GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Grandit Co Ltd (SHSE:688549) » Definitions » Net Margin %

Grandit Co (SHSE:688549) Net Margin % : 3.25% (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Grandit Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Grandit Co's Net Income for the three months ended in Mar. 2024 was ¥7.6 Mil. Grandit Co's Revenue for the three months ended in Mar. 2024 was ¥233.6 Mil. Therefore, Grandit Co's net margin for the quarter that ended in Mar. 2024 was 3.25%.

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

SHSE:688549' s Net Margin % Range Over the Past 10 Years
Min: -9.67   Med: 1.43   Max: 6.17
Current: 2.44


SHSE:688549's Net Margin % is ranked worse than
61.97% of 1533 companies
in the Chemicals industry
Industry Median: 4.1 vs SHSE:688549: 2.44

Grandit Co Net Margin % Historical Data

The historical data trend for Grandit 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.

Grandit Co Net Margin % Chart

Grandit Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial -1.87 6.17 5.89 1.32 1.53

Grandit Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 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 -0.61 9.70 3.92 -5.93 3.25

Competitive Comparison of Grandit Co's Net Margin %

For the Specialty Chemicals subindustry, Grandit 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.


Grandit Co's Net Margin % Distribution in the Chemicals Industry

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

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



Grandit 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.

Grandit 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 )
=13.696/894.016
=1.53 %

Grandit 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 )
=7.583/233.647
=3.25 %

* 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.


Grandit Co  (SHSE:688549) 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.


Grandit Co Net Margin % Related Terms

Thank you for viewing the detailed overview of Grandit Co's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Grandit Co (SHSE:688549) Business Description

Traded in Other Exchanges
N/A
Address
Southeast Times City, Room 857, Building 3, Zhejiang, Quzhou, CHN, 324004
Grandit Co Ltd focuses on the research & development, production and sales of electronic chemical materials required by the semiconductor industry such as integrated circuits and display panels. The company's business has covered three major business segments: electronic wet chemicals, electronic specialty gases and precursor materials.

Grandit Co (SHSE:688549) Headlines

No Headlines