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Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Net Margin % : 11.50% (As of Mar. 2024)


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What is Argus (Shanghai) Textile Chemicals Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Argus (Shanghai) Textile Chemicals Co's Net Income for the three months ended in Mar. 2024 was ¥25.0 Mil. Argus (Shanghai) Textile Chemicals Co's Revenue for the three months ended in Mar. 2024 was ¥217.1 Mil. Therefore, Argus (Shanghai) Textile Chemicals Co's net margin for the quarter that ended in Mar. 2024 was 11.50%.

The historical rank and industry rank for Argus (Shanghai) Textile Chemicals Co's Net Margin % or its related term are showing as below:

SHSE:603790' s Net Margin % Range Over the Past 10 Years
Min: 5.37   Med: 9.82   Max: 13.73
Current: 6.41


SHSE:603790's Net Margin % is ranked better than
62.57% of 1531 companies
in the Chemicals industry
Industry Median: 4.1 vs SHSE:603790: 6.41

Argus (Shanghai) Textile Chemicals Co Net Margin % Historical Data

The historical data trend for Argus (Shanghai) Textile Chemicals 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.

Argus (Shanghai) Textile Chemicals Co Net Margin % Chart

Argus (Shanghai) Textile Chemicals 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 12.26 6.85 7.36 5.37 5.66

Argus (Shanghai) Textile Chemicals 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 9.17 8.42 10.24 -6.19 11.50

Competitive Comparison of Argus (Shanghai) Textile Chemicals Co's Net Margin %

For the Specialty Chemicals subindustry, Argus (Shanghai) Textile Chemicals 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.


Argus (Shanghai) Textile Chemicals Co's Net Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Argus (Shanghai) Textile Chemicals Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Argus (Shanghai) Textile Chemicals Co's Net Margin % falls into.



Argus (Shanghai) Textile Chemicals 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.

Argus (Shanghai) Textile Chemicals 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 )
=43.833/773.954
=5.66 %

Argus (Shanghai) Textile Chemicals 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 )
=24.965/217.125
=11.50 %

* 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.


Argus (Shanghai) Textile Chemicals Co  (SHSE:603790) 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.


Argus (Shanghai) Textile Chemicals Co Net Margin % Related Terms

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Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Business Description

Traded in Other Exchanges
N/A
Address
No. 388 Jinyuan Liu Road, Jiangqiao, Jiading, Room 275-278, Building 16, Shanghai, CHN, 201812
Argus (Shanghai) Textile Chemicals Co Ltd is a Chinese company that manufactures dyes. The company is specialized in the research and development, manufacturing and marketing of textile chemicals and providing technical support services for several specialties. It offers Dyes for cellulose, polyamide, wool, polyester, and silk. While its other products categories include Argasoft products and other auxiliary services related to dying.

Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Headlines

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