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Lihuayi Weiyuan Chemical Co (SHSE:600955) Net Margin % : 0.89% (As of Mar. 2024)


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What is Lihuayi Weiyuan Chemical Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Lihuayi Weiyuan Chemical Co's Net Income for the three months ended in Mar. 2024 was ¥19 Mil. Lihuayi Weiyuan Chemical Co's Revenue for the three months ended in Mar. 2024 was ¥2,140 Mil. Therefore, Lihuayi Weiyuan Chemical Co's net margin for the quarter that ended in Mar. 2024 was 0.89%.

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

SHSE:600955' s Net Margin % Range Over the Past 10 Years
Min: 1.22   Med: 5.98   Max: 22.31
Current: 1.22


SHSE:600955's Net Margin % is ranked worse than
68.58% of 1531 companies
in the Chemicals industry
Industry Median: 4.12 vs SHSE:600955: 1.22

Lihuayi Weiyuan Chemical Co Net Margin % Historical Data

The historical data trend for Lihuayi Weiyuan Chemical 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.

Lihuayi Weiyuan Chemical Co Net Margin % Chart

Lihuayi Weiyuan Chemical Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 5.32 16.30 22.31 7.79 1.40

Lihuayi Weiyuan Chemical Co Quarterly Data
Dec17 Dec18 Dec19 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 1.54 0.39 3.21 0.52 0.89

Competitive Comparison of Lihuayi Weiyuan Chemical Co's Net Margin %

For the Chemicals subindustry, Lihuayi Weiyuan Chemical 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.


Lihuayi Weiyuan Chemical Co's Net Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lihuayi Weiyuan Chemical Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Lihuayi Weiyuan Chemical Co's Net Margin % falls into.



Lihuayi Weiyuan Chemical 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.

Lihuayi Weiyuan Chemical 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 )
=98.615/7050.169
=1.40 %

Lihuayi Weiyuan Chemical 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 )
=19.089/2139.809
=0.89 %

* 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.


Lihuayi Weiyuan Chemical Co  (SHSE:600955) 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.


Lihuayi Weiyuan Chemical Co Net Margin % Related Terms

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Lihuayi Weiyuan Chemical Co (SHSE:600955) Business Description

Traded in Other Exchanges
N/A
Address
No. 208, Lishi Road, Lijin County, Shandong Province, Dongying, CHN, 257400
Lihuayi Weiyuan Chemical Co Ltd is engaged in the research and development, production and sales of new organic chemistry materials mainly include phenol, acetone, bisphenol A, polycarbonate and isopropanol.

Lihuayi Weiyuan Chemical Co (SHSE:600955) Headlines

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