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China Petroleum & Chemical Corp (NYSE:SNP)
Net Margin
2.20% (As of Mar. 2014)

Net margin is calculated as net income divided by its revenue. China Petroleum & Chemical Corp's net income for the three months ended in Mar. 2014 was $2,268 Mil. China Petroleum & Chemical Corp's revenue for the three months ended in Mar. 2014 was $102,982 Mil. Therefore, China Petroleum & Chemical Corp's net margin for the quarter that ended in Mar. 2014 was 2.20%.

SNP' s 10-Year Net Margin Range
Min: 1.95   Max: 5.81
Current: 2.3

1.95
5.81
SNP's Net Marginis ranked higher than
79% of the 181 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 5.54 vs. SNP: 2.30 )

Definition

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

China Petroleum & Chemical Corp's Net Margin for the fiscal year that ended in Dec. 2013 is calculated as

Net Margin=Net Income (A: Dec. 2013 )/Revenue (A: Dec. 2013 )
=10929.1026277/476005.784168
=2.30 %

China Petroleum & Chemical Corp's Net Margin for the quarter that ended in Mar. 2014 is calculated as

Net Margin=Net Income (Q: Mar. 2014 )/Revenue (Q: Mar. 2014 )
=2268.43373494/102982.329317
=2.20 %

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


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.


Related Terms

Net Income, Revenue, Cost of Goods Sold, Selling, General, & Admin. Expense, Research & Development, Depreciation, Depletion and Amortization, Interest Expense, Non-Recurring Items, Tax Expense


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

China Petroleum & Chemical Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
netmargin 5.814.975.034.691.984.593.752.922.292.30

China Petroleum & Chemical Corp Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
netmargin 0.002.001.642.712.772.401.893.041.872.20
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