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Zhejiang Tengen Electric Co (SHSE:605066) Net Margin % : 4.33% (As of Mar. 2024)


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What is Zhejiang Tengen Electric Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Zhejiang Tengen Electric Co's Net Income for the three months ended in Mar. 2024 was ¥29 Mil. Zhejiang Tengen Electric Co's Revenue for the three months ended in Mar. 2024 was ¥668 Mil. Therefore, Zhejiang Tengen Electric Co's net margin for the quarter that ended in Mar. 2024 was 4.33%.

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

SHSE:605066' s Net Margin % Range Over the Past 10 Years
Min: 1.85   Med: 5.23   Max: 9.98
Current: 4.66


SHSE:605066's Net Margin % is ranked better than
60.75% of 2464 companies
in the Hardware industry
Industry Median: 2.68 vs SHSE:605066: 4.66

Zhejiang Tengen Electric Co Net Margin % Historical Data

The historical data trend for Zhejiang Tengen Electric 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 Tengen Electric Co Net Margin % Chart

Zhejiang Tengen Electric Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 9.81 9.98 3.73 1.85 5.62

Zhejiang Tengen Electric 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 8.78 6.87 5.85 1.69 4.33

Competitive Comparison of Zhejiang Tengen Electric Co's Net Margin %

For the Electronic Components subindustry, Zhejiang Tengen Electric 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 Tengen Electric Co's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zhejiang Tengen Electric Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Zhejiang Tengen Electric Co's Net Margin % falls into.



Zhejiang Tengen Electric 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 Tengen Electric 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 )
=161.705/2878.934
=5.62 %

Zhejiang Tengen Electric 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 )
=28.938/667.878
=4.33 %

* 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 Tengen Electric Co  (SHSE:605066) 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 Tengen Electric Co Net Margin % Related Terms

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Zhejiang Tengen Electric Co (SHSE:605066) Business Description

Traded in Other Exchanges
N/A
Address
Sulu Industrial Zone, Liushi Town, Zhejiang Province, Yueqing, CHN, 325604
Zhejiang Tengen Electric Co Ltd is engaged in production and sales of low-voltage electrical products such as power distribution appliances, control appliances, terminal appliances, power appliances, and instrument appliances. The company produces industrial electrical products such as low-voltage power distribution and industrial control electrical appliances, smart meters, power supplies, frequency converters, high-voltage electrical appliances, and construction electrical appliances, for electric power, communications, new energy, industrial and civil construction, metallurgy, petrochemical, machinery manufacturing.

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