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Xinyaqiang Silicon Chemistry Co (SHSE:603155) Net Margin % : 17.64% (As of Mar. 2024)


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What is Xinyaqiang Silicon Chemistry Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Xinyaqiang Silicon Chemistry Co's Net Income for the three months ended in Mar. 2024 was ¥33.3 Mil. Xinyaqiang Silicon Chemistry Co's Revenue for the three months ended in Mar. 2024 was ¥188.6 Mil. Therefore, Xinyaqiang Silicon Chemistry Co's net margin for the quarter that ended in Mar. 2024 was 17.64%.

The historical rank and industry rank for Xinyaqiang Silicon Chemistry Co's Net Margin % or its related term are showing as below:

SHSE:603155' s Net Margin % Range Over the Past 10 Years
Min: 4.54   Med: 25.7   Max: 36.45
Current: 15.98


SHSE:603155's Net Margin % is ranked better than
89.41% of 1530 companies
in the Chemicals industry
Industry Median: 4.1 vs SHSE:603155: 15.98

Xinyaqiang Silicon Chemistry Co Net Margin % Historical Data

The historical data trend for Xinyaqiang Silicon Chemistry 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.

Xinyaqiang Silicon Chemistry Co Net Margin % Chart

Xinyaqiang Silicon Chemistry Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.45 32.09 36.30 26.62 18.28

Xinyaqiang Silicon Chemistry 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 24.21 28.48 13.31 1.63 17.64

Competitive Comparison of Xinyaqiang Silicon Chemistry Co's Net Margin %

For the Chemicals subindustry, Xinyaqiang Silicon Chemistry 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.


Xinyaqiang Silicon Chemistry Co's Net Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Xinyaqiang Silicon Chemistry Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Xinyaqiang Silicon Chemistry Co's Net Margin % falls into.



Xinyaqiang Silicon Chemistry 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.

Xinyaqiang Silicon Chemistry 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 )
=123.44/675.204
=18.28 %

Xinyaqiang Silicon Chemistry 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 )
=33.261/188.551
=17.64 %

* 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.


Xinyaqiang Silicon Chemistry Co  (SHSE:603155) 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.


Xinyaqiang Silicon Chemistry Co Net Margin % Related Terms

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Xinyaqiang Silicon Chemistry Co (SHSE:603155) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Yangzi Road, Suqian Ecological Chemical Technology Industrial Park, Jiangsu Province, Suqian, CHN, 223809
Xinyaqiang Silicon Chemistry Co Ltd is engaged in production and sales of organic silicon fine chemicals. The company's products include Iodotrimethylsilane, Chlorotrimethylsilane, Dimethoxydimethylsilane, Dichlorodimethylsilane, Trimethylethoxysilane, among others.
Executives
Pan Yi Ning senior management
Chu Ya Xian Director
Chu Lin Director
Chu Ya Jun Director

Xinyaqiang Silicon Chemistry Co (SHSE:603155) Headlines

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