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Changhong Huayi Compressor Co (SZSE:000404) Net Margin % : 2.39% (As of Mar. 2024)


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What is Changhong Huayi Compressor Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Changhong Huayi Compressor Co's Net Income for the three months ended in Mar. 2024 was ¥80 Mil. Changhong Huayi Compressor Co's Revenue for the three months ended in Mar. 2024 was ¥3,341 Mil. Therefore, Changhong Huayi Compressor Co's net margin for the quarter that ended in Mar. 2024 was 2.39%.

The historical rank and industry rank for Changhong Huayi Compressor Co's Net Margin % or its related term are showing as below:

SZSE:000404' s Net Margin % Range Over the Past 10 Years
Min: 0.32   Med: 1.71   Max: 3.62
Current: 3.16


SZSE:000404's Net Margin % is ranked worse than
61.46% of 2968 companies
in the Industrial Products industry
Industry Median: 5.215 vs SZSE:000404: 3.16

Changhong Huayi Compressor Co Net Margin % Historical Data

The historical data trend for Changhong Huayi Compressor 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.

Changhong Huayi Compressor Co Net Margin % Chart

Changhong Huayi Compressor 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 0.32 1.11 1.40 2.01 2.81

Changhong Huayi Compressor 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 1.49 2.91 3.69 4.03 2.39

Competitive Comparison of Changhong Huayi Compressor Co's Net Margin %

For the Specialty Industrial Machinery subindustry, Changhong Huayi Compressor 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.


Changhong Huayi Compressor Co's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changhong Huayi Compressor Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Changhong Huayi Compressor Co's Net Margin % falls into.



Changhong Huayi Compressor 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.

Changhong Huayi Compressor 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 )
=362.159/12889.012
=2.81 %

Changhong Huayi Compressor 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 )
=79.922/3340.525
=2.39 %

* 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.


Changhong Huayi Compressor Co  (SZSE:000404) 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.


Changhong Huayi Compressor Co Net Margin % Related Terms

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Changhong Huayi Compressor Co (SZSE:000404) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Changhong Avenue, Gaoxin Development Zone, Jingdezhen, Jiangxi, CHN, 333001
Changhong Huayi Compressor Co Ltd is a China-based company that develops and produces various types of compressors such as refrigerators, freezers, water dispensers, ice machines, and dehumidifiers. The company has established partnerships for the purpose of sales with domestic and foreign refrigerator companies such as Haier, Hisense, Midea, Meiling and Germany Bosch-Siemens, Sweden Electrolux, Italy Yixixi, Spain Fagor, Liebherr, Samsung, Toshiba.
Executives
Yang Fan Executives
Shi Qiang Secretary, Director
Yu Wan Chun Executives
Chen Si Yuan Supervisors
Zhang Qin Jian Directors, executives
Yang Xiu Biao Director
Xiao Wen Yi Directors, executives
He Cheng Zhi Executives
Pang Hai Tao Executives
Fu Nian Ping Director
Wu Wei Yu Directors, executives
Cha Chun Xia Supervisors
Wang Guo Qing Executives
Wu Jing Hua Executives
Zhu Jin Song Directors, executives

Changhong Huayi Compressor Co (SZSE:000404) Headlines

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