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Sunrise Manufacture Group Co (SHSE:605138) Net Margin % : 0.68% (As of Mar. 2024)


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What is Sunrise Manufacture Group Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Sunrise Manufacture Group Co's Net Income for the three months ended in Mar. 2024 was ¥7 Mil. Sunrise Manufacture Group Co's Revenue for the three months ended in Mar. 2024 was ¥1,004 Mil. Therefore, Sunrise Manufacture Group Co's net margin for the quarter that ended in Mar. 2024 was 0.68%.

The historical rank and industry rank for Sunrise Manufacture Group Co's Net Margin % or its related term are showing as below:

SHSE:605138' s Net Margin % Range Over the Past 10 Years
Min: 1.26   Med: 4.83   Max: 6.3
Current: 1.26


SHSE:605138's Net Margin % is ranked worse than
59.12% of 1047 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.53 vs SHSE:605138: 1.26

Sunrise Manufacture Group Co Net Margin % Historical Data

The historical data trend for Sunrise Manufacture Group 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.

Sunrise Manufacture Group Co Net Margin % Chart

Sunrise Manufacture Group Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 4.83 6.23 5.65 6.30 2.24

Sunrise Manufacture Group Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 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 4.31 5.56 0.21 -2.20 0.68

Competitive Comparison of Sunrise Manufacture Group Co's Net Margin %

For the Textile Manufacturing subindustry, Sunrise Manufacture Group 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.


Sunrise Manufacture Group Co's Net Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sunrise Manufacture Group Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Sunrise Manufacture Group Co's Net Margin % falls into.



Sunrise Manufacture Group 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.

Sunrise Manufacture Group 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 )
=104.374/4651.127
=2.24 %

Sunrise Manufacture Group 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 )
=6.788/1003.909
=0.68 %

* 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.


Sunrise Manufacture Group Co  (SHSE:605138) 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.


Sunrise Manufacture Group Co Net Margin % Related Terms

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Sunrise Manufacture Group Co (SHSE:605138) Business Description

Traded in Other Exchanges
N/A
Address
Shengzhou Economic Development Zone, Chengdong District, Zhejiang Province, Shengzhou, CHN, 312400
Sunrise Manufacture Group Co Ltd, formerly Zhejiang Sunrise Garment Group Co Ltd is engaged in the production and sales of textile fabrics and garments.

Sunrise Manufacture Group Co (SHSE:605138) Headlines

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