GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Sanhua Intelligent Controls Co Ltd (SZSE:002050) » Definitions » Net Margin %

Zhejiangnhua Intelligent Controls Co (SZSE:002050) Net Margin % : 10.06% (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Zhejiangnhua Intelligent Controls Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Zhejiangnhua Intelligent Controls Co's Net Income for the three months ended in Mar. 2024 was ¥648 Mil. Zhejiangnhua Intelligent Controls Co's Revenue for the three months ended in Mar. 2024 was ¥6,440 Mil. Therefore, Zhejiangnhua Intelligent Controls Co's net margin for the quarter that ended in Mar. 2024 was 10.06%.

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

SZSE:002050' s Net Margin % Range Over the Past 10 Years
Min: 8.55   Med: 11.99   Max: 12.94
Current: 11.72


SZSE:002050's Net Margin % is ranked better than
79.27% of 2962 companies
in the Industrial Products industry
Industry Median: 5.205 vs SZSE:002050: 11.72

Zhejiangnhua Intelligent Controls Co Net Margin % Historical Data

The historical data trend for Zhejiangnhua Intelligent Controls 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.

Zhejiangnhua Intelligent Controls Co Net Margin % Chart

Zhejiangnhua Intelligent Controls 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 12.59 12.07 10.51 12.05 11.89

Zhejiangnhua Intelligent Controls 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 10.59 11.58 11.86 13.64 10.06

Competitive Comparison of Zhejiangnhua Intelligent Controls Co's Net Margin %

For the Specialty Industrial Machinery subindustry, Zhejiangnhua Intelligent Controls 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.


Zhejiangnhua Intelligent Controls Co's Net Margin % Distribution in the Industrial Products Industry

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

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



Zhejiangnhua Intelligent Controls 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.

Zhejiangnhua Intelligent Controls 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 )
=2920.993/24557.802
=11.89 %

Zhejiangnhua Intelligent Controls 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 )
=647.742/6439.559
=10.06 %

* 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.


Zhejiangnhua Intelligent Controls Co  (SZSE:002050) 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.


Zhejiangnhua Intelligent Controls Co Net Margin % Related Terms

Thank you for viewing the detailed overview of Zhejiangnhua Intelligent Controls Co's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiangnhua Intelligent Controls Co (SZSE:002050) Business Description

Traded in Other Exchanges
N/A
Address
Xiali Street, Qixing Street, Xinchang County, Zhejiang Province, Shaoxing, CHN, 312500
Zhejiang Sanhua Intelligent Controls Co Ltd is an HVAC&R manufacturer of controls and components. It is engaged in the research and development, manufacture and distribution of refrigeration and air-conditioning control components, which include 4-way reversing valves, solenoid valves, and electronic expansion valves. The products offered by the company are standard controls and line components, customized controls and line components, electronic controls, and micro-channel heat exchanger. The products have application in air conditioning, commercial refrigeration, heat pump and home appliances. The organization supplies its products in China and internationally.
Executives
Ni Xiao Ming Director
Hu Kai Cheng Secretary Dong
Wang Da Yong Directors, executives
Yu Ying Kui Executives
Zhang Ya Bo Directors, executives
Chen Xiao Ming Supervisors
Chen Yu Zhong Directors, executives
Wang Yu Tong Securities Affairs Representative
Weng Wei Feng Supervisors
Shi Chu Liang Director
Liu Fei Executives
Du An Lin Executives
Li Wen Xiang Director
Yu Shu Li Director

Zhejiangnhua Intelligent Controls Co (SZSE:002050) Headlines

No Headlines