Hangzhou Zhongheng Electric Co (SZSE:002364) Net Margin % : 3.15% (As of Mar. 2024)

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What is Hangzhou Zhongheng Electric Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Hangzhou Zhongheng Electric Co's Net Income for the three months ended in Mar. 2024 was ¥11 Mil. Hangzhou Zhongheng Electric Co's Revenue for the three months ended in Mar. 2024 was ¥349 Mil. Therefore, Hangzhou Zhongheng Electric Co's net margin for the quarter that ended in Mar. 2024 was 3.15%.

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

SZSE:002364' s Net Margin % Range Over the Past 10 Years
Min: -3.47 Med: 6.95 Max: 20.92
Current: 2.69

SZSE:002364's Net Margin % is ranked worse than
64.04% of 2964 companies
in the Industrial Products industry
Industry Median: 5.215 vs SZSE:002364: 2.69

Hangzhou Zhongheng Electric Co Net Margin % Historical Data

The historical data trend for Hangzhou Zhongheng 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.

Hangzhou Zhongheng Electric Co Net Margin % Chart

Hangzhou Zhongheng Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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6.54

5.93

4.91

-3.47

2.53

Hangzhou Zhongheng 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															2.34	1.19	6.02	1.56	3.15

Competitive Comparison of Hangzhou Zhongheng Electric Co's Net Margin %

For the Electrical Equipment & Parts subindustry, Hangzhou Zhongheng 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.

Hangzhou Zhongheng Electric Co's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hangzhou Zhongheng Electric Co's Net Margin % distribution charts can be found below:

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

Hangzhou Zhongheng 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.

Hangzhou Zhongheng 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 )
	=	39.362	/	1555.44
	=	2.53 %

Hangzhou Zhongheng 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 )
	=	11.009	/	349.487
	=	3.15 %

Hangzhou Zhongheng Electric Co (SZSE:002364) 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.

Hangzhou Zhongheng Electric Co Net Margin % Related Terms

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Hangzhou Zhongheng Electric Co (SZSE:002364) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hangzhou Zhongheng Electric Co Ltd (SZSE:002364) » Definitions » Net Margin %

Traded in Other Exchanges

N/A

Address

No. 69 Dongxin Avenue, High-tech Zone, Zhongheng Building, Zhijiang Science and Technology Industrial Park, Binjiang District, Hangzhou, CHN, 310053

Website

http://www.hzzh.com

Hangzhou Zhongheng Electric Co Ltd is a China-based provider of electric power informatization software and consulting services. It offers high-frequency switching power systems for the telecommunication, electricity generation, and railway industries. The business segments of the company are Power informatization and Power electronics manufacturing. The products of the company are offered in the categories of power information, electronic manufacturing and energy internet. Its products include power IoT monitoring products, power production lean management products, relay protection setting calculation system, electric vehicle charging station equipment, high-voltage DC power system, energy internet products, and others.

Executives

Zhou Qing Jie	Director
Zhu Guo Ding	Secretary, Director
Zhao Da Chun	Directors, executives
Sun Dan	Directors, executives
Xu Zeng Xin	Executives
Zhang Yong Hao	Director
Xu Yi Jun	Directors, executives
Huang Jing Jing	Supervisors
Chen Zhi Yun	Directors, Directors, and Executives
Song Yu Kun	Securities Affairs Representative
Liao Li Rong	Executives
Qian Tao	Director

Hangzhou Zhongheng Electric Co (SZSE:002364) Headlines

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