GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhejiang Century Huatong Group Co Ltd (SZSE:002602) » Definitions » Net Margin %

Zhejiang Century Huatong Group Co (SZSE:002602) Net Margin % : 15.29% (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Zhejiang Century Huatong Group Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Zhejiang Century Huatong Group Co's Net Income for the three months ended in Mar. 2024 was ¥652 Mil. Zhejiang Century Huatong Group Co's Revenue for the three months ended in Mar. 2024 was ¥4,262 Mil. Therefore, Zhejiang Century Huatong Group Co's net margin for the quarter that ended in Mar. 2024 was 15.29%.

The historical rank and industry rank for Zhejiang Century Huatong Group Co's Net Margin % or its related term are showing as below:

SZSE:002602' s Net Margin % Range Over the Past 10 Years
Min: -61.8   Med: 14.03   Max: 22.42
Current: 5.11


SZSE:002602's Net Margin % is ranked better than
63.28% of 1288 companies
in the Vehicles & Parts industry
Industry Median: 3.395 vs SZSE:002602: 5.11

Zhejiang Century Huatong Group Co Net Margin % Historical Data

The historical data trend for Zhejiang Century Huatong Group 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.

Zhejiang Century Huatong Group Co Net Margin % Chart

Zhejiang Century Huatong Group 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 15.56 19.66 16.70 -61.80 3.94

Zhejiang Century Huatong Group 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 14.34 14.36 15.01 -25.88 15.29

Competitive Comparison of Zhejiang Century Huatong Group Co's Net Margin %

For the Auto Parts subindustry, Zhejiang Century Huatong Group 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.


Zhejiang Century Huatong Group Co's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Century Huatong Group Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Zhejiang Century Huatong Group Co's Net Margin % falls into.



Zhejiang Century Huatong Group 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.

Zhejiang Century Huatong Group 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 )
=524.045/13284.553
=3.94 %

Zhejiang Century Huatong Group 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 )
=651.512/4261.61
=15.29 %

* 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.


Zhejiang Century Huatong Group Co  (SZSE:002602) 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.


Zhejiang Century Huatong Group Co Net Margin % Related Terms

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


Zhejiang Century Huatong Group Co (SZSE:002602) Business Description

Traded in Other Exchanges
N/A
Address
439 West Renmin Road, Shangyu Economic and Development Zone, Shangyu, Zhejiang, CHN, 312300
Zhejiang Century Huatong Group Co Ltd is a China-based company engages in the production and distribution of auto parts. It is engaged in automotive plastic parts, metal stamping, photovoltaic packaging materials and non-ferrous die casting products. Its products include engine cooling; heating, ventilation, and air conditioning; lighting; interior and exterior systems; and safety system. The company distributes its products within domestic market and to overseas markets.
Executives
Huang Yi Directors, executives
Xie Fei Executives
Wang Ji Directors, executives
Shao Heng Directors, executives
Wang Miao Tong Director
Wang Zhe Feng Supervisors
Xie De Yuan Directors, executives
Wang Juan Zhen Director
Wang Miao Xin Executives

Zhejiang Century Huatong Group Co (SZSE:002602) Headlines

No Headlines