GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Jiangsu Asia-Pacific Light Alloy Technology Co Ltd (SZSE:002540) » Definitions » Net Margin %

Jiangsu Asia-Pacific Light Alloy Technology Co (SZSE:002540) Net Margin % : 7.20% (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Jiangsu Asia-Pacific Light Alloy Technology Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Jiangsu Asia-Pacific Light Alloy Technology Co's Net Income for the three months ended in Mar. 2024 was ¥122 Mil. Jiangsu Asia-Pacific Light Alloy Technology Co's Revenue for the three months ended in Mar. 2024 was ¥1,699 Mil. Therefore, Jiangsu Asia-Pacific Light Alloy Technology Co's net margin for the quarter that ended in Mar. 2024 was 7.20%.

The historical rank and industry rank for Jiangsu Asia-Pacific Light Alloy Technology Co's Net Margin % or its related term are showing as below:

SZSE:002540' s Net Margin % Range Over the Past 10 Years
Min: 7.61   Med: 9.97   Max: 10.94
Current: 7.97


SZSE:002540's Net Margin % is ranked better than
74.62% of 859 companies
in the Metals & Mining industry
Industry Median: -0.03 vs SZSE:002540: 7.97

Jiangsu Asia-Pacific Light Alloy Technology Co Net Margin % Historical Data

The historical data trend for Jiangsu Asia-Pacific Light Alloy Technology 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.

Jiangsu Asia-Pacific Light Alloy Technology Co Net Margin % Chart

Jiangsu Asia-Pacific Light Alloy Technology 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 10.25 8.95 7.61 10.05 7.95

Jiangsu Asia-Pacific Light Alloy Technology 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 7.01 8.15 8.97 7.59 7.20

Competitive Comparison of Jiangsu Asia-Pacific Light Alloy Technology Co's Net Margin %

For the Aluminum subindustry, Jiangsu Asia-Pacific Light Alloy Technology 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.


Jiangsu Asia-Pacific Light Alloy Technology Co's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Jiangsu Asia-Pacific Light Alloy Technology Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Jiangsu Asia-Pacific Light Alloy Technology Co's Net Margin % falls into.



Jiangsu Asia-Pacific Light Alloy Technology 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.

Jiangsu Asia-Pacific Light Alloy Technology 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 )
=565.371/7110.689
=7.95 %

Jiangsu Asia-Pacific Light Alloy Technology 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 )
=122.22/1698.508
=7.20 %

* 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.


Jiangsu Asia-Pacific Light Alloy Technology Co  (SZSE:002540) 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.


Jiangsu Asia-Pacific Light Alloy Technology Co Net Margin % Related Terms

Thank you for viewing the detailed overview of Jiangsu Asia-Pacific Light Alloy Technology Co's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Jiangsu Asia-Pacific Light Alloy Technology Co (SZSE:002540) Business Description

Traded in Other Exchanges
N/A
Address
No.8, Fangxing Road, Wuxi New District, Wuxi, CHN, 214111
Jiangsu Asia-Pacific Light Alloy Technology Co Ltd manufactures and sells aluminum extrusion profiles and precision-drawn tubes for use in automotive, transportation, HVAC&R, industrial, seawater desalination, aerospace, solar, and other applications in China. The products provided by the company comprise of Precision tube, Micro-multiport extrusion tube, and Extrusion profile.

Jiangsu Asia-Pacific Light Alloy Technology Co (SZSE:002540) Headlines

No Headlines