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Jiangxi Ning New New Materials Co (BJSE:839719) Net Margin % : -8.08% (As of Mar. 2024)


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What is Jiangxi Ning New New Materials Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Jiangxi Ning New New Materials Co's Net Income for the three months ended in Mar. 2024 was ¥-7.5 Mil. Jiangxi Ning New New Materials Co's Revenue for the three months ended in Mar. 2024 was ¥93.3 Mil. Therefore, Jiangxi Ning New New Materials Co's net margin for the quarter that ended in Mar. 2024 was -8.08%.

The historical rank and industry rank for Jiangxi Ning New New Materials Co's Net Margin % or its related term are showing as below:

BJSE:839719' s Net Margin % Range Over the Past 10 Years
Min: 4.1   Med: 19.51   Max: 28.66
Current: 4.1


BJSE:839719's Net Margin % is ranked worse than
50.43% of 1527 companies
in the Chemicals industry
Industry Median: 4.17 vs BJSE:839719: 4.10

Jiangxi Ning New New Materials Co Net Margin % Historical Data

The historical data trend for Jiangxi Ning New New Materials 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.

Jiangxi Ning New New Materials Co Net Margin % Chart

Jiangxi Ning New New Materials Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial Premium Member Only 28.66 20.97 18.36 19.51 16.48

Jiangxi Ning New New Materials Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Dec20 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 13.69 9.30 7.59 1.88 -8.08

Competitive Comparison of Jiangxi Ning New New Materials Co's Net Margin %

For the Specialty Chemicals subindustry, Jiangxi Ning New New Materials 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.


Jiangxi Ning New New Materials Co's Net Margin % Distribution in the Chemicals Industry

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

* The bar in red indicates where Jiangxi Ning New New Materials Co's Net Margin % falls into.



Jiangxi Ning New New Materials 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.

Jiangxi Ning New New Materials Co'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 )
=91.668/556.284
=16.48 %

Jiangxi Ning New New Materials 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 )
=-7.54/93.294
=-8.08 %

* 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.


Jiangxi Ning New New Materials Co  (BJSE:839719) 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.


Jiangxi Ning New New Materials Co Net Margin % Related Terms

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Jiangxi Ning New New Materials Co (BJSE:839719) Business Description

Traded in Other Exchanges
N/A
Address
No. 966 Tiangong South Avenue, High-tech Industrial Park, Fengxin County, Jiangxi Province, Yichun City, CHN, 330700
Jiangxi Ning New New Materials Co Ltd engages in research, development, production, and sales of special graphite and its products. Its product offerings comprise Graphite Products, Molding, Isostatic Pressure, Electrodes, Diamond Material, Silicon Carbide, Carburant, and Medium Coarse Graphite. The company mainly operates high-purity graphite, and its products are widely used in industries such as metallurgy, machinery, petroleum, chemical industry, electronics, building materials, geology, and light industry.

Jiangxi Ning New New Materials Co (BJSE:839719) Headlines

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