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Anhui Shenjian New Materials Co (SZSE:002361) Net Margin % : 1.73% (As of Jun. 2024)


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What is Anhui Shenjian New Materials Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Anhui Shenjian New Materials Co's Net Income for the three months ended in Jun. 2024 was ¥11 Mil. Anhui Shenjian New Materials Co's Revenue for the three months ended in Jun. 2024 was ¥618 Mil. Therefore, Anhui Shenjian New Materials Co's net margin for the quarter that ended in Jun. 2024 was 1.73%.

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

SZSE:002361' s Net Margin % Range Over the Past 10 Years
Min: 0.88   Med: 5.25   Max: 11.95
Current: 0.88


SZSE:002361's Net Margin % is ranked worse than
70.33% of 1537 companies
in the Chemicals industry
Industry Median: 4.18 vs SZSE:002361: 0.88

Anhui Shenjian New Materials Co Net Margin % Historical Data

The historical data trend for Anhui Shenjian New Materials 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.

Anhui Shenjian New Materials Co Net Margin % Chart

Anhui Shenjian New Materials 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 6.02 4.48 3.25 1.07 0.99

Anhui Shenjian New Materials Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.31 0.74 -0.13 1.43 1.73

Competitive Comparison of Anhui Shenjian New Materials Co's Net Margin %

For the Specialty Chemicals subindustry, Anhui Shenjian New Materials 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.


Anhui Shenjian New Materials Co's Net Margin % Distribution in the Chemicals Industry

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

* The bar in red indicates where Anhui Shenjian New Materials Co's Net Margin % falls into.



Anhui Shenjian New Materials 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.

Anhui Shenjian New Materials 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 )
=25.438/2571.056
=0.99 %

Anhui Shenjian New Materials Co's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=10.73/618.486
=1.73 %

* 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.


Anhui Shenjian New Materials Co  (SZSE:002361) 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.


Anhui Shenjian New Materials Co Net Margin % Related Terms

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Anhui Shenjian New Materials Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Baoshun Road, Qiaobei Industrial Park, Wuhu Economic and Technological Development Zone, Anhui Province, Wuhu, CHN, 241008
Anhui Shenjian New Materials Co Ltd is a China-based company engaged in producing and selling polyester resin series products for powder coatings in the field of new chemical materials. The products of the company include mixed terminal carboxyl polyester, outdoor type carboxylated polyester and PU curable resins. The company sells its products in China and other international countries.
Executives
Liu Zhi Jian Directors, executives
Li Bao Cai Directors, Directors, and Executives
Lu Guo Ping Independent director
Chen Shou Wu Director
Wu De Qing Supervisors
Lu Guo Ping Independent director
Wang Xue Liang Directors, executives
Wang Min Xue Directors, Directors, and Executives
Jia Tu Gang Supervisors

Anhui Shenjian New Materials Co Headlines

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