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Wuxi Huadong Heavy Machinery Co (SZSE:002685) Net Margin % : 1.78% (As of Sep. 2024)


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What is Wuxi Huadong Heavy Machinery Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Wuxi Huadong Heavy Machinery Co's Net Income for the three months ended in Sep. 2024 was ¥7 Mil. Wuxi Huadong Heavy Machinery Co's Revenue for the three months ended in Sep. 2024 was ¥374 Mil. Therefore, Wuxi Huadong Heavy Machinery Co's net margin for the quarter that ended in Sep. 2024 was 1.78%.

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

SZSE:002685' s Net Margin % Range Over the Past 10 Years
Min: -120.85   Med: 1.41   Max: 3.09
Current: -64.08


SZSE:002685's Net Margin % is ranked worse than
95.19% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 5.62 vs SZSE:002685: -64.08

Wuxi Huadong Heavy Machinery Co Net Margin % Historical Data

The historical data trend for Wuxi Huadong Heavy Machinery 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.

Wuxi Huadong Heavy Machinery Co Net Margin % Chart

Wuxi Huadong Heavy Machinery 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 2.61 -14.04 -19.92 -12.10 -120.85

Wuxi Huadong Heavy Machinery Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -27.01 -470.93 13.71 1.55 1.78

Competitive Comparison of Wuxi Huadong Heavy Machinery Co's Net Margin %

For the Farm & Heavy Construction Machinery subindustry, Wuxi Huadong Heavy Machinery 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.


Wuxi Huadong Heavy Machinery Co's Net Margin % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Wuxi Huadong Heavy Machinery Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Wuxi Huadong Heavy Machinery Co's Net Margin % falls into.


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Wuxi Huadong Heavy Machinery 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.

Wuxi Huadong Heavy Machinery 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 )
=-811.002/671.06
=-120.85 %

Wuxi Huadong Heavy Machinery Co's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=6.667/373.858
=1.78 %

* 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.


Wuxi Huadong Heavy Machinery Co  (SZSE:002685) 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.


Wuxi Huadong Heavy Machinery Co Net Margin % Related Terms

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Wuxi Huadong Heavy Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
No. 508 Gaolang East Road, 24th Floor, Block B, Huafa Sensing Building, Binhu District, Wuxi, CHN, 214131
Wuxi Huadong Heavy Machinery Co Ltd is engaged in the manufacturing and distribution of container handling equipment. Its product portfolio comprises ship-to-shore container cranes, rail-mounted gantry container cranes, rubber-tyred container cranes, general gantry cranes, portal cranes and other types of cranes. These cranes are widely used in domestic seaports. Besides, The company also exported its products to South Korea, Indonesia, Thailand, Bangladesh, Kazakhstan and other South-east Asia and West Asia countries.
Executives
Zhu Zhi Guo Directors, executives
Sun Xin Wei Independent director
Zhou Wen Yuan Director
Xu Da Peng Director, representative of securities affairs
Weng Yao Gen Director
Chen Xiang Supervisors
Gu Wen Yuan Directors, executives
Weng Jie Directors, executives

Wuxi Huadong Heavy Machinery Co Headlines

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