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Shenzhen Sunrise New Energy Co (SZSE:002256) Net Margin % : 2.29% (As of Mar. 2024)


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What is Shenzhen Sunrise New Energy Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Shenzhen Sunrise New Energy Co's Net Income for the three months ended in Mar. 2024 was ¥1.5 Mil. Shenzhen Sunrise New Energy Co's Revenue for the three months ended in Mar. 2024 was ¥67.5 Mil. Therefore, Shenzhen Sunrise New Energy Co's net margin for the quarter that ended in Mar. 2024 was 2.29%.

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

SZSE:002256' s Net Margin % Range Over the Past 10 Years
Min: -146.19   Med: 0.23   Max: 23.48
Current: -5.61


SZSE:002256's Net Margin % is ranked worse than
84.45% of 1531 companies
in the Chemicals industry
Industry Median: 4.05 vs SZSE:002256: -5.61

Shenzhen Sunrise New Energy Co Net Margin % Historical Data

The historical data trend for Shenzhen Sunrise New Energy 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.

Shenzhen Sunrise New Energy Co Net Margin % Chart

Shenzhen Sunrise New Energy 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 -71.25 13.43 -146.19 -7.53 -25.62

Shenzhen Sunrise New Energy 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 -97.02 -65.29 -42.46 85.20 2.29

Competitive Comparison of Shenzhen Sunrise New Energy Co's Net Margin %

For the Chemicals subindustry, Shenzhen Sunrise New Energy 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.


Shenzhen Sunrise New Energy Co's Net Margin % Distribution in the Chemicals Industry

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

* The bar in red indicates where Shenzhen Sunrise New Energy Co's Net Margin % falls into.



Shenzhen Sunrise New Energy 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.

Shenzhen Sunrise New Energy 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 )
=-84.824/331.08
=-25.62 %

Shenzhen Sunrise New Energy 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 )
=1.547/67.531
=2.29 %

* 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.


Shenzhen Sunrise New Energy Co  (SZSE:002256) 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.


Shenzhen Sunrise New Energy Co Net Margin % Related Terms

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Shenzhen Sunrise New Energy Co (SZSE:002256) Business Description

Traded in Other Exchanges
N/A
Address
6th Floor, 11th Building, Kejizhong 2nd Road, Shenzhen Software Park Phase II, Hi-tech Industrial Park, Nanshan District, ShenZhen, CHN, 518057
Shenzhen Sunrise New Energy Co Ltd operates in the chemical raw materials and chemical manufacturing. The business of the company includes environmental protection coating, green household products, and environment car care products. The products of the company include spray paint, spray lubricants, motor engine care, car wax, car cleaner, complete car care, household care, industrial care, and wall paint.

Shenzhen Sunrise New Energy Co (SZSE:002256) Headlines

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