Guangdong Kingstrong Technology Co (SZSE:300629) Net Margin % : 31.70% (As of Mar. 2024)

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What is Guangdong Kingstrong Technology Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Guangdong Kingstrong Technology Co's Net Income for the three months ended in Mar. 2024 was ¥41.5 Mil. Guangdong Kingstrong Technology Co's Revenue for the three months ended in Mar. 2024 was ¥130.8 Mil. Therefore, Guangdong Kingstrong Technology Co's net margin for the quarter that ended in Mar. 2024 was 31.70%.

The historical rank and industry rank for Guangdong Kingstrong Technology Co's Net Margin % or its related term are showing as below:

SZSE:300629' s Net Margin % Range Over the Past 10 Years
Min: -13 Med: 10.4 Max: 30.56
Current: 27.63

SZSE:300629's Net Margin % is ranked better than
96.91% of 2975 companies
in the Industrial Products industry
Industry Median: 5.21 vs SZSE:300629: 27.63

Guangdong Kingstrong Technology Co Net Margin % Historical Data

The historical data trend for Guangdong Kingstrong Technology 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.

Guangdong Kingstrong Technology Co Net Margin % Chart

Guangdong Kingstrong Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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-13.00

15.78

26.93

30.56

27.23

Guangdong Kingstrong Technology 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															30.45	31.33	25.82	21.32	31.70

Competitive Comparison of Guangdong Kingstrong Technology Co's Net Margin %

For the Metal Fabrication subindustry, Guangdong Kingstrong Technology 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.

Guangdong Kingstrong Technology Co's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangdong Kingstrong Technology Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Guangdong Kingstrong Technology Co's Net Margin % falls into.

Guangdong Kingstrong Technology 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.

Guangdong Kingstrong Technology 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 )
	=	139.192	/	511.092
	=	27.23 %

Guangdong Kingstrong Technology 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 )
	=	41.463	/	130.786
	=	31.70 %

Guangdong Kingstrong Technology Co (SZSE:300629) 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.

Guangdong Kingstrong Technology Co Net Margin % Related Terms

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Guangdong Kingstrong Technology Co (SZSE:300629) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangdong Kingstrong Technology Co Ltd (SZSE:300629) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Bo Jin Road, Wujin Industirial Zone, Danzao town, Office Building and Workshop, Nanhai district, Guangdong, Foshan, CHN, 528216

Website

http://www.king-strong.com

King-Strong New Material Technology Co Ltd is a Chinese company engaged in offering superhard material products, electromagnetism, powder-metallurgy material and carbides coated composite products. The products have applications in the industry of ceramics, mine, construction, building materials, metallurgy, electricity, refractory material and military industry. The organization sells its products in China, and also exports it to the other countries. The product portfolio of the company includes diamond roller, diamond roller integrated, cylindrical wheel, and soft polishing resin sheet, among others.

Executives

Wang Gang	Directors, executives
Wen Jun	Director
Zhang Tian Rong	Directors, executives
Dong Xue You	Directors, executives
Peng Bo	Director
Luo Hai Yan	Executives
Wang Zhen Ming	Directors, executives
Kuang Tong Chun	Independent director
Hu Qun Mei	Supervisors

Guangdong Kingstrong Technology Co (SZSE:300629) Headlines

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