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China Petroleum & Chemical Corp (NYSE:SNP)
Net Margin
2.10% (As of Sep. 2016)

Net margin is calculated as net income divided by its revenue. China Petroleum & Chemical Corp's net income for the three months ended in Sep. 2016 was $1,527 Mil. China Petroleum & Chemical Corp's revenue for the three months ended in Sep. 2016 was $72,670 Mil. Therefore, China Petroleum & Chemical Corp's net margin for the quarter that ended in Sep. 2016 was 2.10%.

SNP' s Net Margin Range Over the Past 10 Years
Min: 1.61   Max: 5.05
Current: 1.92

1.61
5.05
SNP's Net Margin is ranked higher than
52% of the 71 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 1.83 vs. SNP: 1.92 )

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. 2015 is calculated as

Net Margin=Net Income (A: Dec. 2015 )/Revenue (A: Dec. 2015 )
=5029.84912623/313048.797507
=1.61 %

China Petroleum & Chemical Corp's Net Margin for the quarter that ended in Sep. 2016 is calculated as

Net Margin=Net Income (Q: Sep. 2016 )/Revenue (Q: Sep. 2016 )
=1527.39048304/72670.2347756
=2.10 %

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

China Petroleum & Chemical Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
netmargin 5.054.641.914.693.752.922.292.301.641.61

China Petroleum & Chemical Corp Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
netmargin 2.582.69-1.100.454.130.331.121.612.852.10
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