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CITIC Metal Co (SHSE:601061) Net Margin % : 1.98% (As of Sep. 2024)


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What is CITIC Metal Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. CITIC Metal Co's Net Income for the three months ended in Sep. 2024 was ¥610 Mil. CITIC Metal Co's Revenue for the three months ended in Sep. 2024 was ¥30,807 Mil. Therefore, CITIC Metal Co's net margin for the quarter that ended in Sep. 2024 was 1.98%.

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

SHSE:601061' s Net Margin % Range Over the Past 10 Years
Min: 1.12   Med: 1.64   Max: 2.91
Current: 1.76


SHSE:601061's Net Margin % is ranked better than
53.67% of 859 companies
in the Metals & Mining industry
Industry Median: 0.71 vs SHSE:601061: 1.76

CITIC Metal Co Net Margin % Historical Data

The historical data trend for CITIC Metal 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.

CITIC Metal Co Net Margin % Chart

CITIC Metal Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 1.12 1.48 1.62 1.86 1.65

CITIC Metal Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 1.51 1.60 0.58 2.54 1.98

Competitive Comparison of CITIC Metal Co's Net Margin %

For the Other Industrial Metals & Mining subindustry, CITIC Metal 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.


CITIC Metal Co's Net Margin % Distribution in the Metals & Mining Industry

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

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



CITIC Metal 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.

CITIC Metal 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 )
=2057.426/124998.832
=1.65 %

CITIC Metal 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 )
=610.419/30807.143
=1.98 %

* 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.


CITIC Metal Co  (SHSE:601061) 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.


CITIC Metal Co Net Margin % Related Terms

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CITIC Metal Co Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Xinyuan South Road, Room 1903, Jingcheng Building, Chaoyang District, Beijing, CHN, 100004
CITIC Metal Co Ltd is engaged in the bulk trade business of metal minerals, the main trade products are niobium products, iron ore, non-ferrous metals, steel and so on.

CITIC Metal Co Headlines

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