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Beijing Beimo High Tech Frictional Material Co (SZSE:002985) Net Margin % : 30.58% (As of Mar. 2024)


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What is Beijing Beimo High Tech Frictional Material Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Beijing Beimo High Tech Frictional Material Co's Net Income for the three months ended in Mar. 2024 was ¥73.4 Mil. Beijing Beimo High Tech Frictional Material Co's Revenue for the three months ended in Mar. 2024 was ¥240.0 Mil. Therefore, Beijing Beimo High Tech Frictional Material Co's net margin for the quarter that ended in Mar. 2024 was 30.58%.

The historical rank and industry rank for Beijing Beimo High Tech Frictional Material Co's Net Margin % or its related term are showing as below:

SZSE:002985' s Net Margin % Range Over the Past 10 Years
Min: 12.46   Med: 36.02   Max: 51.31
Current: 17.72


SZSE:002985's Net Margin % is ranked better than
85.95% of 306 companies
in the Aerospace & Defense industry
Industry Median: 4.825 vs SZSE:002985: 17.72

Beijing Beimo High Tech Frictional Material Co Net Margin % Historical Data

The historical data trend for Beijing Beimo High Tech Frictional Material 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.

Beijing Beimo High Tech Frictional Material Co Net Margin % Chart

Beijing Beimo High Tech Frictional Material Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only 51.31 46.09 37.29 31.56 22.79

Beijing Beimo High Tech Frictional Material 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 42.91 36.84 62.59 -76.32 30.58

Competitive Comparison of Beijing Beimo High Tech Frictional Material Co's Net Margin %

For the Aerospace & Defense subindustry, Beijing Beimo High Tech Frictional Material 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.


Beijing Beimo High Tech Frictional Material Co's Net Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Beijing Beimo High Tech Frictional Material Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Beijing Beimo High Tech Frictional Material Co's Net Margin % falls into.



Beijing Beimo High Tech Frictional Material 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.

Beijing Beimo High Tech Frictional Material 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 )
=217.431/954.016
=22.79 %

Beijing Beimo High Tech Frictional Material 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 )
=73.411/240.049
=30.58 %

* 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.


Beijing Beimo High Tech Frictional Material Co  (SZSE:002985) 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.


Beijing Beimo High Tech Frictional Material Co Net Margin % Related Terms

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Beijing Beimo High Tech Frictional Material Co (SZSE:002985) Business Description

Traded in Other Exchanges
N/A
Address
Shahe Town, Changping District, High-tech Park, Zhengding County, North District, Hebei Province, Beijing, CHN, 102206
Beijing Beimo High Tech Frictional Material Co Ltd formerly Beijing Bei Mo Gao Ke Friction Material Co Ltd is engaged in production and sales of high-end equipment and brake products for military and civilian aerospace vehicle landing gear landing systems, tank armored vehicles, high-speed trains and other high-end equipment. The company's products include brake wheels, brake system, aircraft landing gear.
Executives
Zheng Dan Directors, executives
Chen Jian Feng Directors, executives
Wang Shu Min Director
Liu Yang Directors, executives
Yan Rong Xin Supervisors
Xia Qing Song Supervisors
Zhang Qiu Lai Supervisors
Li Rong Li Executives

Beijing Beimo High Tech Frictional Material Co (SZSE:002985) Headlines

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