GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiangsu Changhai Composite Materials Co Ltd (SZSE:300196) » Definitions » Net Margin %

Jiangsu Changhai Composite Materials Co (SZSE:300196) Net Margin % : 8.74% (As of Mar. 2024)


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

What is Jiangsu Changhai Composite Materials Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Jiangsu Changhai Composite Materials Co's Net Income for the three months ended in Mar. 2024 was ¥51 Mil. Jiangsu Changhai Composite Materials Co's Revenue for the three months ended in Mar. 2024 was ¥581 Mil. Therefore, Jiangsu Changhai Composite Materials Co's net margin for the quarter that ended in Mar. 2024 was 8.74%.

The historical rank and industry rank for Jiangsu Changhai Composite Materials Co's Net Margin % or its related term are showing as below:

SZSE:300196' s Net Margin % Range Over the Past 10 Years
Min: 9.96   Med: 13.23   Max: 27.09
Current: 10.27


SZSE:300196's Net Margin % is ranked better than
77.04% of 1533 companies
in the Chemicals industry
Industry Median: 4.1 vs SZSE:300196: 10.27

Jiangsu Changhai Composite Materials Co Net Margin % Historical Data

The historical data trend for Jiangsu Changhai Composite Materials 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 Changhai Composite Materials Co Net Margin % Chart

Jiangsu Changhai Composite Materials 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 13.10 13.25 22.84 27.09 11.36

Jiangsu Changhai Composite Materials 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 13.49 18.34 11.38 1.32 8.74

Competitive Comparison of Jiangsu Changhai Composite Materials Co's Net Margin %

For the Chemicals subindustry, Jiangsu Changhai Composite Materials 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 Changhai Composite Materials Co's Net Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Changhai Composite Materials Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Jiangsu Changhai Composite Materials Co's Net Margin % falls into.



Jiangsu Changhai Composite Materials 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 Changhai Composite Materials 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 )
=296.084/2606.951
=11.36 %

Jiangsu Changhai Composite Materials 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 )
=50.794/580.956
=8.74 %

* 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 Changhai Composite Materials Co  (SZSE:300196) 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 Changhai Composite Materials Co Net Margin % Related Terms

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


Jiangsu Changhai Composite Materials Co (SZSE:300196) Business Description

Traded in Other Exchanges
N/A
Address
Changzhou, Changzhou, CHN, 213102
Jiangsu Changhai Composite Materials Co Ltd is engaged in the scientific research, product development, production, sales and service of fiberglass-based composite materials. Its product lines include fiberglass reinforcements, non-woven fiberglass tissues, and gypsum wallboard coverings, covering all kinds of fiberglass roving, chopped strand mat, woven roving, fiberglass mesh, roofing tissue, surfacing veil, flooring tissue, pipe tissue, carpet tile tissue, battery separator, and gypsum wallboard coverings.
Executives
Qi Ji Xing Directors, executives
Zhou Yuan Long Directors, executives
Yang Guo Wen Director
Shao Jun Director
Yang Peng Wei Directors, executives
Yang Feng Qin Director
Xu Yao Xin Supervisors
Zhang Zhong Supervisors

Jiangsu Changhai Composite Materials Co (SZSE:300196) Headlines

No Headlines