Billion Industrial Holdings (HKSE:02299) Net Margin % : 3.08% (As of Jun. 2024)

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What is Billion Industrial Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Billion Industrial Holdings's Net Income for the six months ended in Jun. 2024 was HK$353 Mil. Billion Industrial Holdings's Revenue for the six months ended in Jun. 2024 was HK$11,433 Mil. Therefore, Billion Industrial Holdings's net margin for the quarter that ended in Jun. 2024 was 3.08%.

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

HKSE:02299' s Net Margin % Range Over the Past 10 Years
Min: 1.99 Med: 6.25 Max: 12.36
Current: 2.29

HKSE:02299's Net Margin % is ranked worse than
54.01% of 1035 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.84 vs HKSE:02299: 2.29

Billion Industrial Holdings Net Margin % Historical Data

The historical data trend for Billion Industrial 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.

Billion Industrial Holdings Net Margin % Chart

Billion Industrial Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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9.08

9.27

12.36

4.21

1.99

Billion Industrial Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Net Margin %	Get a 7-Day Free Trial															8.47	-0.41	2.69	1.48	3.08

Competitive Comparison of Billion Industrial Holdings's Net Margin %

For the Textile Manufacturing subindustry, Billion Industrial 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.

Billion Industrial Holdings's Net Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Billion Industrial Holdings's Net Margin % distribution charts can be found below:

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

Billion Industrial 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.

Billion Industrial 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 )
	=	386.539	/	19420.581
	=	1.99 %

Billion Industrial Holdings's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin	=	Net Income (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	352.53	/	11432.82
	=	3.08 %

Billion Industrial Holdings (HKSE:02299) 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.

Billion Industrial Holdings Net Margin % Related Terms

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Billion Industrial Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Billion Industrial Holdings Ltd (HKSE:02299) » Definitions » Net Margin %

Traded in Other Exchanges

N/A

Address

Fenglin Industrial Zone, Longhu Town, Fujian, Jinjiang City, CHN

Website

http://www.baihong.com

Billion Industrial Holdings Ltd is an investment holding. The company develops, manufactures, and sells polyester filament yarns and polyester thin films, polyester products, polyester industrial yarns products and ES fiber products in the People's Republic of China. Its polyester filament yarns include drawn textured, fully drawn, and partially oriented yarns for use in the production of fabrics and textiles for various consumer products, including apparel, footwear, and home furnishings.

Executives

Zhong Guo Jie Neng Huan Bao Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Chong Qing Zhong Jie Neng Shi Ye You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Xiang Gang Rong An Tou Zi You Xian Gong Si	2101 Beneficial owner
Zhong Jie Neng Jie Neng Ke Ji You Xian Gong Si	2201 Interest of corporation controlled by you
Huang Shaorong	2201 Interest of corporation controlled by you
Ever Luxuriant Global Trading Limited	2101 Beneficial owner
Haibin International Investments Limited	2101 Beneficial owner
Kingom Power Limited	2401 A concert party to an agreement to buy shares
Sze Tin Yau	2401 A concert party to an agreement to buy shares
Lin Haibin	2306 Nominee for another person
Winwett Investments Limited	2101 Beneficial owner
Wu Jinbiao	2201 Interest of corporation controlled by you

Billion Industrial Holdings Headlines

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