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Zhejiang Yilida Ventilator Co (SZSE:002686) Net Margin % : 3.92% (As of Mar. 2024)


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What is Zhejiang Yilida Ventilator Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Zhejiang Yilida Ventilator Co's Net Income for the three months ended in Mar. 2024 was ¥11 Mil. Zhejiang Yilida Ventilator Co's Revenue for the three months ended in Mar. 2024 was ¥280 Mil. Therefore, Zhejiang Yilida Ventilator Co's net margin for the quarter that ended in Mar. 2024 was 3.92%.

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

SZSE:002686' s Net Margin % Range Over the Past 10 Years
Min: -30.01   Med: 2.13   Max: 12.14
Current: 1.59


SZSE:002686's Net Margin % is ranked worse than
70.02% of 2969 companies
in the Industrial Products industry
Industry Median: 5.21 vs SZSE:002686: 1.59

Zhejiang Yilida Ventilator Co Net Margin % Historical Data

The historical data trend for Zhejiang Yilida Ventilator 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 Yilida Ventilator Co Net Margin % Chart

Zhejiang Yilida Ventilator 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 -30.01 1.69 2.26 2.00 1.29

Zhejiang Yilida Ventilator 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 2.22 5.31 5.76 -7.54 3.92

Competitive Comparison of Zhejiang Yilida Ventilator Co's Net Margin %

For the Specialty Industrial Machinery subindustry, Zhejiang Yilida Ventilator 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 Yilida Ventilator Co's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Yilida Ventilator Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Zhejiang Yilida Ventilator Co's Net Margin % falls into.



Zhejiang Yilida Ventilator 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 Yilida Ventilator 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 )
=20.607/1599.987
=1.29 %

Zhejiang Yilida Ventilator 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 )
=10.996/280.438
=3.92 %

* 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 Yilida Ventilator Co  (SZSE:002686) 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 Yilida Ventilator Co Net Margin % Related Terms

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Zhejiang Yilida Ventilator Co (SZSE:002686) Business Description

Traded in Other Exchanges
N/A
Address
Hengjie,luqiao District, Taizhou City, CHN, 318056
Zhejiang Yilida Ventilator Co Ltd is a manufacturer of energy-consuming products. The company is mainly engaged in the development and production of air-conditioning and engineering fans. The company's brands include yilida, Wolter, Fu Lihua and Mal. It supplies air moving products to the major heating, ventilation, and air conditioning companies worldwide. Its products are widely used in the commercial buildings including supply and exhaust, AHU, smoke extraction and fire safety applications.
Executives
Jiang Lan Executives
Chen Xin Quan Director
Luo Yang Qian Securities Affairs Representative
Huang Can Director
Xu Xiao Bo Supervisors
Li Jun Zhou Directors, executives

Zhejiang Yilida Ventilator Co (SZSE:002686) Headlines

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