GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Zhongjian Technology Co Ltd (SZSE:002779) » Definitions » Net Margin %

Zhejiang Zhongjian Technology Co (SZSE:002779) Net Margin % : 11.38% (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Zhejiang Zhongjian Technology Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Zhejiang Zhongjian Technology Co's Net Income for the three months ended in Mar. 2024 was ¥31.0 Mil. Zhejiang Zhongjian Technology Co's Revenue for the three months ended in Mar. 2024 was ¥272.4 Mil. Therefore, Zhejiang Zhongjian Technology Co's net margin for the quarter that ended in Mar. 2024 was 11.38%.

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

SZSE:002779' s Net Margin % Range Over the Past 10 Years
Min: -6.12   Med: 5.36   Max: 11.19
Current: 7.52


SZSE:002779's Net Margin % is ranked better than
62.85% of 2972 companies
in the Industrial Products industry
Industry Median: 5.075 vs SZSE:002779: 7.52

Zhejiang Zhongjian Technology Co Net Margin % Historical Data

The historical data trend for Zhejiang Zhongjian Technology 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 Zhongjian Technology Co Net Margin % Chart

Zhejiang Zhongjian Technology 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 1.97 -6.12 2.31 5.34 7.21

Zhejiang Zhongjian Technology 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 11.92 12.40 5.56 -0.72 11.38

Competitive Comparison of Zhejiang Zhongjian Technology Co's Net Margin %

For the Tools & Accessories subindustry, Zhejiang Zhongjian Technology 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 Zhongjian Technology Co's Net Margin % Distribution in the Industrial Products Industry

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

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



Zhejiang Zhongjian Technology 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 Zhongjian Technology 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 )
=48.094/666.619
=7.21 %

Zhejiang Zhongjian Technology 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 )
=31.006/272.42
=11.38 %

* 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 Zhongjian Technology Co  (SZSE:002779) 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 Zhongjian Technology Co Net Margin % Related Terms

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


Zhejiang Zhongjian Technology Co (SZSE:002779) Business Description

Traded in Other Exchanges
N/A
Address
10 MingYuan Nan Avenue, Economic Development Zone, Zhejiang Province, Yongkang, CHN, 321300
Zhejiang Zhongjian Technology Co Ltd is engaged in the research and development, design, manufacture, and sales of garden machinery and portable digital generators. Its products include Chainsaw, Hedge trimmer, Mounted lawn mowers, Brush cutter, Fans, Portable digital generator, and Lithium-ion products. Chain saw is used for logging and timber production. The hedge trimmer is used for garden flowers, forest conservation, tea care, and professional trimming of hedges along various roads.

Zhejiang Zhongjian Technology Co (SZSE:002779) Headlines

No Headlines