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J-Long Group (J-Long Group) Net Margin % : 17.38% (As of Mar. 2023)


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What is J-Long Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. J-Long Group's Net Income for the six months ended in Mar. 2023 was $6.66 Mil. J-Long Group's Revenue for the six months ended in Mar. 2023 was $38.29 Mil. Therefore, J-Long Group's net margin for the quarter that ended in Mar. 2023 was 17.38%.

The historical rank and industry rank for J-Long Group's Net Margin % or its related term are showing as below:

JL' s Net Margin % Range Over the Past 10 Years
Min: 9.58   Med: 11.71   Max: 17.38
Current: 17.38


JL's Net Margin % is ranked better than
91.6% of 1036 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.55 vs JL: 17.38

J-Long Group Net Margin % Historical Data

The historical data trend for J-Long 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.

J-Long Group Net Margin % Chart

J-Long Group Annual Data
Trend Mar21 Mar22 Mar23
Net Margin %
9.58 11.71 17.38

J-Long Group Semi-Annual Data
Mar21 Mar22 Mar23
Net Margin % 9.58 11.71 17.38

Competitive Comparison of J-Long Group's Net Margin %

For the Apparel Manufacturing subindustry, J-Long 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.


J-Long Group's Net Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where J-Long Group's Net Margin % falls into.



J-Long 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.

J-Long Group's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin=Net Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=6.656/38.292
=17.38 %

J-Long Group's Net Margin for the quarter that ended in Mar. 2023 is calculated as

Net Margin=Net Income (Q: Mar. 2023 )/Revenue (Q: Mar. 2023 )
=6.656/38.292
=17.38 %

* 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.


J-Long Group  (NAS:JL) 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.


J-Long Group Net Margin % Related Terms

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J-Long Group (J-Long Group) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
32-40 Wang Lung Street, Flat F, 8th Floor, Houston Industrial Building, Tsuen Wan New Territories, Hong Kong, HKG
J-Long Group Ltd is an established distributor in Hong Kong of reflective and non-reflective garment trims including, among others, heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pullers and drawcords. It also offers a wide range of apparel solution services to cater to its customers' needs for reflective and non-reflective garment trims, ranging from market trend analysis, product design and development and production to quality control.

J-Long Group (J-Long Group) Headlines