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Guangzhou Guanggang Gases and Energy Co (SHSE:688548) Net Margin % : 8.66% (As of Sep. 2024)


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What is Guangzhou Guanggang Gases and Energy Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Guangzhou Guanggang Gases and Energy Co's Net Income for the three months ended in Sep. 2024 was ¥46 Mil. Guangzhou Guanggang Gases and Energy Co's Revenue for the three months ended in Sep. 2024 was ¥526 Mil. Therefore, Guangzhou Guanggang Gases and Energy Co's net margin for the quarter that ended in Sep. 2024 was 8.66%.

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

SHSE:688548' s Net Margin % Range Over the Past 10 Years
Min: 10.24   Med: 17.41   Max: 35.08
Current: 13.85


SHSE:688548's Net Margin % is ranked better than
86.89% of 1526 companies
in the Chemicals industry
Industry Median: 4.05 vs SHSE:688548: 13.85

Guangzhou Guanggang Gases and Energy Co Net Margin % Historical Data

The historical data trend for Guangzhou Guanggang Gases and Energy 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.

Guangzhou Guanggang Gases and Energy Co Net Margin % Chart

Guangzhou Guanggang Gases and Energy Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
35.08 31.12 10.24 15.29 17.41

Guangzhou Guanggang Gases and Energy Co Quarterly Data
Dec19 Dec20 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 14.85 19.32 14.57 13.41 8.66

Competitive Comparison of Guangzhou Guanggang Gases and Energy Co's Net Margin %

For the Specialty Chemicals subindustry, Guangzhou Guanggang Gases and Energy 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.


Guangzhou Guanggang Gases and Energy Co's Net Margin % Distribution in the Chemicals Industry

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

* The bar in red indicates where Guangzhou Guanggang Gases and Energy Co's Net Margin % falls into.



Guangzhou Guanggang Gases and Energy 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.

Guangzhou Guanggang Gases and Energy 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 )
=319.598/1835.415
=17.41 %

Guangzhou Guanggang Gases and Energy 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 )
=45.526/525.622
=8.66 %

* 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.


Guangzhou Guanggang Gases and Energy Co  (SHSE:688548) 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.


Guangzhou Guanggang Gases and Energy Co Net Margin % Related Terms

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Guangzhou Guanggang Gases and Energy Co Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Honggang Road, Wanqingsha Town, Nansha, Guangdong, Guangzhou, CHN, 510380
Guangzhou Guanggang Gases and Energy Co Ltd is engaged in the research & development, production and sales of industrial gases with electronic bulk gases as the core. it is a domestic electronic bulk gas comprehensive service provider.
Executives
Deng Tao Director
Liu Qiong senior management

Guangzhou Guanggang Gases and Energy Co Headlines

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