GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » BGRIMM Technology Co Ltd (SHSE:600980) » Definitions » Net Margin %

BGRIMM Technology Co (SHSE:600980) Net Margin % : 9.74% (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is BGRIMM Technology Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. BGRIMM Technology Co's Net Income for the three months ended in Mar. 2024 was ¥19.6 Mil. BGRIMM Technology Co's Revenue for the three months ended in Mar. 2024 was ¥201.6 Mil. Therefore, BGRIMM Technology Co's net margin for the quarter that ended in Mar. 2024 was 9.74%.

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

SHSE:600980' s Net Margin % Range Over the Past 10 Years
Min: 2.49   Med: 9.23   Max: 11.03
Current: 9.63


SHSE:600980's Net Margin % is ranked better than
77.93% of 861 companies
in the Metals & Mining industry
Industry Median: 0.26 vs SHSE:600980: 9.63

BGRIMM Technology Co Net Margin % Historical Data

The historical data trend for BGRIMM Technology 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.

BGRIMM Technology Co Net Margin % Chart

BGRIMM Technology 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 9.11 8.77 11.03 9.60 9.87

BGRIMM Technology 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 10.81 9.03 12.80 7.59 9.74

Competitive Comparison of BGRIMM Technology Co's Net Margin %

For the Other Industrial Metals & Mining subindustry, BGRIMM Technology 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.


BGRIMM Technology Co's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, BGRIMM Technology Co's Net Margin % distribution charts can be found below:

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



BGRIMM Technology 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.

BGRIMM Technology 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 )
=91.75/929.271
=9.87 %

BGRIMM Technology 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 )
=19.643/201.623
=9.74 %

* 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.


BGRIMM Technology Co  (SHSE:600980) 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.


BGRIMM Technology Co Net Margin % Related Terms

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


BGRIMM Technology Co (SHSE:600980) Business Description

Traded in Other Exchanges
N/A
Address
No. 188, South Fourth Ring Road West, 4th Floor, Building 23, Area 18, Fengtai District, Beijing, CHN, 100160
BGRIMM Technology Co Ltd, formerly BGRIMM Magnetic Materials & Technology Co Ltd is a China-based company. Its business activities are divided into mining equipment and magnetic materials division. Mining equipment division is engaged in research and development, production, and supporting technical consulting services for mining equipment. Its business scope includes flotation equipment, magnetic separation equipment, ore dressing auxiliary equipment, leaching tanks and other mining and smelting products. Magnetic materials division is engaged in the research and development, production, sales and comprehensive services of magnetic materials and devices. Magnetic material products include sintering permanent magnet ferrite, injection magnetic, and magnetic information recording material.

BGRIMM Technology Co (SHSE:600980) Headlines

No Headlines