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Shenzhen Wongtee International Enterprise Co (SZSE:000056) Net Margin % : -43.92% (As of Mar. 2024)


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What is Shenzhen Wongtee International Enterprise Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Shenzhen Wongtee International Enterprise Co's Net Income for the three months ended in Mar. 2024 was ¥-81 Mil. Shenzhen Wongtee International Enterprise Co's Revenue for the three months ended in Mar. 2024 was ¥185 Mil. Therefore, Shenzhen Wongtee International Enterprise Co's net margin for the quarter that ended in Mar. 2024 was -43.92%.

The historical rank and industry rank for Shenzhen Wongtee International Enterprise Co's Net Margin % or its related term are showing as below:

SZSE:000056' s Net Margin % Range Over the Past 10 Years
Min: -548.75   Med: -18.8   Max: 34.23
Current: -95.26


SZSE:000056's Net Margin % is ranked worse than
89.75% of 1785 companies
in the Real Estate industry
Industry Median: 5.93 vs SZSE:000056: -95.26

Shenzhen Wongtee International Enterprise Co Net Margin % Historical Data

The historical data trend for Shenzhen Wongtee International Enterprise 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.

Shenzhen Wongtee International Enterprise Co Net Margin % Chart

Shenzhen Wongtee International Enterprise 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 5.01 -42.61 -153.41 -185.18 -96.16

Shenzhen Wongtee International Enterprise 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 -52.06 -52.92 -42.24 -388.55 -43.92

Competitive Comparison of Shenzhen Wongtee International Enterprise Co's Net Margin %

For the Real Estate - Development subindustry, Shenzhen Wongtee International Enterprise 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.


Shenzhen Wongtee International Enterprise Co's Net Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shenzhen Wongtee International Enterprise Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Shenzhen Wongtee International Enterprise Co's Net Margin % falls into.



Shenzhen Wongtee International Enterprise 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.

Shenzhen Wongtee International Enterprise 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 )
=-1126.749/1171.704
=-96.16 %

Shenzhen Wongtee International Enterprise 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 )
=-81.351/185.243
=-43.92 %

* 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.


Shenzhen Wongtee International Enterprise Co  (SZSE:000056) 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.


Shenzhen Wongtee International Enterprise Co Net Margin % Related Terms

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Shenzhen Wongtee International Enterprise Co (SZSE:000056) Business Description

Traded in Other Exchanges
Address
Jintian Road, Huang Gang Business Centre, Unit 03, 58th Floor, Futian District, Guangdong Province, Shenzhen, CHN, 518100
Shenzhen Wongtee International Enterprise Co Ltd is a real estate development company. The firm is engaged in the business operation and management of its own shopping malls. In addition to the real estate operations, it is also involved in the provision of financial services and content services.

Shenzhen Wongtee International Enterprise Co (SZSE:000056) Headlines

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