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Tiande Chemical Holdings (HKSE:00609) Net Margin % : 4.85% (As of Dec. 2023)


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What is Tiande Chemical Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Tiande Chemical Holdings's Net Income for the six months ended in Dec. 2023 was HK$49 Mil. Tiande Chemical Holdings's Revenue for the six months ended in Dec. 2023 was HK$1,014 Mil. Therefore, Tiande Chemical Holdings's net margin for the quarter that ended in Dec. 2023 was 4.85%.

The historical rank and industry rank for Tiande Chemical Holdings's Net Margin % or its related term are showing as below:

HKSE:00609' s Net Margin % Range Over the Past 10 Years
Min: -5.18   Med: 11.97   Max: 24.74
Current: 10.15


HKSE:00609's Net Margin % is ranked better than
76.32% of 1529 companies
in the Chemicals industry
Industry Median: 4.1 vs HKSE:00609: 10.15

Tiande Chemical Holdings Net Margin % Historical Data

The historical data trend for Tiande Chemical Holdings'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.

Tiande Chemical Holdings Net Margin % Chart

Tiande Chemical Holdings 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 1.56 6.98 14.69 24.74 10.15

Tiande Chemical Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 17.91 27.07 22.14 14.41 4.85

Competitive Comparison of Tiande Chemical Holdings's Net Margin %

For the Chemicals subindustry, Tiande Chemical Holdings'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.


Tiande Chemical Holdings's Net Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tiande Chemical Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Tiande Chemical Holdings's Net Margin % falls into.



Tiande Chemical Holdings 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.

Tiande Chemical Holdings'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 )
=230.865/2275.372
=10.15 %

Tiande Chemical Holdings's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=49.191/1014.339
=4.85 %

* 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.


Tiande Chemical Holdings  (HKSE:00609) 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.


Tiande Chemical Holdings Net Margin % Related Terms

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Tiande Chemical Holdings (HKSE:00609) Business Description

Traded in Other Exchanges
N/A
Address
No. 3877 Wolong East Street, Weifang High Tech Industry Development Zone, Shandong Province, Weifang, CHN, 261061
Tiande Chemical Holdings Ltd, through its subsidiaries, is engaged in research and development, manufacture, and sales of chemical products. Its product offering includes Cyanoacrylate monomer, Malonate series, Edta series and Cyanoacetate series of products. The group derives revenue from the sales made in the PRC, India, U.S., Taiwan, U.K and Other countries, of which prime revenue is derived from the PRC.

Tiande Chemical Holdings (HKSE:00609) Headlines

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