GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Baimtec Material Co Ltd (SHSE:688563) » Definitions » Net Margin %

Baimtec Material Co (SHSE:688563) Net Margin % : 21.83% (As of Mar. 2024)


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

What is Baimtec Material Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Baimtec Material Co's Net Income for the three months ended in Mar. 2024 was ¥148 Mil. Baimtec Material Co's Revenue for the three months ended in Mar. 2024 was ¥679 Mil. Therefore, Baimtec Material Co's net margin for the quarter that ended in Mar. 2024 was 21.83%.

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

SHSE:688563' s Net Margin % Range Over the Past 10 Years
Min: 18.95   Med: 19.49   Max: 25.1
Current: 20.81


SHSE:688563's Net Margin % is ranked better than
90.85% of 306 companies
in the Aerospace & Defense industry
Industry Median: 4.64 vs SHSE:688563: 20.81

Baimtec Material Co Net Margin % Historical Data

The historical data trend for Baimtec Material 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.

Baimtec Material Co Net Margin % Chart

Baimtec Material Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
25.10 19.49 19.27 18.95 20.56

Baimtec Material Co Quarterly Data
Dec19 Dec20 Mar21 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 20.77 23.77 23.62 12.06 21.83

Competitive Comparison of Baimtec Material Co's Net Margin %

For the Aerospace & Defense subindustry, Baimtec Material 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.


Baimtec Material Co's Net Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Baimtec Material Co's Net Margin % distribution charts can be found below:

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



Baimtec Material 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.

Baimtec Material 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 )
=576.214/2802.656
=20.56 %

Baimtec Material 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 )
=148.12/678.614
=21.83 %

* 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.


Baimtec Material Co  (SHSE:688563) 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.


Baimtec Material Co Net Margin % Related Terms

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


Baimtec Material Co (SHSE:688563) Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Yongxiang North Road, Yongfeng High-tech Industrial Base, Haidian, Beijing, CHN, 100094
Baimtec Material Co Ltd is committed to the research, development, manufacture and sales of a series of high-tech products based on aviation new materials, new processes and new technologies. The company's main products cover titanium alloy precision castings, high-temperature alloy master alloys, aircraft windshields, hatch covers, transparent parts and components of observation windows, aerospace rubber, sealants, adhesives, elastic components, etc. in the aerospace and other fields.
Executives
Wu Song Hua Core technical personnel

Baimtec Material Co (SHSE:688563) Headlines

No Headlines