CLPXF (China Longyuan Power Group) Net Margin % : 22.06% (As of Sep. 2024)

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What is China Longyuan Power Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. China Longyuan Power Group's Net Income for the three months ended in Sep. 2024 was $233 Mil. China Longyuan Power Group's Revenue for the three months ended in Sep. 2024 was $1,055 Mil. Therefore, China Longyuan Power Group's net margin for the quarter that ended in Sep. 2024 was 22.06%.

The historical rank and industry rank for China Longyuan Power Group's Net Margin % or its related term are showing as below:

CLPXF' s Net Margin % Range Over the Past 10 Years
Min: 12.82 Med: 16.23 Max: 18.61
Current: 15.62

CLPXF's Net Margin % is ranked better than
65.07% of 418 companies
in the Utilities - Independent Power Producers industry
Industry Median: 9.355 vs CLPXF: 15.62

China Longyuan Power Group Net Margin % Historical Data

The historical data trend for China Longyuan Power Group'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.

China Longyuan Power Group Net Margin % Chart

China Longyuan Power Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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16.41

17.28

18.61

12.82

16.60

China Longyuan Power Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Net Margin %	Get a 7-Day Free Trial															14.05	1.31	24.23	15.92	22.06

Competitive Comparison of China Longyuan Power Group's Net Margin %

For the Utilities - Renewable subindustry, China Longyuan Power Group'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.

China Longyuan Power Group's Net Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Longyuan Power Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where China Longyuan Power Group's Net Margin % falls into.

China Longyuan Power Group 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.

China Longyuan Power Group'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 )
	=	875.226	/	5271.829
	=	16.60 %

China Longyuan Power Group's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin	=	Net Income (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	232.833	/	1055.256
	=	22.06 %

China Longyuan Power Group (OTCPK:CLPXF) 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.

China Longyuan Power Group Net Margin % Related Terms

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China Longyuan Power Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Longyuan Power Group Corp Ltd (OTCPK:CLPXF) » Definitions » Net Margin %

Traded in Other Exchanges

CLPXY:USA 00916:Hong Kong 6WX:Germany 001289:China

Address

6 Fuchengmen North Street, Room 2006, 20th Floor, Block C, Xicheng District, Beijing, CHN

Website

http://www.clypg.com.cn

Longyuan is China's largest wind farm operator, with consolidated installed wind capacity of 27.8 gigawatts as of end-2023. It has wind farms spread across China, and has also expanded into other countries such as Canada and South Africa. Longyuan owns two coal-fired power plants in Jiangsu and operates other renewable assets such as solar, geothermal, and tidal energy on a limited scale. The consolidated installed capacity mix is about 78% wind, 5% thermal, and the remainder in other renewables. China Energy Investment, which was created through the merger of China Guodian Corporation and China Shenhua Group, is the major shareholder with a controlling stake of about 58.6%.

China Longyuan Power Group Headlines

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