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Shanghai Automobile Air-Conditioner Accessories Co (SHSE:603107) Net Margin % : 9.87% (As of Mar. 2024)


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What is Shanghai Automobile Air-Conditioner Accessories Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Shanghai Automobile Air-Conditioner Accessories Co's Net Income for the three months ended in Mar. 2024 was ¥46 Mil. Shanghai Automobile Air-Conditioner Accessories Co's Revenue for the three months ended in Mar. 2024 was ¥469 Mil. Therefore, Shanghai Automobile Air-Conditioner Accessories Co's net margin for the quarter that ended in Mar. 2024 was 9.87%.

The historical rank and industry rank for Shanghai Automobile Air-Conditioner Accessories Co's Net Margin % or its related term are showing as below:

SHSE:603107' s Net Margin % Range Over the Past 10 Years
Min: 6.85   Med: 8.29   Max: 10.67
Current: 8.47


SHSE:603107's Net Margin % is ranked better than
77.5% of 1289 companies
in the Vehicles & Parts industry
Industry Median: 3.41 vs SHSE:603107: 8.47

Shanghai Automobile Air-Conditioner Accessories Co Net Margin % Historical Data

The historical data trend for Shanghai Automobile Air-Conditioner Accessories 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.

Shanghai Automobile Air-Conditioner Accessories Co Net Margin % Chart

Shanghai Automobile Air-Conditioner Accessories Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 8.29 10.67 6.85 7.91 8.46

Shanghai Automobile Air-Conditioner Accessories Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 Dec20 Dec21 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 10.13 8.23 9.26 6.67 9.87

Competitive Comparison of Shanghai Automobile Air-Conditioner Accessories Co's Net Margin %

For the Auto Parts subindustry, Shanghai Automobile Air-Conditioner Accessories 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.


Shanghai Automobile Air-Conditioner Accessories Co's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Automobile Air-Conditioner Accessories Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Shanghai Automobile Air-Conditioner Accessories Co's Net Margin % falls into.



Shanghai Automobile Air-Conditioner Accessories 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.

Shanghai Automobile Air-Conditioner Accessories 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 )
=161.484/1908.541
=8.46 %

Shanghai Automobile Air-Conditioner Accessories 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 )
=46.285/468.712
=9.87 %

* 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.


Shanghai Automobile Air-Conditioner Accessories Co  (SHSE:603107) 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.


Shanghai Automobile Air-Conditioner Accessories Co Net Margin % Related Terms

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Shanghai Automobile Air-Conditioner Accessories Co (SHSE:603107) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 1188, Lianxi Road, Pudong New Area, Shanghai, CHN, 201204
Website
Shanghai Automobile Air-Conditioner Accessories Co Ltd is engaged in research & development, production and sales of automobile parts such as air conditioning pipes and fuel distribution pipes.

Shanghai Automobile Air-Conditioner Accessories Co (SHSE:603107) Headlines

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