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Shandong Longda Meishi Co (SZSE:002726) Net Margin % : 1.20% (As of Mar. 2024)


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What is Shandong Longda Meishi Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Shandong Longda Meishi Co's Net Income for the three months ended in Mar. 2024 was ¥30 Mil. Shandong Longda Meishi Co's Revenue for the three months ended in Mar. 2024 was ¥2,523 Mil. Therefore, Shandong Longda Meishi Co's net margin for the quarter that ended in Mar. 2024 was 1.20%.

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

SZSE:002726' s Net Margin % Range Over the Past 10 Years
Min: -12.37   Med: 2.37   Max: 4.27
Current: -12.37


SZSE:002726's Net Margin % is ranked worse than
86.84% of 1861 companies
in the Consumer Packaged Goods industry
Industry Median: 3.27 vs SZSE:002726: -12.37

Shandong Longda Meishi Co Net Margin % Historical Data

The historical data trend for Shandong Longda Meishi 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.

Shandong Longda Meishi Co Net Margin % Chart

Shandong Longda Meishi 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 1.43 3.76 -3.38 0.47 -11.55

Shandong Longda Meishi 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 0.61 -19.86 -0.72 -27.70 1.20

Competitive Comparison of Shandong Longda Meishi Co's Net Margin %

For the Packaged Foods subindustry, Shandong Longda Meishi 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.


Shandong Longda Meishi Co's Net Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shandong Longda Meishi Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Shandong Longda Meishi Co's Net Margin % falls into.



Shandong Longda Meishi 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.

Shandong Longda Meishi 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 )
=-1538.354/13318.473
=-11.55 %

Shandong Longda Meishi 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 )
=30.349/2523.177
=1.20 %

* 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.


Shandong Longda Meishi Co  (SZSE:002726) 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.


Shandong Longda Meishi Co Net Margin % Related Terms

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Shandong Longda Meishi Co (SZSE:002726) Business Description

Traded in Other Exchanges
N/A
Address
Food Industrial Park, Shandong Province, Laiyang, CHN, 265200
Shandong Longda Meishi Co Ltd is a Chinese company operating in the meat processing industry. It activities include pig breeding, feed production, pig breeding, slaughtering and cutting, and cooked food processing. The company's product portfolio comprises fresh frozen pork, low-temperature meat products, bulk sauce and halogen foods, among others.

Shandong Longda Meishi Co (SZSE:002726) Headlines

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