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Nantong Guosheng Intelligence Technology Group Co (SHSE:688558) Net Margin % : 10.81% (As of Mar. 2024)


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What is Nantong Guosheng Intelligence Technology Group Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Nantong Guosheng Intelligence Technology Group Co's Net Income for the three months ended in Mar. 2024 was ¥27 Mil. Nantong Guosheng Intelligence Technology Group Co's Revenue for the three months ended in Mar. 2024 was ¥246 Mil. Therefore, Nantong Guosheng Intelligence Technology Group Co's net margin for the quarter that ended in Mar. 2024 was 10.81%.

The historical rank and industry rank for Nantong Guosheng Intelligence Technology Group Co's Net Margin % or its related term are showing as below:

SHSE:688558' s Net Margin % Range Over the Past 10 Years
Min: 12.23   Med: 13.97   Max: 17.64
Current: 12.23


SHSE:688558's Net Margin % is ranked better than
80.83% of 2968 companies
in the Industrial Products industry
Industry Median: 5.215 vs SHSE:688558: 12.23

Nantong Guosheng Intelligence Technology Group Co Net Margin % Historical Data

The historical data trend for Nantong Guosheng Intelligence Technology Group 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.

Nantong Guosheng Intelligence Technology Group Co Net Margin % Chart

Nantong Guosheng Intelligence Technology Group 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 12.68 16.35 17.64 15.95 12.92

Nantong Guosheng Intelligence Technology Group 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 13.83 15.66 11.11 10.70 10.81

Competitive Comparison of Nantong Guosheng Intelligence Technology Group Co's Net Margin %

For the Specialty Industrial Machinery subindustry, Nantong Guosheng Intelligence Technology Group 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.


Nantong Guosheng Intelligence Technology Group Co's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nantong Guosheng Intelligence Technology Group Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Nantong Guosheng Intelligence Technology Group Co's Net Margin % falls into.



Nantong Guosheng Intelligence Technology Group 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.

Nantong Guosheng Intelligence Technology Group 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 )
=142.675/1104.118
=12.92 %

Nantong Guosheng Intelligence Technology Group 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 )
=26.553/245.638
=10.81 %

* 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.


Nantong Guosheng Intelligence Technology Group Co  (SHSE:688558) 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.


Nantong Guosheng Intelligence Technology Group Co Net Margin % Related Terms

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Nantong Guosheng Intelligence Technology Group Co (SHSE:688558) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Yongtong Road, Gangzha Economic Development Zone, Jiangsu Province, Nantong, CHN, 226003
Nantong Guosheng Intelligence Technology Group Co Ltd is engaged in production and sales of metal cutting mid-to-high-end CNC machine tools and intelligent automated production lines. The company's products include MVL vertical machining center; GMF Longmen Machining Center; VM/GMS mold processing center; GMF pentahedron machining center; GMF/GMB/MX five-axis machining center; HME inverted T type/DHM positive T type horizontal plus; DBM horizontal boring and milling machining center; IHT CNC horizontal lathe; and IVT CNC vertical lathe. It focuses on application scenarios and personalized needs of customers in the fields of downstream precision molds, new energy, aerospace, rail transportation, 3D printing, industrial valves and other fields.

Nantong Guosheng Intelligence Technology Group Co (SHSE:688558) Headlines

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