China Treasures New Materials Group (HKSE:02439) Net Margin % : 24.30% (As of Jun. 2024)

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What is China Treasures New Materials Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. China Treasures New Materials Group's Net Income for the six months ended in Jun. 2024 was HK$51.5 Mil. China Treasures New Materials Group's Revenue for the six months ended in Jun. 2024 was HK$211.9 Mil. Therefore, China Treasures New Materials Group's net margin for the quarter that ended in Jun. 2024 was 24.30%.

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

HKSE:02439' s Net Margin % Range Over the Past 10 Years
Min: 18.85 Med: 26.43 Max: 30.54
Current: 27.27

HKSE:02439's Net Margin % is ranked better than
97.39% of 1534 companies
in the Chemicals industry
Industry Median: 3.995 vs HKSE:02439: 27.27

China Treasures New Materials Group Net Margin % Historical Data

The historical data trend for China Treasures New Materials 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.

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China Treasures New Materials Group Net Margin % Chart

China Treasures New Materials Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Net Margin %

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29.55

30.54

18.85

22.95

27.28

China Treasures New Materials Group Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Net Margin %	Get a 7-Day Free Trial				15.16	21.06	24.82	24.30	30.07

Competitive Comparison of China Treasures New Materials Group's Net Margin %

For the Specialty Chemicals subindustry, China Treasures New Materials 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 Treasures New Materials Group's Net Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, China Treasures New Materials Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where China Treasures New Materials Group's Net Margin % falls into.

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China Treasures New Materials 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 Treasures New Materials 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 )
	=	91.845	/	400.116
	=	22.95 %

China Treasures New Materials Group'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 )
	=	51.495	/	211.937
	=	24.30 %

China Treasures New Materials Group (HKSE:02439) 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 Treasures New Materials Group Net Margin % Related Terms

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China Treasures New Materials Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » China Treasures New Materials Group Ltd (HKSE:02439) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Jinger Road, South Karen Industrial Zone, Jiutai Economic Development Zone, Jilin Province, Changchun City, CHN

Website

http://www.jl-ks.cn

China Treasures New Materials Group Ltd mainly engages in developing and manufacturing biodegradable plastic products in Northeast China. Its biodegradable plastic products mainly come in biodegradable roll bags. The company provides biodegradable plastic products including biodegradable masterbatches that can be used to produce biodegradable plastic products. It has two segments development and manufacture of biodegradable plastic products; and development and manufacture of non-biodegradable automobile plastic parts.

Executives

Zhang Yuqiu
Lvsetianye Technology Holdings Limited
Lvsesenlin Technology Holdings Limited
Shan Yuzhu
Daziran Technology Invest Holdings Limited
China Plastic Environmental Protection Holdings Limited	2101 Beneficial owner
Zhe Jiang An Ji Jing Ji Kai Fa Qu Guan Li Wei Yuan Hui	2201 Interest of corporation controlled by you

China Treasures New Materials Group Headlines

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