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Harbin Boshi Automation Co (SZSE:002698) Net Margin % : 15.96% (As of Mar. 2024)


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What is Harbin Boshi Automation Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Harbin Boshi Automation Co's Net Income for the three months ended in Mar. 2024 was ¥106 Mil. Harbin Boshi Automation Co's Revenue for the three months ended in Mar. 2024 was ¥662 Mil. Therefore, Harbin Boshi Automation Co's net margin for the quarter that ended in Mar. 2024 was 15.96%.

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

SZSE:002698' s Net Margin % Range Over the Past 10 Years
Min: 16.44   Med: 20.92   Max: 30.83
Current: 17.18


SZSE:002698's Net Margin % is ranked better than
89.88% of 2973 companies
in the Industrial Products industry
Industry Median: 5.12 vs SZSE:002698: 17.18

Harbin Boshi Automation Co Net Margin % Historical Data

The historical data trend for Harbin Boshi Automation 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.

Harbin Boshi Automation Co Net Margin % Chart

Harbin Boshi Automation 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 21.04 22.18 23.21 20.66 20.80

Harbin Boshi Automation 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 28.81 18.99 16.72 16.98 15.96

Competitive Comparison of Harbin Boshi Automation Co's Net Margin %

For the Specialty Industrial Machinery subindustry, Harbin Boshi Automation 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.


Harbin Boshi Automation Co's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Harbin Boshi Automation Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Harbin Boshi Automation Co's Net Margin % falls into.



Harbin Boshi Automation 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.

Harbin Boshi Automation 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 )
=533.591/2565.409
=20.80 %

Harbin Boshi Automation 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 )
=105.613/661.556
=15.96 %

* 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.


Harbin Boshi Automation Co  (SZSE:002698) 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.


Harbin Boshi Automation Co Net Margin % Related Terms

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Harbin Boshi Automation Co (SZSE:002698) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Donghu Street, Yingbin Road Concentration Zone, Harbin Development Zone, Heilongjiang Province, Harbin, CHN, 150078
Harbin Boshi Automation Co Ltd is engaged in manufacturing robots, and automated equipment and system solutions in China. The company's main products and services include industrial robots, automated equipment and system solutions, and provide related value-added services. The products are mainly used in the post-processing of solid materials in petrochemical, coal chemical, salt chemical, fine chemical, fertilizer, metallurgy, logistics, food, feed and other industries.

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