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New Dazheng Property Group Co (SZSE:002968) Net Margin % : 4.55% (As of Mar. 2024)


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What is New Dazheng Property Group Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. New Dazheng Property Group Co's Net Income for the three months ended in Mar. 2024 was ¥39 Mil. New Dazheng Property Group Co's Revenue for the three months ended in Mar. 2024 was ¥867 Mil. Therefore, New Dazheng Property Group Co's net margin for the quarter that ended in Mar. 2024 was 4.55%.

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

SZSE:002968' s Net Margin % Range Over the Past 10 Years
Min: 4.36   Med: 9.21   Max: 9.95
Current: 4.66


SZSE:002968's Net Margin % is ranked worse than
52.35% of 1788 companies
in the Real Estate industry
Industry Median: 5.835 vs SZSE:002968: 4.66

New Dazheng Property Group Co Net Margin % Historical Data

The historical data trend for New Dazheng Property Group 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 Dazheng Property Group Co Net Margin % Chart

New Dazheng Property Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only 9.91 9.95 7.95 7.15 5.12

New Dazheng Property Group 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 6.54 5.18 4.89 4.06 4.55

Competitive Comparison of New Dazheng Property Group Co's Net Margin %

For the Real Estate Services subindustry, New Dazheng Property Group 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 Dazheng Property Group Co's Net Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, New Dazheng Property Group Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where New Dazheng Property Group Co's Net Margin % falls into.



New Dazheng Property Group 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 Dazheng Property Group 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 )
=160.128/3126.91
=5.12 %

New Dazheng Property Group 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 )
=39.405/866.795
=4.55 %

* 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 Dazheng Property Group Co  (SZSE:002968) 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 Dazheng Property Group Co Net Margin % Related Terms

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New Dazheng Property Group Co (SZSE:002968) Business Description

Traded in Other Exchanges
N/A
Address
19th floor, No. 9 Shangqingsi Road, Yuzhong District, Chongqing, CHN
Chongqing new dazheng property group Co Ltd is engaged in management and operation of public buildings and facilities in China. Its portfolio includes public parks, medical care, parks, stadiums, subways, airports, government agencies, office buildings, schools, residences, shopping malls, among others.
Executives
Gao Wen Tian Executives
Liu Wen Bo Directors, executives
Weng Jia Lin Secretary Dong
Tian Wei Zheng Executives
Yang Tan Executives
Xiong Shu Ying Director
Ke Xian Yang Executives
Wang Ping Executives
He Xiao Mei Executives
Kuang Chuan Executives

New Dazheng Property Group Co (SZSE:002968) Headlines

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