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Zhejiang Lante Optics Co (SHSE:688127) Net Margin % : 27.55% (As of Sep. 2024)


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What is Zhejiang Lante Optics Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Zhejiang Lante Optics Co's Net Income for the three months ended in Sep. 2024 was ¥112 Mil. Zhejiang Lante Optics Co's Revenue for the three months ended in Sep. 2024 was ¥408 Mil. Therefore, Zhejiang Lante Optics Co's net margin for the quarter that ended in Sep. 2024 was 27.55%.

The historical rank and industry rank for Zhejiang Lante Optics Co's Net Margin % or its related term are showing as below:

SHSE:688127' s Net Margin % Range Over the Past 10 Years
Min: 2.85   Med: 28.87   Max: 41.69
Current: 23.77


SHSE:688127's Net Margin % is ranked better than
91.71% of 1001 companies
in the Semiconductors industry
Industry Median: 3.92 vs SHSE:688127: 23.77

Zhejiang Lante Optics Co Net Margin % Historical Data

The historical data trend for Zhejiang Lante Optics 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 Lante Optics Co Net Margin % Chart

Zhejiang Lante Optics Co Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only 34.76 41.69 33.70 25.26 23.85

Zhejiang Lante Optics 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 24.09 33.34 17.52 9.42 27.55

Competitive Comparison of Zhejiang Lante Optics Co's Net Margin %

For the Semiconductor Equipment & Materials subindustry, Zhejiang Lante Optics 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 Lante Optics Co's Net Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Zhejiang Lante Optics Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Zhejiang Lante Optics Co's Net Margin % falls into.



Zhejiang Lante Optics 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 Lante Optics 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 )
=179.908/754.463
=23.85 %

Zhejiang Lante Optics 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 )
=112.421/408.11
=27.55 %

* 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 Lante Optics Co  (SHSE:688127) 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 Lante Optics Co Net Margin % Related Terms

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Zhejiang Lante Optics Co Business Description

Traded in Other Exchanges
N/A
Address
Honghe Town, Xiuzhou District, Zhejiang Province, Jiaxing, CHN, 314023
Zhejiang Lante Optics Co Ltd is engaged in production and sales of optical components. The company produces prisms, lenses, glass wafers, glass aspheric lenses, coatings and lens assembly, and has been involved in traditional optics, optoelectronic displays, photovoltaics, automobiles, lighting, optical communications, semiconductors, consumer electronics, medical, virtual/augmented reality and other fields. The processing and manufacturing of optical products can be found in the core components of high-tech products such as telescopes, microscopes, mobile phone, AR/VR, digital cameras, security monitors, multimedia projectors, sights, image measuring equipment, and automobile interior and exterior decoration.
Executives
Xu Ming Yang Core technical personnel
Li Qing Song Core technical personnel
Gao Feng Core technical personnel
Yao Liang Directors, senior managers
Wang Xiao Ming Director
Hu Jian Core technical personnel

Zhejiang Lante Optics Co Headlines

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