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Changchun Up Optotech Co (SZSE:002338) Net Margin % : 9.94% (As of Mar. 2024)


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What is Changchun Up Optotech Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Changchun Up Optotech Co's Net Income for the three months ended in Mar. 2024 was ¥17.1 Mil. Changchun Up Optotech Co's Revenue for the three months ended in Mar. 2024 was ¥172.2 Mil. Therefore, Changchun Up Optotech Co's net margin for the quarter that ended in Mar. 2024 was 9.94%.

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

SZSE:002338' s Net Margin % Range Over the Past 10 Years
Min: 8.53   Med: 11.6   Max: 15.39
Current: 10.93


SZSE:002338's Net Margin % is ranked better than
81.4% of 2462 companies
in the Hardware industry
Industry Median: 2.75 vs SZSE:002338: 10.93

Changchun Up Optotech Co Net Margin % Historical Data

The historical data trend for Changchun Up Optotech 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.

Changchun Up Optotech Co Net Margin % Chart

Changchun Up Optotech 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 12.00 11.13 8.53 13.04 11.20

Changchun Up Optotech 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 11.12 19.29 16.10 3.04 9.94

Competitive Comparison of Changchun Up Optotech Co's Net Margin %

For the Scientific & Technical Instruments subindustry, Changchun Up Optotech 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.


Changchun Up Optotech Co's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Changchun Up Optotech Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Changchun Up Optotech Co's Net Margin % falls into.



Changchun Up Optotech 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.

Changchun Up Optotech 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 )
=86.635/773.452
=11.20 %

Changchun Up Optotech 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 )
=17.12/172.18
=9.94 %

* 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.


Changchun Up Optotech Co  (SZSE:002338) 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.


Changchun Up Optotech Co Net Margin % Related Terms

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Changchun Up Optotech Co (SZSE:002338) Business Description

Traded in Other Exchanges
N/A
Address
18 YingKou Road, Changchun Economic Technology Development Zone, changchun, CHN
Changchun Up Optotech Co Ltd is engaged in the development, production, and sales of photoelectric measuring and controlling instruments, new medical testing instruments, and optical materials. The products of the company include TV goniometer, an antenna base, photoelectric theodolite optical subsystem, radar antenna base, and K9 optical glass.
Executives
Zhang Yan Hui Executives
Sheng Shou Qing Executives
Li Jun Yi Executives
Wang Xiao Dong Secretary Dong
Song Zhi Yi Director
Ma Ming Ya Director

Changchun Up Optotech Co (SZSE:002338) Headlines

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