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GRG Banking Equipment Co (SZSE:002152) Net Margin % : 12.32% (As of Mar. 2024)


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What is GRG Banking Equipment Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. GRG Banking Equipment Co's Net Income for the three months ended in Mar. 2024 was ¥247 Mil. GRG Banking Equipment Co's Revenue for the three months ended in Mar. 2024 was ¥2,006 Mil. Therefore, GRG Banking Equipment Co's net margin for the quarter that ended in Mar. 2024 was 12.32%.

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

SZSE:002152' s Net Margin % Range Over the Past 10 Years
Min: 10.32   Med: 12.22   Max: 25.62
Current: 10.32


SZSE:002152's Net Margin % is ranked better than
74.77% of 2977 companies
in the Industrial Products industry
Industry Median: 5.12 vs SZSE:002152: 10.32

GRG Banking Equipment Co Net Margin % Historical Data

The historical data trend for GRG Banking Equipment 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.

GRG Banking Equipment Co Net Margin % Chart

GRG Banking Equipment 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 11.67 10.93 12.15 11.02 10.80

GRG Banking Equipment 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 16.00 11.00 13.23 6.80 12.32

Competitive Comparison of GRG Banking Equipment Co's Net Margin %

For the Business Equipment & Supplies subindustry, GRG Banking Equipment 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.


GRG Banking Equipment Co's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, GRG Banking Equipment Co's Net Margin % distribution charts can be found below:

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



GRG Banking Equipment 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.

GRG Banking Equipment 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 )
=976.92/9043.275
=10.80 %

GRG Banking Equipment 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 )
=247.15/2006.26
=12.32 %

* 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.


GRG Banking Equipment Co  (SZSE:002152) 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.


GRG Banking Equipment Co Net Margin % Related Terms

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GRG Banking Equipment Co (SZSE:002152) Business Description

Traded in Other Exchanges
N/A
Address
No. 911, Colin Road, Science City, Hi-Tech Industrial Development Zone, Guangdong Province, Guangzhou, CHN, 510663
GRG Banking Equipment Co Ltd is engaged in the development and manufacturing of automated teller machines. Its business covers many more areas, such as smart transportation solution, public security with AI technologies like biometrics identification, image, and video analysis, and big data. Its products and services consist of a financial self-service solution such as retail solution and branch automation, cash sorting machine, OEM module, and terminal equipment.

GRG Banking Equipment Co (SZSE:002152) Headlines

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