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TJK Machinery (Tianjin) Co (SZSE:300823) Net Margin % : 11.19% (As of Mar. 2024)


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What is TJK Machinery (Tianjin) Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. TJK Machinery (Tianjin) Co's Net Income for the three months ended in Mar. 2024 was ¥10.9 Mil. TJK Machinery (Tianjin) Co's Revenue for the three months ended in Mar. 2024 was ¥97.4 Mil. Therefore, TJK Machinery (Tianjin) Co's net margin for the quarter that ended in Mar. 2024 was 11.19%.

The historical rank and industry rank for TJK Machinery (Tianjin) Co's Net Margin % or its related term are showing as below:

SZSE:300823' s Net Margin % Range Over the Past 10 Years
Min: 4.34   Med: 14.13   Max: 19.25
Current: 11.93


SZSE:300823's Net Margin % is ranked better than
79.65% of 2973 companies
in the Industrial Products industry
Industry Median: 5.11 vs SZSE:300823: 11.93

TJK Machinery (Tianjin) Co Net Margin % Historical Data

The historical data trend for TJK Machinery (Tianjin) 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.

TJK Machinery (Tianjin) Co Net Margin % Chart

TJK Machinery (Tianjin) 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 17.71 19.25 18.82 8.10 12.48

TJK Machinery (Tianjin) 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 13.86 7.46 14.71 13.60 11.19

Competitive Comparison of TJK Machinery (Tianjin) Co's Net Margin %

For the Specialty Industrial Machinery subindustry, TJK Machinery (Tianjin) 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.


TJK Machinery (Tianjin) Co's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, TJK Machinery (Tianjin) Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where TJK Machinery (Tianjin) Co's Net Margin % falls into.



TJK Machinery (Tianjin) 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.

TJK Machinery (Tianjin) 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 )
=57.54/460.951
=12.48 %

TJK Machinery (Tianjin) 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 )
=10.894/97.398
=11.19 %

* 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.


TJK Machinery (Tianjin) Co  (SZSE:300823) 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.


TJK Machinery (Tianjin) Co Net Margin % Related Terms

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TJK Machinery (Tianjin) Co (SZSE:300823) Business Description

Traded in Other Exchanges
N/A
Address
No. 7 Wuwei Road, Lugang Logistics Equipment Industrial Park, Beichen District, Tianjin, CHN, 300408
TJK Machinery (Tianjin) Co Ltd is engaged in the research and development, design, production and sales of high-end CNC steel bar processing equipment and provides overall solutions for CNC steel bar processing. The company's products are used in high-speed railways, highways, bridges and tunnels, rail transit, underground pipeline corridors, nuclear power, hydropower and other large-scale infrastructure construction and assembly buildings, steel processing and distribution centers and other fields.

TJK Machinery (Tianjin) Co (SZSE:300823) Headlines

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