Global New Material International Holdings (HKSE:06616) Net Margin % : 13.82% (As of Jun. 2024)

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What is Global New Material International Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Global New Material International Holdings's Net Income for the six months ended in Jun. 2024 was HK$115 Mil. Global New Material International Holdings's Revenue for the six months ended in Jun. 2024 was HK$834 Mil. Therefore, Global New Material International Holdings's net margin for the quarter that ended in Jun. 2024 was 13.82%.

The historical rank and industry rank for Global New Material International Holdings's Net Margin % or its related term are showing as below:

HKSE:06616' s Net Margin % Range Over the Past 10 Years
Min: 14.85 Med: 24.26 Max: 26.04
Current: 14.85

HKSE:06616's Net Margin % is ranked better than
88.46% of 1525 companies
in the Chemicals industry
Industry Median: 4.06 vs HKSE:06616: 14.85

Global New Material International Holdings Net Margin % Historical Data

The historical data trend for Global New Material International 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.

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Global New Material International Holdings Net Margin % Chart

Global New Material International Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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23.33

26.04

24.19

24.41

17.06

Global New Material International Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Net Margin %	Get a 7-Day Free Trial						27.82	21.97	18.23	16.16	13.82

Competitive Comparison of Global New Material International Holdings's Net Margin %

For the Specialty Chemicals subindustry, Global New Material International 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.

Global New Material International Holdings's Net Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Global New Material International Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Global New Material International Holdings's Net Margin % falls into.

Global New Material International 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.

Global New Material International 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 )
	=	198.606	/	1163.841
	=	17.06 %

Global New Material International 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 )
	=	115.257	/	833.914
	=	13.82 %

Global New Material International Holdings (HKSE:06616) 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.

Global New Material International Holdings Net Margin % Related Terms

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Global New Material International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Global New Material International Holdings Ltd (HKSE:06616) » Definitions » Net Margin %

Traded in Other Exchanges

69Y:Germany

Address

No. 380, Feilu Road, Pearlescent Industrial Park, Guangxi Zhuang Autonomous Region, Luzhai Town, Luzhai County, Liuzhou, CHN, 545600

Website

http://www.chesir.net

Global New Material International Holdings Ltd is engaged in the business of production and sales of pearlescent pigment products and functional mica and related products in the PRC and the Republic of Korea. Its segments are PRC Business Operation and Korea Business Operation. The company generates the majority of its revenue from the sale of pearlescent pigment products. It generates the majority of its revenue from PRC Business Operation from the sale of pearlescent pigment products. The PRC Business Operation is into manufacturing and sales of pearlescent pigment and functional mica filler in the PRC. Korea Business Operation is engaged in the manufacture and sale of pearlescent pigment in the Republic of Korea. The company generates revenue from Mainland China, Hong Kong, and Korea.

Executives

Wang Huan	2202 Interest of your spouse
Su Ertian	2201 Interest of corporation controlled by you
Guang Xi Tou Zi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Xi Gui Dong Dian Li Gu Fen You Xian Gong Si	2101 Beneficial owner
Guang Xi Guang Tou Zheng Run Fa Zhan Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Xi Lu Hai Xin Tong Dao Gu Quan Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Xi Lu Hai Xin Tong Dao Gu Quan Tou Zi Guan Li Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you
Guang Xi Lu Hai Xin Tong Dao Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Guang Xi Jin Rong Tou Zi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Tou Zi Ben Guan Li Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Guo Jia Kai Fa Yin Hang	2201 Interest of corporation controlled by you
You Ou Bi Tou Zi Guan Li Shang Hai You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Tou Zi You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Guo Kai Jin Rong You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Zhong Yang Hui Jin Tou Zi You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you

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