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COSCO SHIPPING Energy Transportation Co (COSCO SHIPPING Energy Transportation Co) Net Margin % : -6.79% (As of Dec. 2023)


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What is COSCO SHIPPING Energy Transportation Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. COSCO SHIPPING Energy Transportation Co's Net Income for the three months ended in Dec. 2023 was $-51 Mil. COSCO SHIPPING Energy Transportation Co's Revenue for the three months ended in Dec. 2023 was $753 Mil. Therefore, COSCO SHIPPING Energy Transportation Co's net margin for the quarter that ended in Dec. 2023 was -6.79%.

The historical rank and industry rank for COSCO SHIPPING Energy Transportation Co's Net Margin % or its related term are showing as below:

CSDXY' s Net Margin % Range Over the Past 10 Years
Min: -39.43   Med: 7.22   Max: 18.67
Current: 15.75


CSDXY's Net Margin % is ranked better than
78.58% of 971 companies
in the Transportation industry
Industry Median: 5.31 vs CSDXY: 15.75

COSCO SHIPPING Energy Transportation Co Net Margin % Historical Data

The historical data trend for COSCO SHIPPING Energy Transportation 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.

COSCO SHIPPING Energy Transportation Co Net Margin % Chart

COSCO SHIPPING Energy Transportation 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 3.02 14.64 -39.43 7.87 15.28

COSCO SHIPPING Energy Transportation 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 19.46 28.77 18.30 -6.79 21.17

Competitive Comparison of COSCO SHIPPING Energy Transportation Co's Net Margin %

For the Marine Shipping subindustry, COSCO SHIPPING Energy Transportation 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.


COSCO SHIPPING Energy Transportation Co's Net Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, COSCO SHIPPING Energy Transportation Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where COSCO SHIPPING Energy Transportation Co's Net Margin % falls into.



COSCO SHIPPING Energy Transportation 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.

COSCO SHIPPING Energy Transportation 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 )
=468.995/3068.885
=15.28 %

COSCO SHIPPING Energy Transportation Co's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-51.14/753.18
=-6.79 %

* 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.


COSCO SHIPPING Energy Transportation Co  (OTCPK:CSDXY) 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.


COSCO SHIPPING Energy Transportation Co Net Margin % Related Terms

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COSCO SHIPPING Energy Transportation Co (COSCO SHIPPING Energy Transportation Co) Business Description

Traded in Other Exchanges
Address
No.670 Dongdaming Road, 7th Floor, Hongkou District, Shanghai, CHN, 200080
COSCO SHIPPING Energy Transportation Co Ltd engages in the shipping business. The firm's business covers oil shipping, which includes vessel chartering. The company operates through the following segments: Oil shipment, LNG and Others. The majority of the firm's revenue gets dominated by the Oil shipment segment.

COSCO SHIPPING Energy Transportation Co (COSCO SHIPPING Energy Transportation Co) Headlines

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