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VT Industrial Technology Co (SZSE:300707) Net Margin % : 1.15% (As of Sep. 2024)


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What is VT Industrial Technology Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. VT Industrial Technology Co's Net Income for the three months ended in Sep. 2024 was ¥2.6 Mil. VT Industrial Technology Co's Revenue for the three months ended in Sep. 2024 was ¥223.5 Mil. Therefore, VT Industrial Technology Co's net margin for the quarter that ended in Sep. 2024 was 1.15%.

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

SZSE:300707' s Net Margin % Range Over the Past 10 Years
Min: 2.48   Med: 12.27   Max: 19.36
Current: 3.93


SZSE:300707's Net Margin % is ranked better than
55.64% of 1294 companies
in the Vehicles & Parts industry
Industry Median: 3.08 vs SZSE:300707: 3.93

VT Industrial Technology Co Net Margin % Historical Data

The historical data trend for VT Industrial 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.

VT Industrial Technology Co Net Margin % Chart

VT Industrial 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 9.11 5.73 6.76 7.01 2.48

VT Industrial Technology 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 2.07 2.46 9.39 2.25 1.15

Competitive Comparison of VT Industrial Technology Co's Net Margin %

For the Auto Parts subindustry, VT Industrial 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.


VT Industrial Technology Co's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, VT Industrial Technology Co's Net Margin % distribution charts can be found below:

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



VT Industrial 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.

VT Industrial 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 )
=20.316/819.145
=2.48 %

VT Industrial Technology 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 )
=2.561/223.546
=1.15 %

* 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.


VT Industrial Technology Co  (SZSE:300707) 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.


VT Industrial Technology Co Net Margin % Related Terms

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VT Industrial Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 32 Jianhong Road, Hongshan Street, New District, Jiangsu Province, Wuxi, CHN, 214145
VT Industrial Technology Co Ltd is the stamping dies supplier in the automotive industry. It is engaged in the design, research and development, manufacturing and sales of automotive stamping die, mainly for automakers and component manufacturers worldwide. At the same time, the company provides automotive stamping products to customers based on its own stamping die. Its product offering includes an exhaust system, instrumental panel, door components, seat component, multiphase steel, tailor rolled and welded steel.
Executives
Qian Guang Hong Director
Zhang Xi Liang Directors, executives
Zhu Yi Jia Executives
Zhao Zhi Dong Director

VT Industrial Technology Co Headlines

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