Zhongzhong Science and Technology (Tianjin) Co (SHSE:603135) Net Margin % : 13.09% (As of Mar. 2024)

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What is Zhongzhong Science and Technology (Tianjin) Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Zhongzhong Science and Technology (Tianjin) Co's Net Income for the three months ended in Mar. 2024 was ¥15.2 Mil. Zhongzhong Science and Technology (Tianjin) Co's Revenue for the three months ended in Mar. 2024 was ¥116.4 Mil. Therefore, Zhongzhong Science and Technology (Tianjin) Co's net margin for the quarter that ended in Mar. 2024 was 13.09%.

The historical rank and industry rank for Zhongzhong Science and Technology (Tianjin) Co's Net Margin % or its related term are showing as below:

SHSE:603135' s Net Margin % Range Over the Past 10 Years
Min: 15.77 Med: 18.18 Max: 21.48
Current: 15.9

SHSE:603135's Net Margin % is ranked better than
88.78% of 2968 companies
in the Industrial Products industry
Industry Median: 5.215 vs SHSE:603135: 15.90

Zhongzhong Science and Technology (Tianjin) Co Net Margin % Historical Data

The historical data trend for Zhongzhong Science and Technology (Tianjin) 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.

Zhongzhong Science and Technology (Tianjin) Co Net Margin % Chart

Zhongzhong Science and Technology (Tianjin) Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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20.94

17.83

15.77

18.53

16.30

Zhongzhong Science and Technology (Tianjin) Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial									16.29	17.71	19.59	11.55	13.09

Competitive Comparison of Zhongzhong Science and Technology (Tianjin) Co's Net Margin %

For the Specialty Industrial Machinery subindustry, Zhongzhong Science and Technology (Tianjin) 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.

Zhongzhong Science and Technology (Tianjin) Co's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhongzhong Science and Technology (Tianjin) Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Zhongzhong Science and Technology (Tianjin) Co's Net Margin % falls into.

Zhongzhong Science and Technology (Tianjin) 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.

Zhongzhong Science and Technology (Tianjin) 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 )
	=	181.994	/	1116.822
	=	16.30 %

Zhongzhong Science and Technology (Tianjin) 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 )
	=	15.246	/	116.441
	=	13.09 %

Zhongzhong Science and Technology (Tianjin) Co (SHSE:603135) 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.

Zhongzhong Science and Technology (Tianjin) Co Net Margin % Related Terms

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

Zhongzhong Science and Technology (Tianjin) Co (SHSE:603135) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhongzhong Science and Technology (Tianjin) Co Ltd (SHSE:603135) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 65, Gaoxin Avenue, Ring Outer Development Zone, Science and Technology Park, Beichen District, Tianjin, CHN, 300400

Website

https://www.tjzzjt.com

Zhongzhong Science and Technology (Tianjin) Co Ltd is a national-level high-tech enterprise integrating research and development of intelligent equipment and production lines, process and equipment design, manufacturing, technical services and sales. Automatic production lines for wire rod and plate rolling, complete sets of equipment and related spare parts.

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