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Western Securities Co (SZSE:002673) Net Margin % : 12.30% (As of Mar. 2024)


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What is Western Securities Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Western Securities Co's Net Income for the three months ended in Mar. 2024 was ¥196 Mil. Western Securities Co's Revenue for the three months ended in Mar. 2024 was ¥1,595 Mil. Therefore, Western Securities Co's net margin for the quarter that ended in Mar. 2024 was 12.30%.

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

SZSE:002673' s Net Margin % Range Over the Past 10 Years
Min: 8.11   Med: 21.24   Max: 34.97
Current: 15.05


SZSE:002673's Net Margin % is ranked better than
51.76% of 769 companies
in the Capital Markets industry
Industry Median: 13.77 vs SZSE:002673: 15.05

Western Securities Co Net Margin % Historical Data

The historical data trend for Western Securities 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.

Western Securities Co Net Margin % Chart

Western Securities 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 16.50 21.56 20.91 8.11 16.93

Western Securities 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 19.76 16.75 9.08 24.93 12.30

Competitive Comparison of Western Securities Co's Net Margin %

For the Capital Markets subindustry, Western Securities 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.


Western Securities Co's Net Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Western Securities Co's Net Margin % distribution charts can be found below:

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



Western Securities 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.

Western Securities 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 )
=1165.704/6885.182
=16.93 %

Western Securities 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 )
=196.225/1595.303
=12.30 %

* 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.


Western Securities Co  (SZSE:002673) 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.


Western Securities Co Net Margin % Related Terms

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Western Securities Co (SZSE:002673) Business Description

Traded in Other Exchanges
N/A
Address
No. 319, Dongxin Street, Room 10000, Building 8, Xincheng District, Shaanxi, Xian, CHN, 710004
Western Securities Co Ltd is a securities institution in northwest China. It offers securities brokerage, investment banking, asset management, securities research, and securities financing and margin services, as well as independent services. Geographically all the activities are carried out through China.
Executives
Duan Ya Lin Independent director
Huang Bin Secretary Dong
Wang Shang Gan Supervisors
Zhuang Qi Fei Director
Chen Bao Min Supervisors
Qiu Xu Dong Executives

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