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New Hope Dairy Co (SZSE:002946) Net Margin % : 3.43% (As of Mar. 2024)


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What is New Hope Dairy Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. New Hope Dairy Co's Net Income for the three months ended in Mar. 2024 was ¥90 Mil. New Hope Dairy Co's Revenue for the three months ended in Mar. 2024 was ¥2,614 Mil. Therefore, New Hope Dairy Co's net margin for the quarter that ended in Mar. 2024 was 3.43%.

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

SZSE:002946' s Net Margin % Range Over the Past 10 Years
Min: 1.67   Med: 3.97   Max: 7.72
Current: 4.15


SZSE:002946's Net Margin % is ranked better than
55.81% of 1860 companies
in the Consumer Packaged Goods industry
Industry Median: 3.305 vs SZSE:002946: 4.15

New Hope Dairy Co Net Margin % Historical Data

The historical data trend for New Hope Dairy 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.

New Hope Dairy Co Net Margin % Chart

New Hope Dairy 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 4.29 4.02 3.48 3.61 3.92

New Hope Dairy 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 2.42 6.32 4.98 1.79 3.43

Competitive Comparison of New Hope Dairy Co's Net Margin %

For the Packaged Foods subindustry, New Hope Dairy 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.


New Hope Dairy Co's Net Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, New Hope Dairy Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where New Hope Dairy Co's Net Margin % falls into.



New Hope Dairy 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.

New Hope Dairy 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 )
=430.826/10987.294
=3.92 %

New Hope Dairy 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 )
=89.748/2613.795
=3.43 %

* 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.


New Hope Dairy Co  (SZSE:002946) 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.


New Hope Dairy Co Net Margin % Related Terms

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New Hope Dairy Co (SZSE:002946) Business Description

Traded in Other Exchanges
N/A
Address
No.366 Jinshi Road, New Hope Zhongding International, No. 3, 18th Floor, Building 2, Jinjiang District, Sichuan, Chengdu, CHN, 610023
New Hope Dairy Co Ltd is a dairy products supplier in China. The company have 12 dairy enterprises in Southwest China, Eastern China and Northern China, including 4 national enterprises of agricultural industrialization and 8 provincial enterprises.
Executives
Lin Yong Yu Executives
Li Hong Mei Supervisors
Xi Gang Director
Zhu Chuan Directors, executives
Zhang Shuai Executives

New Hope Dairy Co (SZSE:002946) Headlines

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