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QI Automotive Co (BJSE:837242) Net Margin % : 8.75% (As of Mar. 2024)


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What is QI Automotive Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. QI Automotive Co's Net Income for the three months ended in Mar. 2024 was ¥12.5 Mil. QI Automotive Co's Revenue for the three months ended in Mar. 2024 was ¥142.7 Mil. Therefore, QI Automotive Co's net margin for the quarter that ended in Mar. 2024 was 8.75%.

The historical rank and industry rank for QI Automotive Co's Net Margin % or its related term are showing as below:

BJSE:837242' s Net Margin % Range Over the Past 10 Years
Min: 0.89   Med: 10.75   Max: 13.22
Current: 12.31


BJSE:837242's Net Margin % is ranked better than
88.68% of 1290 companies
in the Vehicles & Parts industry
Industry Median: 3.405 vs BJSE:837242: 12.31

QI Automotive Co Net Margin % Historical Data

The historical data trend for QI Automotive 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.

QI Automotive Co Net Margin % Chart

QI Automotive 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 12.25 10.01 8.65 11.92 12.47

QI Automotive 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 8.53 15.31 13.48 11.91 8.75

Competitive Comparison of QI Automotive Co's Net Margin %

For the Auto Parts subindustry, QI Automotive 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.


QI Automotive Co's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, QI Automotive Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where QI Automotive Co's Net Margin % falls into.



QI Automotive 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.

QI Automotive 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 )
=69.651/558.429
=12.47 %

QI Automotive 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 )
=12.482/142.666
=8.75 %

* 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.


QI Automotive Co  (BJSE:837242) 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.


QI Automotive Co Net Margin % Related Terms

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QI Automotive Co (BJSE:837242) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Luanhe Road, Jiaozhou Economic and Technological Development Zone, Shandong Province, Qingdao, CHN, 266300
QI Automotive Co Ltd is mainly engaged in the supply chain management of parts circulation in the automotive aftermarket.

QI Automotive Co (BJSE:837242) Headlines

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