Goldwind Science & Technology Co (HKSE:02208) Net Margin % : 4.77% (As of Mar. 2024)

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What is Goldwind Science & Technology Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Goldwind Science & Technology Co's Net Income for the three months ended in Mar. 2024 was HK$361 Mil. Goldwind Science & Technology Co's Revenue for the three months ended in Mar. 2024 was HK$7,581 Mil. Therefore, Goldwind Science & Technology Co's net margin for the quarter that ended in Mar. 2024 was 4.77%.

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

HKSE:02208' s Net Margin % Range Over the Past 10 Years
Min: 0.83 Med: 8.41 Max: 12.16
Current: 0.83

HKSE:02208's Net Margin % is ranked worse than
73.21% of 2975 companies
in the Industrial Products industry
Industry Median: 5.2 vs HKSE:02208: 0.83

Goldwind Science & Technology Co Net Margin % Historical Data

The historical data trend for Goldwind Science & 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.

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Goldwind Science & Technology Co Net Margin % Chart

Goldwind Science & Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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5.78

5.27

7.33

5.13

2.64

Goldwind Science & 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															22.19	0.12	0.09	0.33	4.77

Competitive Comparison of Goldwind Science & Technology Co's Net Margin %

For the Specialty Industrial Machinery subindustry, Goldwind Science & 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.

Goldwind Science & Technology Co's Net Margin % Distribution in the Industrial Products Industry

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

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

Goldwind Science & 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.

Goldwind Science & 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 )
	=	1455.818	/	55189.008
	=	2.64 %

Goldwind Science & 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 )
	=	361.33	/	7581.443
	=	4.77 %

Goldwind Science & Technology Co (HKSE:02208) 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.

Goldwind Science & Technology Co Net Margin % Related Terms

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Goldwind Science & Technology Co (HKSE:02208) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Goldwind Science & Technology Co Ltd (HKSE:02208) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

XJNGF:USA CXGH:Germany 002202:China

Address

No. 8 Boxing 1st Road, Economic and Technological Development District, Beijing, CHN, 100176

Website

https://www.goldwind.com

Goldwind Science & Technology Co Ltd manufactures, and markets wind turbines & other solutions. It has four segments. The wind turbine generator manufacturing & sale segment engages in research & development, manufacture & sale of wind turbine generators &bspare parts; the wind power services segment provides wind power construction, post-warranty service & asset management services; the wind farm development segment engages in the development of wind farms, which includes wind power generation service provided by the Group's wind farms & its sales; & the others segment mainly engages in the operation of water treatment plants under the service concession arrangements. The majority is from Wind turbine generator manufacturing & sale. Geographically, the key revenue is from China.

Executives

Jpmorgan Chase & Co.	2201 Interest of corporation controlled by you
Blackrock, Inc.	2201 Interest of corporation controlled by you
Ubs Group Ag	2201 Interest of corporation controlled by you
Citigroup Inc.	2502 Approved lending agent
Morgan Stanley	2201 Interest of corporation controlled by you
Gic Private Limited	2102 Investment manager
Blackrock Global Funds	2101 Beneficial owner
Principal Global Investors, Llc	2102 Investment manager

Goldwind Science & Technology Co (HKSE:02208) Headlines

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