Lygend Resources & Technology Co (HKSE:02245) Net Margin % : 6.05% (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Lygend Resources & Technology Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Lygend Resources & Technology Co's Net Income for the six months ended in Dec. 2023 was HK$780 Mil. Lygend Resources & Technology Co's Revenue for the six months ended in Dec. 2023 was HK$12,879 Mil. Therefore, Lygend Resources & Technology Co's net margin for the quarter that ended in Dec. 2023 was 6.05%.

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

HKSE:02245' s Net Margin % Range Over the Past 10 Years
Min: 4.99 Med: 6.71 Max: 9.49
Current: 4.99

HKSE:02245's Net Margin % is ranked better than
68.57% of 856 companies
in the Metals & Mining industry
Industry Median: -0.035 vs HKSE:02245: 4.99

Lygend Resources & Technology Co Net Margin % Historical Data

The historical data trend for Lygend Resources & 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.

Lygend Resources & Technology Co Net Margin % Chart

Lygend Resources & Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

6.05

6.71

8.83

9.49

4.99

Lygend Resources & Technology Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial			12.12	13.53	4.63	3.64	6.05

Competitive Comparison of Lygend Resources & Technology Co's Net Margin %

For the Other Industrial Metals & Mining subindustry, Lygend Resources & 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.

Lygend Resources & Technology Co's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lygend Resources & Technology Co's Net Margin % distribution charts can be found below:

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

Lygend Resources & 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.

Lygend Resources & 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 )
	=	1149.961	/	23034.235
	=	4.99 %

Lygend Resources & Technology Co's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	779.841	/	12879.476
	=	6.05 %

Lygend Resources & Technology Co (HKSE:02245) 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.

Lygend Resources & Technology Co Net Margin % Related Terms

Thank you for viewing the detailed overview of Lygend Resources & Technology Co's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Lygend Resources & Technology Co (HKSE:02245) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lygend Resources & Technology Co Ltd (HKSE:02245) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 299 Guanghua Road, 10th-11th Floor, Building C10, R&D Park, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315000

Website

https://www.lygend.com

Lygend Resources & Technology Co Ltd is engaged in both the trading and the production of nickel products. The company has a comprehensive product and service portfolio covering multiple areas across the nickel industry value chain, from upstream sourcing of nickel resources, trading and production of nickel products, to equipment manufacturing and sale. Its products are widely used in various downstream sectors including the NEV and stainless steel industries. It derives a majority of its revenue from Mainland China.

Lygend Resources & Technology Co (HKSE:02245) Headlines

No Headlines