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Huafon Chemical Co (SZSE:002064) Net Margin % : 10.27% (As of Mar. 2024)


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What is Huafon Chemical Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Huafon Chemical Co's Net Income for the three months ended in Mar. 2024 was ¥683 Mil. Huafon Chemical Co's Revenue for the three months ended in Mar. 2024 was ¥6,657 Mil. Therefore, Huafon Chemical Co's net margin for the quarter that ended in Mar. 2024 was 10.27%.

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

SZSE:002064' s Net Margin % Range Over the Past 10 Years
Min: -10.68   Med: 11.9   Max: 27.98
Current: 9.46


SZSE:002064's Net Margin % is ranked better than
74.39% of 1527 companies
in the Chemicals industry
Industry Median: 4.17 vs SZSE:002064: 9.46

Huafon Chemical Co Net Margin % Historical Data

The historical data trend for Huafon Chemical 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.

Huafon Chemical Co Net Margin % Chart

Huafon Chemical 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 13.36 15.48 27.98 10.99 9.42

Huafon Chemical 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 10.20 11.31 8.07 8.31 10.27

Competitive Comparison of Huafon Chemical Co's Net Margin %

For the Specialty Chemicals subindustry, Huafon Chemical 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.


Huafon Chemical Co's Net Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Huafon Chemical Co's Net Margin % distribution charts can be found below:

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



Huafon Chemical 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.

Huafon Chemical 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 )
=2478.464/26298.461
=9.42 %

Huafon Chemical 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 )
=683.442/6656.787
=10.27 %

* 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.


Huafon Chemical Co  (SZSE:002064) 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.


Huafon Chemical Co Net Margin % Related Terms

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Huafon Chemical Co (SZSE:002064) Business Description

Traded in Other Exchanges
N/A
Address
Xincheng Town Industrial Park, Zhejiang Province, Ruian, CHN, 325200
Huafon Chemical Co Ltd is a China-based company engaged in the production sales of spandex fiber, polyurethane stock solution and refined adipic acid.
Executives
Li Yi Lun Secretary, Director
Pan Ji Chu Directors, executives
Yu Zhi Li Executives
Xu Ning Executives
Xi Qing Executives
You Xiao Ping Director
Xu Shu Yuan Executives
Lin Jian Yi Director
Zhuo Rui Mian Supervisors
Chen Lin Zhen Director
You Jin Ming Supervisors
Yang Qing Wen Director
Yang Cong Deng Directors, executives
Duan Wei Dong Supervisors

Huafon Chemical Co (SZSE:002064) Headlines

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