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Sunvim Group Co (SZSE:002083) Net Margin % : 6.87% (As of Mar. 2024)


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What is Sunvim Group Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Sunvim Group Co's Net Income for the three months ended in Mar. 2024 was ¥90 Mil. Sunvim Group Co's Revenue for the three months ended in Mar. 2024 was ¥1,317 Mil. Therefore, Sunvim Group Co's net margin for the quarter that ended in Mar. 2024 was 6.87%.

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

SZSE:002083' s Net Margin % Range Over the Past 10 Years
Min: 1.61   Med: 6.38   Max: 8.64
Current: 6.61


SZSE:002083's Net Margin % is ranked better than
71.17% of 1044 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.605 vs SZSE:002083: 6.61

Sunvim Group Co Net Margin % Historical Data

The historical data trend for Sunvim Group 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.

Sunvim Group Co Net Margin % Chart

Sunvim Group 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 7.40 5.04 5.29 3.88 5.37

Sunvim Group 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 1.87 7.90 8.67 3.03 6.87

Competitive Comparison of Sunvim Group Co's Net Margin %

For the Textile Manufacturing subindustry, Sunvim Group 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.


Sunvim Group Co's Net Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sunvim Group Co's Net Margin % distribution charts can be found below:

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



Sunvim Group 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.

Sunvim Group 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 )
=286.585/5340.302
=5.37 %

Sunvim Group 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 )
=90.445/1316.836
=6.87 %

* 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.


Sunvim Group Co  (SZSE:002083) 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.


Sunvim Group Co Net Margin % Related Terms

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Sunvim Group Co (SZSE:002083) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Furi Street, Weifang, Shandong, CHN, 261500
Sunvim Group Co Ltd is engaged in the manufacturing and distribution of home textile products like the bath towel, towelling blanket, decorative cloth, tablecloth, napkin, bedding fabrics, and yarns.
Executives
Sun Hao Bo Directors, executives
Zhou Wen Guo Supervisors
Wang Ju Zhang Supervisors
Wu Ming Feng Directors, executives
Yu Cong Hai Director
Sun Ri Gui Directors, executives
Yan Yong Xuan Director
Qin Bo Supervisors
Fu Pei Lin Director
Qi Zong Zhong Supervisors
Zhang Shu Ming Supervisors
Zhang Guo Hua Director
Li Zhong Wei Director
Sun Yong Directors, executives
Yan Tang Director

Sunvim Group Co (SZSE:002083) Headlines

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