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Guangdong Meiyan Jixiang Hydropower Co (SHSE:600868) Net Margin % : -41.52% (As of Mar. 2024)


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What is Guangdong Meiyan Jixiang Hydropower Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Guangdong Meiyan Jixiang Hydropower Co's Net Income for the three months ended in Mar. 2024 was ¥-9.6 Mil. Guangdong Meiyan Jixiang Hydropower Co's Revenue for the three months ended in Mar. 2024 was ¥23.2 Mil. Therefore, Guangdong Meiyan Jixiang Hydropower Co's net margin for the quarter that ended in Mar. 2024 was -41.52%.

The historical rank and industry rank for Guangdong Meiyan Jixiang Hydropower Co's Net Margin % or its related term are showing as below:

SHSE:600868' s Net Margin % Range Over the Past 10 Years
Min: -46.31   Med: 11   Max: 47.95
Current: -46.31


SHSE:600868's Net Margin % is ranked worse than
88.73% of 417 companies
in the Utilities - Independent Power Producers industry
Industry Median: 8.03 vs SHSE:600868: -46.31

Guangdong Meiyan Jixiang Hydropower Co Net Margin % Historical Data

The historical data trend for Guangdong Meiyan Jixiang Hydropower 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.

Guangdong Meiyan Jixiang Hydropower Co Net Margin % Chart

Guangdong Meiyan Jixiang Hydropower 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 19.66 18.83 2.58 12.17 -31.97

Guangdong Meiyan Jixiang Hydropower 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 12.90 10.43 17.65 -175.87 -41.52

Competitive Comparison of Guangdong Meiyan Jixiang Hydropower Co's Net Margin %

For the Utilities - Renewable subindustry, Guangdong Meiyan Jixiang Hydropower 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.


Guangdong Meiyan Jixiang Hydropower Co's Net Margin % Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Guangdong Meiyan Jixiang Hydropower Co's Net Margin % falls into.



Guangdong Meiyan Jixiang Hydropower 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.

Guangdong Meiyan Jixiang Hydropower 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 )
=-100.277/313.675
=-31.97 %

Guangdong Meiyan Jixiang Hydropower 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 )
=-9.63/23.193
=-41.52 %

* 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.


Guangdong Meiyan Jixiang Hydropower Co  (SHSE:600868) 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.


Guangdong Meiyan Jixiang Hydropower Co Net Margin % Related Terms

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Guangdong Meiyan Jixiang Hydropower Co (SHSE:600868) Business Description

Traded in Other Exchanges
N/A
Address
Meiyan Builing, Wanshuitang County, Meizhou, Guangdong, CHN, 514011
Guangdong Meiyan Jixiang Hydropower Co Ltd is mainly engaged in power generation and hydropower generation in China. The company's main business is hydropower generation. Its business divisions include hydroelectric generation, copper foil production, cement industry, silver mining, education services business and sales. The company mainly operates its business in Guangdong Province.
Executives
Li Ming Director
Zhu Bao Rong Supervisors
Huang Zeng Xiao senior management
Yang Qin Huan senior management
Qiu Xiu Rong Supervisors
Wang Rong Hui Director
Xia Wen Mei Supervisors
Wan Wen Sheng Supervisors

Guangdong Meiyan Jixiang Hydropower Co (SHSE:600868) Headlines

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