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Zhejiang Rongsheng Environmental Protection Paper Co (SHSE:603165) Net Margin % : 13.55% (As of Sep. 2024)


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What is Zhejiang Rongsheng Environmental Protection Paper Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Zhejiang Rongsheng Environmental Protection Paper Co's Net Income for the three months ended in Sep. 2024 was ¥73 Mil. Zhejiang Rongsheng Environmental Protection Paper Co's Revenue for the three months ended in Sep. 2024 was ¥538 Mil. Therefore, Zhejiang Rongsheng Environmental Protection Paper Co's net margin for the quarter that ended in Sep. 2024 was 13.55%.

The historical rank and industry rank for Zhejiang Rongsheng Environmental Protection Paper Co's Net Margin % or its related term are showing as below:

SHSE:603165' s Net Margin % Range Over the Past 10 Years
Min: 6.56   Med: 11.8   Max: 19.6
Current: 13.08


SHSE:603165's Net Margin % is ranked better than
91.56% of 391 companies
in the Packaging & Containers industry
Industry Median: 3.89 vs SHSE:603165: 13.08

Zhejiang Rongsheng Environmental Protection Paper Co Net Margin % Historical Data

The historical data trend for Zhejiang Rongsheng Environmental Protection Paper 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.

Zhejiang Rongsheng Environmental Protection Paper Co Net Margin % Chart

Zhejiang Rongsheng Environmental Protection Paper 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 14.87 13.68 11.78 6.56 11.81

Zhejiang Rongsheng Environmental Protection Paper Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.67 7.94 16.66 14.68 13.55

Competitive Comparison of Zhejiang Rongsheng Environmental Protection Paper Co's Net Margin %

For the Packaging & Containers subindustry, Zhejiang Rongsheng Environmental Protection Paper 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.


Zhejiang Rongsheng Environmental Protection Paper Co's Net Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Zhejiang Rongsheng Environmental Protection Paper Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Zhejiang Rongsheng Environmental Protection Paper Co's Net Margin % falls into.



Zhejiang Rongsheng Environmental Protection Paper 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.

Zhejiang Rongsheng Environmental Protection Paper 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 )
=270.671/2291.263
=11.81 %

Zhejiang Rongsheng Environmental Protection Paper 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 )
=72.98/538.463
=13.55 %

* 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.


Zhejiang Rongsheng Environmental Protection Paper Co  (SHSE:603165) 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.


Zhejiang Rongsheng Environmental Protection Paper Co Net Margin % Related Terms

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Zhejiang Rongsheng Environmental Protection Paper Co Business Description

Traded in Other Exchanges
N/A
Address
No. 588, Zhennan East Road, Economic Development Zone, Zhejiang Province, Pinghu, CHN, 314213
Zhejiang Rongsheng Environmental Protection Paper Co Ltd is engaged in manufacturing of paper and paper products. Its products include kraft liner board, corrugated cardboard and packaging product.
Executives
Feng Rong Hua Director
Chen Xiong Wei Directors, senior managers
Lu Xiang Gen Supervisors
Hu Rong Xia senior management
Chu Fang Hong Director
Zhao Zhi Fang senior management

Zhejiang Rongsheng Environmental Protection Paper Co Headlines

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