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Ningbo Techmation Co (SHSE:603015) Net Margin % : 7.54% (As of Jun. 2024)


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What is Ningbo Techmation Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Ningbo Techmation Co's Net Income for the three months ended in Jun. 2024 was ¥19.1 Mil. Ningbo Techmation Co's Revenue for the three months ended in Jun. 2024 was ¥253.1 Mil. Therefore, Ningbo Techmation Co's net margin for the quarter that ended in Jun. 2024 was 7.54%.

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

SHSE:603015' s Net Margin % Range Over the Past 10 Years
Min: 5.52   Med: 9.19   Max: 19.65
Current: 9.51


SHSE:603015's Net Margin % is ranked better than
71.51% of 2994 companies
in the Industrial Products industry
Industry Median: 5.115 vs SHSE:603015: 9.51

Ningbo Techmation Co Net Margin % Historical Data

The historical data trend for Ningbo Techmation 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.

Ningbo Techmation Co Net Margin % Chart

Ningbo Techmation 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 5.52 8.26 9.50 6.51 8.87

Ningbo Techmation Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 7.80 4.99 15.58 9.46 7.54

Competitive Comparison of Ningbo Techmation Co's Net Margin %

For the Specialty Industrial Machinery subindustry, Ningbo Techmation 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.


Ningbo Techmation Co's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo Techmation Co's Net Margin % distribution charts can be found below:

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



Ningbo Techmation 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.

Ningbo Techmation 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 )
=63.968/721.422
=8.87 %

Ningbo Techmation Co's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=19.071/253.085
=7.54 %

* 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.


Ningbo Techmation Co  (SHSE:603015) 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.


Ningbo Techmation Co Net Margin % Related Terms

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Ningbo Techmation Co Business Description

Traded in Other Exchanges
N/A
Address
No.88 Dagang Fifth Road, Beilun, Ningbo, CHN
Ningbo Techmation Co Ltd is a supplier of automation system integration in the plastics processing industry, providing high-quality automation system solutions for medium and high-end plastic machinery manufacturers. Its products include iNet, plastic machinery control system, the energy-saving servo system and other automated products and system solution.
Executives
Zheng Qin senior management
Yu Tian Long Director
Yin Kun Director
Ye Hai Ping senior management
Zhou Xiao Long Director
Yu Yang Director

Ningbo Techmation Co Headlines

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