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IEIT Systems Co (SZSE:000977) Net Margin % : 1.74% (As of Mar. 2024)


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What is IEIT Systems Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. IEIT Systems Co's Net Income for the three months ended in Mar. 2024 was ¥306 Mil. IEIT Systems Co's Revenue for the three months ended in Mar. 2024 was ¥17,607 Mil. Therefore, IEIT Systems Co's net margin for the quarter that ended in Mar. 2024 was 1.74%.

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

SZSE:000977' s Net Margin % Range Over the Past 10 Years
Min: 1.4   Med: 2.52   Max: 4.64
Current: 2.57


SZSE:000977's Net Margin % is ranked worse than
50.53% of 2464 companies
in the Hardware industry
Industry Median: 2.67 vs SZSE:000977: 2.57

IEIT Systems Co Net Margin % Historical Data

The historical data trend for IEIT Systems 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.

IEIT Systems Co Net Margin % Chart

IEIT Systems 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 1.80 2.33 2.99 3.00 2.71

IEIT Systems 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 1.96 0.91 1.98 5.61 1.74

Competitive Comparison of IEIT Systems Co's Net Margin %

For the Computer Hardware subindustry, IEIT Systems 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.


IEIT Systems Co's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, IEIT Systems Co's Net Margin % distribution charts can be found below:

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



IEIT Systems 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.

IEIT Systems 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 )
=1782.784/65866.588
=2.71 %

IEIT Systems 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 )
=306.459/17606.575
=1.74 %

* 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.


IEIT Systems Co  (SZSE:000977) 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.


IEIT Systems Co Net Margin % Related Terms

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IEIT Systems Co (SZSE:000977) Business Description

Traded in Other Exchanges
N/A
Address
1036 Langchao Road, Shandong Province, Jinan, CHN, 250101
IEIT Systems Co Ltd formerly Inspur Electronic Information Industry Co Ltd is a China-based cloud computing, big data service provider. It is engaged in providing cloud computing solutions and services at IaaS, PaaS and SaaS levels. Its products include rack servers, blade systems, mission-critical systems, storage devices, mainframe security products and others. The company assists customers to build platforms underpinned by cloud computing infrastructure and based on its information software for governments, enterprises, and industries, terminal products, and solutions, the company support governments, enterprises, and industries in cloud construction. The company ships its IT products and services internationally.

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