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Changchai Co (SZSE:000570) Net Margin % : 3.87% (As of Mar. 2024)


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What is Changchai Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Changchai Co's Net Income for the three months ended in Mar. 2024 was ¥32 Mil. Changchai Co's Revenue for the three months ended in Mar. 2024 was ¥836 Mil. Therefore, Changchai Co's net margin for the quarter that ended in Mar. 2024 was 3.87%.

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

SZSE:000570' s Net Margin % Range Over the Past 10 Years
Min: 1.22   Med: 2.78   Max: 5.11
Current: 5.11


SZSE:000570's Net Margin % is ranked worse than
50.54% of 2968 companies
in the Industrial Products industry
Industry Median: 5.22 vs SZSE:000570: 5.11

Changchai Co Net Margin % Historical Data

The historical data trend for Changchai 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.

Changchai Co Net Margin % Chart

Changchai 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 1.22 2.28 4.20 3.51 5.03

Changchai 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 3.40 16.68 5.44 -13.96 3.87

Competitive Comparison of Changchai Co's Net Margin %

For the Specialty Industrial Machinery subindustry, Changchai 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.


Changchai Co's Net Margin % Distribution in the Industrial Products Industry

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

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



Changchai 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.

Changchai 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 )
=108.496/2155.699
=5.03 %

Changchai 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 )
=32.383/836.48
=3.87 %

* 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.


Changchai Co  (SZSE:000570) 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.


Changchai Co Net Margin % Related Terms

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Changchai Co (SZSE:000570) Business Description

Traded in Other Exchanges
Address
123 Huaide Middle Road, Jiangsu Province, Changzhou, CHN, 213002
Changchai Co Ltd is a China-based company engaged in the manufacture and distribution of diesel engines and related spare parts. The company specializes in the manufacture and sale of diesel engines, diesel engine fittings, and castings, gasoline engines, gasoline engine fittings, cereal harvesting machinery, rotovators, walking tractors, molds, and jigs as well as the assembly and sale of the diesel engine and gasoline engine supporting sets. It mainly manufactures and sells small and medium-sized single-cylinder and multi-cylinder diesel engines under the brand of Changchai, which are often used in tractors, combine-harvesters, light commercial vehicles, agriculture equipment, small-sized engineering machinery, generator sets, and ship machines.
Executives
Xu Qian Director
Zhang Jun Yuan Director
Wu Ke Yun Supervisors
Lu Gang Director
Lv Wei Min Supervisors
Lu Zhong Gui Supervisors

Changchai Co (SZSE:000570) Headlines

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