GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SMS Electric Co Ltd Zhengzhou (SZSE:002857) » Definitions » Net Margin %

SMS Electric Co Zhengzhou (SZSE:002857) Net Margin % : -6.22% (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is SMS Electric Co Zhengzhou Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. SMS Electric Co Zhengzhou's Net Income for the three months ended in Mar. 2024 was ¥-3.3 Mil. SMS Electric Co Zhengzhou's Revenue for the three months ended in Mar. 2024 was ¥53.8 Mil. Therefore, SMS Electric Co Zhengzhou's net margin for the quarter that ended in Mar. 2024 was -6.22%.

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

SZSE:002857' s Net Margin % Range Over the Past 10 Years
Min: 1.59   Med: 13.93   Max: 19.96
Current: 1.59


SZSE:002857's Net Margin % is ranked worse than
56.67% of 2465 companies
in the Hardware industry
Industry Median: 2.7 vs SZSE:002857: 1.59

SMS Electric Co Zhengzhou Net Margin % Historical Data

The historical data trend for SMS Electric Co Zhengzhou'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.

SMS Electric Co Zhengzhou Net Margin % Chart

SMS Electric Co Zhengzhou 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 11.96 11.06 8.89 6.63 1.81

SMS Electric Co Zhengzhou 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 -9.37 -3.59 -1.94 7.46 -6.22

Competitive Comparison of SMS Electric Co Zhengzhou's Net Margin %

For the Scientific & Technical Instruments subindustry, SMS Electric Co Zhengzhou'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.


SMS Electric Co Zhengzhou's Net Margin % Distribution in the Hardware Industry

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

* The bar in red indicates where SMS Electric Co Zhengzhou's Net Margin % falls into.



SMS Electric Co Zhengzhou 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.

SMS Electric Co Zhengzhou'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 )
=5.911/326.157
=1.81 %

SMS Electric Co Zhengzhou'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 )
=-3.345/53.806
=-6.22 %

* 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.


SMS Electric Co Zhengzhou  (SZSE:002857) 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.


SMS Electric Co Zhengzhou Net Margin % Related Terms

Thank you for viewing the detailed overview of SMS Electric Co Zhengzhou's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


SMS Electric Co Zhengzhou (SZSE:002857) Business Description

Traded in Other Exchanges
N/A
Address
SMS Industrial Park at No. 85 Fifth Avenue, Economic and Technical Development Zone, Zhengzhou, CHN, 450016
SMS Electric Co Ltd Zhengzhou is engaged in the research, design, producing and sale of electricity metering instrument in China. It offers testing automation products, energy meter terminals, standard test devices, portable meter test systems, simulation equipment, and transformers.
Executives
Yu Yi Zhou Directors, executives
Wang Hong Directors, executives

SMS Electric Co Zhengzhou (SZSE:002857) Headlines

No Headlines