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Daheng New Epoch Technology (SHSE:600288) Net Margin % : -7.32% (As of Mar. 2024)


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What is Daheng New Epoch Technology Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Daheng New Epoch Technology's Net Income for the three months ended in Mar. 2024 was ¥-22 Mil. Daheng New Epoch Technology's Revenue for the three months ended in Mar. 2024 was ¥296 Mil. Therefore, Daheng New Epoch Technology's net margin for the quarter that ended in Mar. 2024 was -7.32%.

The historical rank and industry rank for Daheng New Epoch Technology's Net Margin % or its related term are showing as below:

SHSE:600288' s Net Margin % Range Over the Past 10 Years
Min: 0.57   Med: 1.83   Max: 3.62
Current: 0.57


SHSE:600288's Net Margin % is ranked worse than
74.12% of 2971 companies
in the Industrial Products industry
Industry Median: 5 vs SHSE:600288: 0.57

Daheng New Epoch Technology Net Margin % Historical Data

The historical data trend for Daheng New Epoch Technology'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.

Daheng New Epoch Technology Net Margin % Chart

Daheng New Epoch Technology 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 2.21 2.47 3.62 2.99 2.14

Daheng New Epoch Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.24 -2.33 16.33 -4.58 -7.32

Competitive Comparison of Daheng New Epoch Technology's Net Margin %

For the Electrical Equipment & Parts subindustry, Daheng New Epoch Technology'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.


Daheng New Epoch Technology's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Daheng New Epoch Technology's Net Margin % distribution charts can be found below:

* The bar in red indicates where Daheng New Epoch Technology's Net Margin % falls into.



Daheng New Epoch Technology 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.

Daheng New Epoch Technology'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 )
=49.908/2331.842
=2.14 %

Daheng New Epoch Technology's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-21.649/295.633
=-7.32 %

* 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.


Daheng New Epoch Technology  (SHSE:600288) 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.


Daheng New Epoch Technology Net Margin % Related Terms

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Daheng New Epoch Technology (SHSE:600288) Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Su Zhou Street, Da Heng Technology Tower, 15F, Haidian District, Beijing, Beijing, CHN, 100080
Daheng New Epoch Technology Inc is a Chinese company engaged in electrical and optical-electro-mechanical products. It primarily engaged in manufacture and sale of optical and mechanical integration products, information technology and office automation products, digital TV network editing and playback systems, semiconductor components. Geographically the business activities are functioned through the region of China.

Daheng New Epoch Technology (SHSE:600288) Headlines

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