GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Changbai Mountain Tourism Co Ltd (SHSE:603099) » Definitions » Net Margin %

Changbai Mountain Tourism Co (SHSE:603099) Net Margin % : 8.37% (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Changbai Mountain Tourism Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Changbai Mountain Tourism Co's Net Income for the three months ended in Mar. 2024 was ¥10.7 Mil. Changbai Mountain Tourism Co's Revenue for the three months ended in Mar. 2024 was ¥127.9 Mil. Therefore, Changbai Mountain Tourism Co's net margin for the quarter that ended in Mar. 2024 was 8.37%.

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

SHSE:603099' s Net Margin % Range Over the Past 10 Years
Min: -37.8   Med: 17.17   Max: 31.57
Current: 22.53


SHSE:603099's Net Margin % is ranked better than
87.85% of 823 companies
in the Travel & Leisure industry
Industry Median: 4.91 vs SHSE:603099: 22.53

Changbai Mountain Tourism Co Net Margin % Historical Data

The historical data trend for Changbai Mountain Tourism 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.

Changbai Mountain Tourism Co Net Margin % Chart

Changbai Mountain Tourism 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 16.11 -37.80 -26.81 -29.48 22.25

Changbai Mountain Tourism 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 -5.94 16.71 42.27 -11.04 8.37

Competitive Comparison of Changbai Mountain Tourism Co's Net Margin %

For the Travel Services subindustry, Changbai Mountain Tourism 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.


Changbai Mountain Tourism Co's Net Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Changbai Mountain Tourism Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Changbai Mountain Tourism Co's Net Margin % falls into.



Changbai Mountain Tourism 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.

Changbai Mountain Tourism 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 )
=138.062/620.429
=22.25 %

Changbai Mountain Tourism 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 )
=10.702/127.893
=8.37 %

* 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.


Changbai Mountain Tourism Co  (SHSE:603099) 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.


Changbai Mountain Tourism Co Net Margin % Related Terms

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


Changbai Mountain Tourism Co (SHSE:603099) Business Description

Traded in Other Exchanges
N/A
Address
Heping Street, Bailin Western District, Chibei District, Yanbian, CHN, 133613
Changbai Mountain Tourism Co Ltd is a travel agency company. It is mainly engaged in tourism passenger transport, hotel management, travel agencies and hot spring water development and utilization businesses.
Executives
Hou Zhang Sen Director

Changbai Mountain Tourism Co (SHSE:603099) Headlines

No Headlines