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China Automotive Engineering Research Institute Co (SHSE:601965) Net Margin % : 19.03% (As of Mar. 2024)


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What is China Automotive Engineering Research Institute Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. China Automotive Engineering Research Institute Co's Net Income for the three months ended in Mar. 2024 was ¥164 Mil. China Automotive Engineering Research Institute Co's Revenue for the three months ended in Mar. 2024 was ¥861 Mil. Therefore, China Automotive Engineering Research Institute Co's net margin for the quarter that ended in Mar. 2024 was 19.03%.

The historical rank and industry rank for China Automotive Engineering Research Institute Co's Net Margin % or its related term are showing as below:

SHSE:601965' s Net Margin % Range Over the Past 10 Years
Min: 14.62   Med: 19.3   Max: 26.35
Current: 20.35


SHSE:601965's Net Margin % is ranked better than
96.34% of 1283 companies
in the Vehicles & Parts industry
Industry Median: 3.31 vs SHSE:601965: 20.35

China Automotive Engineering Research Institute Co Net Margin % Historical Data

The historical data trend for China Automotive Engineering Research Institute 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.

China Automotive Engineering Research Institute Co Net Margin % Chart

China Automotive Engineering Research Institute 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 16.95 16.34 18.04 20.94 20.60

China Automotive Engineering Research Institute 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 20.12 21.25 24.49 18.13 19.03

Competitive Comparison of China Automotive Engineering Research Institute Co's Net Margin %

For the Auto Manufacturers subindustry, China Automotive Engineering Research Institute 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.


China Automotive Engineering Research Institute Co's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Automotive Engineering Research Institute Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where China Automotive Engineering Research Institute Co's Net Margin % falls into.



China Automotive Engineering Research Institute 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.

China Automotive Engineering Research Institute 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 )
=825.223/4006.619
=20.60 %

China Automotive Engineering Research Institute 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 )
=163.947/861.386
=19.03 %

* 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.


China Automotive Engineering Research Institute Co  (SHSE:601965) 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.


China Automotive Engineering Research Institute Co Net Margin % Related Terms

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China Automotive Engineering Research Institute Co (SHSE:601965) Business Description

Traded in Other Exchanges
N/A
Address
No.9, Jin Yu Avenue, North District, Economic Development Zone, Chongqing, CHN
China Automotive Engineering Research Institute Co Ltd is an automobile company based in China. It is mainly engaged in the technical service for automobile and manufacturing operations of automobile including the development of various products, the technical consulting, test and the quality inspection and authentication. In addition, the company is specialized in research and development, manufacturing and marketing of special vehicles, with main products involving 5 types and 200-odd models including engineering dump trucks, concrete mixers, sanitation vehicles, logistics transport vehicles and integration vehicles.

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