falls into.



CETC Digital Technology 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.

CETC Digital Technology 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 )
=497.037/10000.885
=4.97 %

CETC Digital Technology 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 )
=47.389/1994.277
=2.38 %

* 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.


CETC Digital Technology Co  (SHSE:600850) 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.


CETC Digital Technology Co Net Margin % Related Terms

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CETC Digital Technology Co (SHSE:600850) Business Description

Traded in Other Exchanges
N/A
Address
1485 Jialuo Road, 6th Floor, Building 43, Jiading District, Shanghai, CHN, 200233
CETC Digital Technology Co Ltd is engaged in the development of information systems and software engineering in China. It is also involved in the design, installation, and construction of computer hardware, communication equipment, electronics, integrated system equipment systems integration, network engineering, software engineering and electronic engineering. Its product and services include Data Center Product Solution, Cloud product solutions, and Cloud service management. The company distributes its products within domestic and overseas markets.

CETC Digital Technology Co (SHSE:600850) Headlines

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