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Sichuan New Energy Power Co (SZSE:000155) Net Margin % : 41.44% (As of Mar. 2024)


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What is Sichuan New Energy Power Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Sichuan New Energy Power Co's Net Income for the three months ended in Mar. 2024 was ¥416 Mil. Sichuan New Energy Power Co's Revenue for the three months ended in Mar. 2024 was ¥1,003 Mil. Therefore, Sichuan New Energy Power Co's net margin for the quarter that ended in Mar. 2024 was 41.44%.

The historical rank and industry rank for Sichuan New Energy Power Co's Net Margin % or its related term are showing as below:

SZSE:000155' s Net Margin % Range Over the Past 10 Years
Min: -186.4   Med: 7.16   Max: 44.71
Current: 27.67


SZSE:000155's Net Margin % is ranked better than
94.46% of 1533 companies
in the Chemicals industry
Industry Median: 4.28 vs SZSE:000155: 27.67

Sichuan New Energy Power Co Net Margin % Historical Data

The historical data trend for Sichuan New Energy Power 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.

Sichuan New Energy Power Co Net Margin % Chart

Sichuan New Energy Power 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 10.47 7.17 7.15 18.67 24.07

Sichuan New Energy Power 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 29.71 21.04 16.21 27.03 41.44

Competitive Comparison of Sichuan New Energy Power Co's Net Margin %

For the Chemicals subindustry, Sichuan New Energy Power 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.


Sichuan New Energy Power Co's Net Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sichuan New Energy Power Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Sichuan New Energy Power Co's Net Margin % falls into.



Sichuan New Energy Power 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.

Sichuan New Energy Power 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 )
=797.429/3312.97
=24.07 %

Sichuan New Energy Power 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 )
=415.719/1003.093
=41.44 %

* 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.


Sichuan New Energy Power Co  (SZSE:000155) 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.


Sichuan New Energy Power Co Net Margin % Related Terms

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Sichuan New Energy Power Co (SZSE:000155) Business Description

Traded in Other Exchanges
N/A
Address
No. 311 Tuanjie Road, Dawan Town, Qingbaijiang District, Chengdu, Sichuan, CHN, 610301
Sichuan New Energy Power Co Ltd, formerly Sichuan Chemical Co Ltd operates in chemical raw materials and chemical manufacturing. It also operates transportation business.

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