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Beijing Jingneng Power Co (SHSE:600578) Net Margin % : 5.14% (As of Mar. 2024)


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What is Beijing Jingneng Power Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Beijing Jingneng Power Co's Net Income for the three months ended in Mar. 2024 was ¥469 Mil. Beijing Jingneng Power Co's Revenue for the three months ended in Mar. 2024 was ¥9,114 Mil. Therefore, Beijing Jingneng Power Co's net margin for the quarter that ended in Mar. 2024 was 5.14%.

The historical rank and industry rank for Beijing Jingneng Power Co's Net Margin % or its related term are showing as below:

SHSE:600578' s Net Margin % Range Over the Past 10 Years
Min: -14.01   Med: 6.51   Max: 25.37
Current: 2.81


SHSE:600578's Net Margin % is ranked worse than
65.86% of 413 companies
in the Utilities - Independent Power Producers industry
Industry Median: 7.15 vs SHSE:600578: 2.81

Beijing Jingneng Power Co Net Margin % Historical Data

The historical data trend for Beijing Jingneng Power 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.

Beijing Jingneng Power Co Net Margin % Chart

Beijing Jingneng Power 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 7.43 6.95 -14.01 2.64 2.67

Beijing Jingneng Power Co 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 4.75 -0.61 5.33 0.54 5.14

Competitive Comparison of Beijing Jingneng Power Co's Net Margin %

For the Utilities - Independent Power Producers subindustry, Beijing Jingneng Power 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.


Beijing Jingneng Power Co's Net Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Beijing Jingneng Power Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Beijing Jingneng Power Co's Net Margin % falls into.



Beijing Jingneng Power 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.

Beijing Jingneng Power 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 )
=878.251/32877.836
=2.67 %

Beijing Jingneng Power Co'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 )
=468.742/9114.265
=5.14 %

* 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.


Beijing Jingneng Power Co  (SHSE:600578) 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.


Beijing Jingneng Power Co Net Margin % Related Terms

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Beijing Jingneng Power Co (SHSE:600578) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Chenjialin, Building G, HuaTeng Century Park Headquarters, Chaoyang District, Beijing, CHN, 100025
Beijing Jingneng Power Co Ltd is engaged in the generation and distribution of electric heating products and power equipment. The company business covers thermal power generation, combined heat and power generation (CHP), integrated coal and power operation, and electricity sales.

Beijing Jingneng Power Co (SHSE:600578) Headlines

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