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Zhongrun Resources Investment (SZSE:000506) Net Margin % : -59.81% (As of Mar. 2024)


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What is Zhongrun Resources Investment Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Zhongrun Resources Investment's Net Income for the three months ended in Mar. 2024 was ¥-29.9 Mil. Zhongrun Resources Investment's Revenue for the three months ended in Mar. 2024 was ¥50.0 Mil. Therefore, Zhongrun Resources Investment's net margin for the quarter that ended in Mar. 2024 was -59.81%.

The historical rank and industry rank for Zhongrun Resources Investment's Net Margin % or its related term are showing as below:

SZSE:000506' s Net Margin % Range Over the Past 10 Years
Min: -115.95   Med: -1.23   Max: 91.29
Current: 14.43


SZSE:000506's Net Margin % is ranked better than
66.48% of 1775 companies
in the Real Estate industry
Industry Median: 5.81 vs SZSE:000506: 14.43

Zhongrun Resources Investment Net Margin % Historical Data

The historical data trend for Zhongrun Resources Investment'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.

Zhongrun Resources Investment Net Margin % Chart

Zhongrun Resources Investment 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 -3.53 -115.95 -14.24 91.29 10.56

Zhongrun Resources Investment 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 -53.47 -52.49 241.86 -66.79 -59.81

Competitive Comparison of Zhongrun Resources Investment's Net Margin %

For the Real Estate - Development subindustry, Zhongrun Resources Investment'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.


Zhongrun Resources Investment's Net Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Zhongrun Resources Investment's Net Margin % distribution charts can be found below:

* The bar in red indicates where Zhongrun Resources Investment's Net Margin % falls into.



Zhongrun Resources Investment 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.

Zhongrun Resources Investment'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 )
=30.017/284.375
=10.56 %

Zhongrun Resources Investment'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 )
=-29.896/49.984
=-59.81 %

* 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.


Zhongrun Resources Investment  (SZSE:000506) 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.


Zhongrun Resources Investment Net Margin % Related Terms

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Zhongrun Resources Investment (SZSE:000506) Business Description

Traded in Other Exchanges
N/A
Address
No. 176 Shunhe Street, Shanghang Building, 31F, Shandong, Jinan, CHN, 250002
Zhongrun Resources Investment Corp is engaged in the mineral development and real estate investment. The mining minerals include gold, silver, and other non-ferrous metals.
Executives
Yang Zhan Wu Independent director
Shi Peng Directors, executives
Xiao Sui Ning Independent director
Liu Cheng Kun Directors, executives

Zhongrun Resources Investment (SZSE:000506) Headlines

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