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Henan Lantian Gas Co (SHSE:605368) Net Margin % : 12.81% (As of Mar. 2024)


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What is Henan Lantian Gas Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Henan Lantian Gas Co's Net Income for the three months ended in Mar. 2024 was ¥203 Mil. Henan Lantian Gas Co's Revenue for the three months ended in Mar. 2024 was ¥1,582 Mil. Therefore, Henan Lantian Gas Co's net margin for the quarter that ended in Mar. 2024 was 12.81%.

The historical rank and industry rank for Henan Lantian Gas Co's Net Margin % or its related term are showing as below:

SHSE:605368' s Net Margin % Range Over the Past 10 Years
Min: 7.05   Med: 9.31   Max: 12.46
Current: 12.03


SHSE:605368's Net Margin % is ranked better than
65.43% of 512 companies
in the Utilities - Regulated industry
Industry Median: 7.815 vs SHSE:605368: 12.03

Henan Lantian Gas Co Net Margin % Historical Data

The historical data trend for Henan Lantian Gas 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.

Henan Lantian Gas Co Net Margin % Chart

Henan Lantian Gas 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 8.97 9.37 10.79 12.46 12.26

Henan Lantian Gas 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 13.63 12.68 16.26 7.61 12.81

Competitive Comparison of Henan Lantian Gas Co's Net Margin %

For the Utilities - Regulated Gas subindustry, Henan Lantian Gas 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.


Henan Lantian Gas Co's Net Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Henan Lantian Gas Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Henan Lantian Gas Co's Net Margin % falls into.



Henan Lantian Gas 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.

Henan Lantian Gas 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 )
=606.31/4946.803
=12.26 %

Henan Lantian Gas 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 )
=202.679/1581.736
=12.81 %

* 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.


Henan Lantian Gas Co  (SHSE:605368) 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.


Henan Lantian Gas Co Net Margin % Related Terms

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Henan Lantian Gas Co (SHSE:605368) Business Description

Traded in Other Exchanges
N/A
Address
West of North Section of Production Stree, Henan Province, Queshan County, Zhumadian, CHN, 463200
Henan Lantian Gas Co Ltd is involved in the natural gas transmission and sales business. The company's natural gas branch has a total length of more than 700 kilometers and covers a population of more than 50 million.

Henan Lantian Gas Co (SHSE:605368) Headlines

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