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Yingde Greatchem Chemicals Co (SZSE:300804) Net Margin % : 9.92% (As of Mar. 2024)


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What is Yingde Greatchem Chemicals Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Yingde Greatchem Chemicals Co's Net Income for the three months ended in Mar. 2024 was ¥17.7 Mil. Yingde Greatchem Chemicals Co's Revenue for the three months ended in Mar. 2024 was ¥178.1 Mil. Therefore, Yingde Greatchem Chemicals Co's net margin for the quarter that ended in Mar. 2024 was 9.92%.

The historical rank and industry rank for Yingde Greatchem Chemicals Co's Net Margin % or its related term are showing as below:

SZSE:300804' s Net Margin % Range Over the Past 10 Years
Min: -3.92   Med: 14.83   Max: 18.54
Current: 5.03


SZSE:300804's Net Margin % is ranked better than
56.25% of 240 companies
in the Agriculture industry
Industry Median: 3.615 vs SZSE:300804: 5.03

Yingde Greatchem Chemicals Co Net Margin % Historical Data

The historical data trend for Yingde Greatchem Chemicals 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.

Yingde Greatchem Chemicals Co Net Margin % Chart

Yingde Greatchem Chemicals Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial -3.92 15.42 15.08 14.57 6.07

Yingde Greatchem Chemicals Co Quarterly Data
Dec18 Dec19 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 13.92 6.14 -8.75 7.21 9.92

Competitive Comparison of Yingde Greatchem Chemicals Co's Net Margin %

For the Agricultural Inputs subindustry, Yingde Greatchem Chemicals 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.


Yingde Greatchem Chemicals Co's Net Margin % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Yingde Greatchem Chemicals Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Yingde Greatchem Chemicals Co's Net Margin % falls into.



Yingde Greatchem Chemicals 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.

Yingde Greatchem Chemicals 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 )
=30.071/495.011
=6.07 %

Yingde Greatchem Chemicals 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 )
=17.67/178.059
=9.92 %

* 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.


Yingde Greatchem Chemicals Co  (SZSE:300804) 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.


Yingde Greatchem Chemicals Co Net Margin % Related Terms

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Yingde Greatchem Chemicals Co (SZSE:300804) Business Description

Traded in Other Exchanges
N/A
Address
Agrochemical Industry Chain Dedicated Base, Hongfeng Management District, Shakou Town, Guangdong Province, Yingde, CHN, 513052
Yingde Greatchem Chemicals Co Ltd is a designated enterprise for the production of agrochemicals in China who is mainly in charge the development, production and sales for the intermediates, technical grades and formulations of agrochemicals.

Yingde Greatchem Chemicals Co (SZSE:300804) Headlines

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