GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » State Grid Yingda Co Ltd (SHSE:600517) » Definitions » Net Margin %

State Grid Yingda Co (SHSE:600517) Net Margin % : 19.83% (As of Sep. 2024)


View and export this data going back to 2003. Start your Free Trial

What is State Grid Yingda Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. State Grid Yingda Co's Net Income for the three months ended in Sep. 2024 was ¥536 Mil. State Grid Yingda Co's Revenue for the three months ended in Sep. 2024 was ¥2,705 Mil. Therefore, State Grid Yingda Co's net margin for the quarter that ended in Sep. 2024 was 19.83%.

The historical rank and industry rank for State Grid Yingda Co's Net Margin % or its related term are showing as below:

SHSE:600517' s Net Margin % Range Over the Past 10 Years
Min: 0.39   Med: 9.08   Max: 14.83
Current: 14.83


SHSE:600517's Net Margin % is ranked better than
87.47% of 2969 companies
in the Industrial Products industry
Industry Median: 4.98 vs SHSE:600517: 14.83

State Grid Yingda Co Net Margin % Historical Data

The historical data trend for State Grid Yingda Co'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.

State Grid Yingda Co Net Margin % Chart

State Grid Yingda Co 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 12.53 10.75 12.90 10.13 12.52

State Grid Yingda Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 16.86 6.04 20.36 16.98 19.83

Competitive Comparison of State Grid Yingda Co's Net Margin %

For the Electrical Equipment & Parts subindustry, State Grid Yingda Co'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.


State Grid Yingda Co's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, State Grid Yingda Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where State Grid Yingda Co's Net Margin % falls into.



State Grid Yingda Co 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.

State Grid Yingda Co'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 )
=1364.325/10895.488
=12.52 %

State Grid Yingda Co's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=536.335/2704.584
=19.83 %

* 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.


State Grid Yingda Co  (SHSE:600517) 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.


State Grid Yingda Co Net Margin % Related Terms

Thank you for viewing the detailed overview of State Grid Yingda Co's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


State Grid Yingda Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2239 Hongqiao Road, Shanghai, CHN, 200335
State Grid Yingda Co Ltd, formerly Shanghai Zhixin Electric Co Ltd specializes in the development, production and sale of amorphous alloy transformers in China.
Executives
Xing Jun senior management
Li Li senior management
Que Lian Yuan senior management
Chen Ying Yi Director
Zhang Hui Yong senior management
Niu Xi Hong senior management
Chen Li Quan senior management
Zhang Chun senior management
Ling Jian senior management
Liu Jian Xin senior management
Zhang Jian Ming Director

State Grid Yingda Co Headlines

No Headlines