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Peric Special Gases Co (SHSE:688146) Net Margin % : 20.75% (As of Mar. 2024)


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What is Peric Special Gases Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Peric Special Gases Co's Net Income for the three months ended in Mar. 2024 was ¥90 Mil. Peric Special Gases Co's Revenue for the three months ended in Mar. 2024 was ¥435 Mil. Therefore, Peric Special Gases Co's net margin for the quarter that ended in Mar. 2024 was 20.75%.

The historical rank and industry rank for Peric Special Gases Co's Net Margin % or its related term are showing as below:

SHSE:688146' s Net Margin % Range Over the Past 10 Years
Min: 18.87   Med: 19.57   Max: 20.72
Current: 20.6


SHSE:688146's Net Margin % is ranked better than
93.4% of 1531 companies
in the Chemicals industry
Industry Median: 4.02 vs SHSE:688146: 20.60

Peric Special Gases Co Net Margin % Historical Data

The historical data trend for Peric Special Gases 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.

Peric Special Gases Co Net Margin % Chart

Peric Special Gases Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
18.87 19.47 20.50 19.57 20.72

Peric Special Gases Co Quarterly Data
Dec19 Dec20 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 21.25 21.77 19.30 20.57 20.75

Competitive Comparison of Peric Special Gases Co's Net Margin %

For the Specialty Chemicals subindustry, Peric Special Gases 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.


Peric Special Gases Co's Net Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Peric Special Gases Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Peric Special Gases Co's Net Margin % falls into.



Peric Special Gases 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.

Peric Special Gases 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 )
=334.859/1616.279
=20.72 %

Peric Special Gases 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 )
=90.326/435.274
=20.75 %

* 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.


Peric Special Gases Co  (SHSE:688146) 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.


Peric Special Gases Co Net Margin % Related Terms

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Peric Special Gases Co (SHSE:688146) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Weiwu Road, Chemical Industry Cluster Area, Feixiang District, Hebei Province, Handan, CHN, 057550
Peric Special Gases Co Ltd is engaged in the research and development, production and sales of electronic specialty gases and trifluoromethanesulfonic acid series products.

Peric Special Gases Co (SHSE:688146) Headlines

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