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EC Precision Technology (Jiangsu) (BJSE:836221) Net Margin % : 18.47% (As of Mar. 2024)


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What is EC Precision Technology (Jiangsu) Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. EC Precision Technology (Jiangsu)'s Net Income for the three months ended in Mar. 2024 was ¥14.6 Mil. EC Precision Technology (Jiangsu)'s Revenue for the three months ended in Mar. 2024 was ¥78.9 Mil. Therefore, EC Precision Technology (Jiangsu)'s net margin for the quarter that ended in Mar. 2024 was 18.47%.

The historical rank and industry rank for EC Precision Technology (Jiangsu)'s Net Margin % or its related term are showing as below:

BJSE:836221' s Net Margin % Range Over the Past 10 Years
Min: -11.21   Med: 16.5   Max: 21.59
Current: 19.2


BJSE:836221's Net Margin % is ranked better than
95.5% of 1289 companies
in the Vehicles & Parts industry
Industry Median: 3.41 vs BJSE:836221: 19.20

EC Precision Technology (Jiangsu) Net Margin % Historical Data

The historical data trend for EC Precision Technology (Jiangsu)'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.

EC Precision Technology (Jiangsu) Net Margin % Chart

EC Precision Technology (Jiangsu) Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.69 16.03 21.42 18.51 16.30

EC Precision Technology (Jiangsu) Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 15.22 18.13 18.72 20.96 18.47

Competitive Comparison of EC Precision Technology (Jiangsu)'s Net Margin %

For the Auto Parts subindustry, EC Precision Technology (Jiangsu)'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.


EC Precision Technology (Jiangsu)'s Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, EC Precision Technology (Jiangsu)'s Net Margin % distribution charts can be found below:

* The bar in red indicates where EC Precision Technology (Jiangsu)'s Net Margin % falls into.



EC Precision Technology (Jiangsu) 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.

EC Precision Technology (Jiangsu)'s Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=37.832/232.051
=16.30 %

EC Precision Technology (Jiangsu)'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 )
=14.57/78.883
=18.47 %

* 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.


EC Precision Technology (Jiangsu)  (BJSE:836221) 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.


EC Precision Technology (Jiangsu) Net Margin % Related Terms

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EC Precision Technology (Jiangsu) (BJSE:836221) Business Description

Traded in Other Exchanges
N/A
Address
No. 1018, Taiping North Road, Chongchuan District, Jiangsu Province, Nantong, CHN, 226006
EC Precision Technology (Jiangsu) Corp is engaged in the research and development, production and sales of automotive precision metal parts.

EC Precision Technology (Jiangsu) (BJSE:836221) Headlines

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