GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sichuan Newsnet Media (Group) Co Ltd (SZSE:300987) » Definitions » Net Margin %

Sichuan Newsnet Media (Group) Co (SZSE:300987) Net Margin % : 4.26% (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Sichuan Newsnet Media (Group) Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Sichuan Newsnet Media (Group) Co's Net Income for the three months ended in Mar. 2024 was ¥2.0 Mil. Sichuan Newsnet Media (Group) Co's Revenue for the three months ended in Mar. 2024 was ¥47.4 Mil. Therefore, Sichuan Newsnet Media (Group) Co's net margin for the quarter that ended in Mar. 2024 was 4.26%.

The historical rank and industry rank for Sichuan Newsnet Media (Group) Co's Net Margin % or its related term are showing as below:

SZSE:300987' s Net Margin % Range Over the Past 10 Years
Min: 11.13   Med: 31.42   Max: 43.58
Current: 11.13


SZSE:300987's Net Margin % is ranked better than
81.67% of 1042 companies
in the Media - Diversified industry
Industry Median: 1.51 vs SZSE:300987: 11.13

Sichuan Newsnet Media (Group) Co Net Margin % Historical Data

The historical data trend for Sichuan Newsnet Media (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.

Sichuan Newsnet Media (Group) Co Net Margin % Chart

Sichuan Newsnet Media (Group) 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 36.80 30.91 43.58 14.30 13.06

Sichuan Newsnet Media (Group) Co Quarterly Data
Dec18 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 14.21 10.00 12.26 14.98 4.26

Competitive Comparison of Sichuan Newsnet Media (Group) Co's Net Margin %

For the Advertising Agencies subindustry, Sichuan Newsnet Media (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.


Sichuan Newsnet Media (Group) Co's Net Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sichuan Newsnet Media (Group) Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Sichuan Newsnet Media (Group) Co's Net Margin % falls into.



Sichuan Newsnet Media (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.

Sichuan Newsnet Media (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 )
=31.324/239.911
=13.06 %

Sichuan Newsnet Media (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 )
=2.016/47.359
=4.26 %

* 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.


Sichuan Newsnet Media (Group) Co  (SZSE:300987) 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.


Sichuan Newsnet Media (Group) Co Net Margin % Related Terms

Thank you for viewing the detailed overview of Sichuan Newsnet Media (Group) Co's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sichuan Newsnet Media (Group) Co (SZSE:300987) Business Description

Traded in Other Exchanges
N/A
Address
No.599, Century City South Road, Floor 2, 6th Floor, 16th Floor, Building 7, Tianfu Software Park D Zone, High-tech Zone, Sichuan Province, Chengdu, CHN, 610041
Sichuan Newsnet Media (Group) Co Ltd operates as an internet media. It is primarily involved in the new media integrated marketing, mobile information services and others.

Sichuan Newsnet Media (Group) Co (SZSE:300987) Headlines

No Headlines