GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Eastern Communications Co Ltd (SHSE:600776) » Definitions » Net Margin %

Eastern Communications Co (SHSE:600776) Net Margin % : 2.30% (As of Sep. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Eastern Communications Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Eastern Communications Co's Net Income for the three months ended in Sep. 2024 was ¥15 Mil. Eastern Communications Co's Revenue for the three months ended in Sep. 2024 was ¥664 Mil. Therefore, Eastern Communications Co's net margin for the quarter that ended in Sep. 2024 was 2.30%.

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

SHSE:600776' s Net Margin % Range Over the Past 10 Years
Min: 3.49   Med: 4.8   Max: 5.3
Current: 4.75


SHSE:600776's Net Margin % is ranked better than
61.36% of 2433 companies
in the Hardware industry
Industry Median: 2.71 vs SHSE:600776: 4.75

Eastern Communications Co Net Margin % Historical Data

The historical data trend for Eastern Communications 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.

Eastern Communications Co Net Margin % Chart

Eastern Communications 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 4.91 3.49 3.83 4.18 5.20

Eastern Communications 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 6.60 3.76 23.85 -6.37 2.30

Competitive Comparison of Eastern Communications Co's Net Margin %

For the Communication Equipment subindustry, Eastern Communications 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.


Eastern Communications Co's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Eastern Communications Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Eastern Communications Co's Net Margin % falls into.



Eastern Communications 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.

Eastern Communications 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 )
=152.806/2939.727
=5.20 %

Eastern Communications 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 )
=15.303/663.932
=2.30 %

* 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.


Eastern Communications Co  (SHSE:600776) 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.


Eastern Communications Co Net Margin % Related Terms

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


Eastern Communications Co Business Description

Traded in Other Exchanges
Address
No. 66 Dongxin Avenue, New and High-Technology Development Zone, Binjiang District, Zhejiang, Hangzhou, CHN, 310053
Eastern Communications Co Ltd is a China-based communications services company. It provides solutions for industrial applications and listed companies in the fields of communication and financial technology, communications business, an intelligent manufacturing business and intelligent services and software and other fields. The company's product portfolio includes private network communications and information security products and solutions; financial electronic equipment and operations services; communications and information technology integration services and EMS manufacturing operations. The company's products and solutions are used in China and other international countries.
Executives
Yu Fang Hong senior management
Shen Wei Kang senior management
Yu Yong Chao senior management

Eastern Communications Co Headlines

No Headlines