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Shijihengtong Technology Co (SZSE:301428) Net Margin % : 6.96% (As of Mar. 2024)


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What is Shijihengtong Technology Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Shijihengtong Technology Co's Net Income for the three months ended in Mar. 2024 was ¥20 Mil. Shijihengtong Technology Co's Revenue for the three months ended in Mar. 2024 was ¥291 Mil. Therefore, Shijihengtong Technology Co's net margin for the quarter that ended in Mar. 2024 was 6.96%.

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

SZSE:301428' s Net Margin % Range Over the Past 10 Years
Min: 6.07   Med: 8.05   Max: 11.84
Current: 7.51


SZSE:301428's Net Margin % is ranked better than
70.94% of 2767 companies
in the Software industry
Industry Median: 1.73 vs SZSE:301428: 7.51

Shijihengtong Technology Co Net Margin % Historical Data

The historical data trend for Shijihengtong 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.

Shijihengtong Technology Co Net Margin % Chart

Shijihengtong 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 6.07 7.58 7.95 8.55 7.58

Shijihengtong Technology Co Quarterly Data
Dec15 Dec16 Jun17 Dec17 Dec18 Dec19 Mar20 Dec20 Mar21 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 7.18 9.42 6.65 7.16 6.96

Competitive Comparison of Shijihengtong Technology Co's Net Margin %

For the Information Technology Services subindustry, Shijihengtong 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.


Shijihengtong Technology Co's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Shijihengtong Technology Co's Net Margin % distribution charts can be found below:

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



Shijihengtong 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.

Shijihengtong 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 )
=80.982/1067.806
=7.58 %

Shijihengtong 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 )
=20.261/291.113
=6.96 %

* 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.


Shijihengtong Technology Co  (SZSE:301428) 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.


Shijihengtong Technology Co Net Margin % Related Terms

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Shijihengtong Technology Co (SZSE:301428) Business Description

Traded in Other Exchanges
N/A
Address
No. 188, Nanyuan Science and Education Street, Guiyang National High-tech Industrial Development Zone, Core Area, Guiyang Science and Technology Park, Zhongguancun, Guizhou Province, Guiyang, CHN, 550014
Shijihengtong Technology Co Ltd is a professional information technology service provider. The company is engaged in the Independent development of technology platform and the construction of service network.

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