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Jointo Energy Investment Co Hebei (SZSE:000600) Net Margin % : 3.81% (As of Mar. 2024)


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What is Jointo Energy Investment Co Hebei Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Jointo Energy Investment Co Hebei's Net Income for the three months ended in Mar. 2024 was ¥252 Mil. Jointo Energy Investment Co Hebei's Revenue for the three months ended in Mar. 2024 was ¥6,608 Mil. Therefore, Jointo Energy Investment Co Hebei's net margin for the quarter that ended in Mar. 2024 was 3.81%.

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

SZSE:000600' s Net Margin % Range Over the Past 10 Years
Min: -14.7   Med: 3.84   Max: 21.24
Current: 2.77


SZSE:000600's Net Margin % is ranked worse than
72.57% of 514 companies
in the Utilities - Regulated industry
Industry Median: 7.905 vs SZSE:000600: 2.77

Jointo Energy Investment Co Hebei Net Margin % Historical Data

The historical data trend for Jointo Energy Investment Co Hebei'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.

Jointo Energy Investment Co Hebei Net Margin % Chart

Jointo Energy Investment Co Hebei 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 4.58 6.23 -14.70 0.58 0.88

Jointo Energy Investment Co Hebei 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 -2.64 6.28 3.29 -1.05 3.81

Competitive Comparison of Jointo Energy Investment Co Hebei's Net Margin %

For the Utilities - Regulated Electric subindustry, Jointo Energy Investment Co Hebei'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.


Jointo Energy Investment Co Hebei's Net Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Jointo Energy Investment Co Hebei's Net Margin % distribution charts can be found below:

* The bar in red indicates where Jointo Energy Investment Co Hebei's Net Margin % falls into.



Jointo Energy Investment Co Hebei 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.

Jointo Energy Investment Co Hebei'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 )
=167.001/18946.081
=0.88 %

Jointo Energy Investment Co Hebei'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 )
=251.549/6607.71
=3.81 %

* 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.


Jointo Energy Investment Co Hebei  (SZSE:000600) 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.


Jointo Energy Investment Co Hebei Net Margin % Related Terms

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Jointo Energy Investment Co Hebei (SZSE:000600) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Yuhua West Road, Yuyuan Plaza, Block A, 17th Floor, Hebei, Shijiazhuang, CHN, 050051
Jointo Energy Investment Co Ltd Hebei is engaged in the investment, construction, management, and energy production of energy projects.
Executives
Liu Hong Executives
Mi Da Bin Director
Wang Ting Liang Director
Bai Zhi Jun Executives
Dan Qun Ying Director
Wang Yong Zhong Director

Jointo Energy Investment Co Hebei (SZSE:000600) Headlines

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