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HG Technologies Co (SZSE:300847) Net Margin % : 9.19% (As of Mar. 2024)


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What is HG Technologies Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. HG Technologies Co's Net Income for the three months ended in Mar. 2024 was ¥25 Mil. HG Technologies Co's Revenue for the three months ended in Mar. 2024 was ¥273 Mil. Therefore, HG Technologies Co's net margin for the quarter that ended in Mar. 2024 was 9.19%.

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

SZSE:300847' s Net Margin % Range Over the Past 10 Years
Min: 7.34   Med: 9.2   Max: 10.9
Current: 9.04


SZSE:300847's Net Margin % is ranked better than
72.86% of 1529 companies
in the Chemicals industry
Industry Median: 4.15 vs SZSE:300847: 9.04

HG Technologies Co Net Margin % Historical Data

The historical data trend for HG Technologies 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.

HG Technologies Co Net Margin % Chart

HG Technologies 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 9.47 10.37 10.90 10.02 8.92

HG Technologies 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 8.68 11.54 8.32 7.46 9.19

Competitive Comparison of HG Technologies Co's Net Margin %

For the Specialty Chemicals subindustry, HG Technologies 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.


HG Technologies Co's Net Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, HG Technologies Co's Net Margin % distribution charts can be found below:

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



HG Technologies 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.

HG Technologies 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 )
=95.417/1069.388
=8.92 %

HG Technologies 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 )
=25.059/272.822
=9.19 %

* 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.


HG Technologies Co  (SZSE:300847) 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.


HG Technologies Co Net Margin % Related Terms

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HG Technologies Co (SZSE:300847) Business Description

Traded in Other Exchanges
N/A
Address
No.12 Century Avenue, Development Zone, Hebei Province, Handan, CHN, 056000
HG Technologies Co Ltd is engaged in production and sales of printing and copying electrostatic imaging consumables and imaging equipment. The company specialized in developing and manufacturing drums and toner for laser printers and copiers. It produces, and sells organic photoconductor drums, toners, toner cartridges, and parts; copiers, printers, fax machines, multifunction machines, and consumable materials and parts.

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