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Weihai Huadong Automation Co (SZSE:002248) Net Margin % : 6.71% (As of Mar. 2024)


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What is Weihai Huadong Automation Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Weihai Huadong Automation Co's Net Income for the three months ended in Mar. 2024 was ¥5.4 Mil. Weihai Huadong Automation Co's Revenue for the three months ended in Mar. 2024 was ¥80.5 Mil. Therefore, Weihai Huadong Automation Co's net margin for the quarter that ended in Mar. 2024 was 6.71%.

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

SZSE:002248' s Net Margin % Range Over the Past 10 Years
Min: -692.07   Med: -2.34   Max: 33.48
Current: -5.38


SZSE:002248's Net Margin % is ranked worse than
83.43% of 2969 companies
in the Industrial Products industry
Industry Median: 5.21 vs SZSE:002248: -5.38

Weihai Huadong Automation Co Net Margin % Historical Data

The historical data trend for Weihai Huadong Automation 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.

Weihai Huadong Automation Co Net Margin % Chart

Weihai Huadong Automation 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 16.51 -40.22 4.50 4.58 -5.81

Weihai Huadong Automation 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 6.78 4.35 1.93 -49.13 6.71

Competitive Comparison of Weihai Huadong Automation Co's Net Margin %

For the Specialty Industrial Machinery subindustry, Weihai Huadong Automation 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.


Weihai Huadong Automation Co's Net Margin % Distribution in the Industrial Products Industry

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

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



Weihai Huadong Automation 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.

Weihai Huadong Automation 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 )
=-16.242/279.343
=-5.81 %

Weihai Huadong Automation 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 )
=5.401/80.517
=6.71 %

* 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.


Weihai Huadong Automation Co  (SZSE:002248) 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.


Weihai Huadong Automation Co Net Margin % Related Terms

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Weihai Huadong Automation Co (SZSE:002248) Business Description

Traded in Other Exchanges
N/A
Address
No. 305 Huoju Road, High Technology Industrial Development Zone, Weihai, Shandong, CHN, 264209
Weihai Huadong Automation Co Ltd operates in the general equipment manufacturing industry. The company is engaged in an ordinary machine tool manufacturing business. The products of the company include CNC gantry milling and boring machine which include fixed beam fixed column, fixed beam moving a column, and moving beam moving the column, CNC floor boring and milling machine series, CNC vertical lathe, and horizontal machining center.
Executives
Zhao Su Xia Director
Lian Xiao Ming Director
Tang Xu Wei Executives
Liu Xu Hui Supervisors
Liu Bo Zhe Director
Tang Shi Xian Director
Gao He Ming Executives
Li Zhuang Directors, executives
Liu Chuan Jin Executives

Weihai Huadong Automation Co (SZSE:002248) Headlines

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