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Zhejiang Lenor Flow Control Technology Co (SZSE:300838) Net Margin % : 3.67% (As of Mar. 2024)


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What is Zhejiang Lenor Flow Control Technology Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Zhejiang Lenor Flow Control Technology Co's Net Income for the three months ended in Mar. 2024 was ¥7 Mil. Zhejiang Lenor Flow Control Technology Co's Revenue for the three months ended in Mar. 2024 was ¥182 Mil. Therefore, Zhejiang Lenor Flow Control Technology Co's net margin for the quarter that ended in Mar. 2024 was 3.67%.

The historical rank and industry rank for Zhejiang Lenor Flow Control Technology Co's Net Margin % or its related term are showing as below:

SZSE:300838' s Net Margin % Range Over the Past 10 Years
Min: 6.26   Med: 11.26   Max: 15.8
Current: 8.27


SZSE:300838's Net Margin % is ranked better than
66.91% of 2971 companies
in the Industrial Products industry
Industry Median: 5.06 vs SZSE:300838: 8.27

Zhejiang Lenor Flow Control Technology Co Net Margin % Historical Data

The historical data trend for Zhejiang Lenor Flow Control 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.

Zhejiang Lenor Flow Control Technology Co Net Margin % Chart

Zhejiang Lenor Flow Control Technology 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 14.98 13.22 12.39 10.55 9.63

Zhejiang Lenor Flow Control 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 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 11.22 10.39 8.58 8.71 3.67

Competitive Comparison of Zhejiang Lenor Flow Control Technology Co's Net Margin %

For the Specialty Industrial Machinery subindustry, Zhejiang Lenor Flow Control 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.


Zhejiang Lenor Flow Control Technology Co's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Lenor Flow Control Technology Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Zhejiang Lenor Flow Control Technology Co's Net Margin % falls into.



Zhejiang Lenor Flow Control 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.

Zhejiang Lenor Flow Control 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 )
=107.063/1111.206
=9.63 %

Zhejiang Lenor Flow Control 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 )
=6.676/181.732
=3.67 %

* 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.


Zhejiang Lenor Flow Control Technology Co  (SZSE:300838) 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.


Zhejiang Lenor Flow Control Technology Co Net Margin % Related Terms

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Zhejiang Lenor Flow Control Technology Co (SZSE:300838) Business Description

Traded in Other Exchanges
N/A
Address
No. 99, Weiyi Road, High-tech (Ge Lane) Park, Ruian City, Zhejiang Province, Wenzhou, CHN, 325200
Zhejiang Linuo Flow Control Technology Co Ltd engages in the development, design, production and sale of fluid control equipment. The company provides total solutions on control valve for fluid industrial customers in the field of energy, petrochemical engineering, metallurgy, chemical engineering, paper-making, environmental protection, biochemistry, and medicine. Its products include Segment Ball Valve; Knife Gate Valve; Ball Valve; Globe Control Valve; Butterfly Valve; and Actuator.

Zhejiang Lenor Flow Control Technology Co (SZSE:300838) Headlines

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