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Xiangyang Boya Precision Industrial Equipments Co (SZSE:300971) Net Margin % : 9.95% (As of Sep. 2024)


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What is Xiangyang Boya Precision Industrial Equipments Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Xiangyang Boya Precision Industrial Equipments Co's Net Income for the three months ended in Sep. 2024 was ¥8.7 Mil. Xiangyang Boya Precision Industrial Equipments Co's Revenue for the three months ended in Sep. 2024 was ¥87.1 Mil. Therefore, Xiangyang Boya Precision Industrial Equipments Co's net margin for the quarter that ended in Sep. 2024 was 9.95%.

The historical rank and industry rank for Xiangyang Boya Precision Industrial Equipments Co's Net Margin % or its related term are showing as below:

SZSE:300971' s Net Margin % Range Over the Past 10 Years
Min: 1.49   Med: 18.2   Max: 24.58
Current: 15.85


SZSE:300971's Net Margin % is ranked better than
89.12% of 2969 companies
in the Industrial Products industry
Industry Median: 4.98 vs SZSE:300971: 15.85

Xiangyang Boya Precision Industrial Equipments Co Net Margin % Historical Data

The historical data trend for Xiangyang Boya Precision Industrial Equipments 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.

Xiangyang Boya Precision Industrial Equipments Co Net Margin % Chart

Xiangyang Boya Precision Industrial Equipments Co Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only 24.58 23.01 21.85 14.93 15.49

Xiangyang Boya Precision Industrial Equipments 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 8.54 20.05 18.22 13.70 9.95

Competitive Comparison of Xiangyang Boya Precision Industrial Equipments Co's Net Margin %

For the Metal Fabrication subindustry, Xiangyang Boya Precision Industrial Equipments 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.


Xiangyang Boya Precision Industrial Equipments Co's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xiangyang Boya Precision Industrial Equipments Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Xiangyang Boya Precision Industrial Equipments Co's Net Margin % falls into.



Xiangyang Boya Precision Industrial Equipments 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.

Xiangyang Boya Precision Industrial Equipments 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 )
=66.258/427.699
=15.49 %

Xiangyang Boya Precision Industrial Equipments 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 )
=8.67/87.132
=9.95 %

* 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.


Xiangyang Boya Precision Industrial Equipments Co  (SZSE:300971) 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.


Xiangyang Boya Precision Industrial Equipments Co Net Margin % Related Terms

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Xiangyang Boya Precision Industrial Equipments Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Tianlai Avenue, High-tech Industrial Development Zone, Hubei Province, Xiangyang, CHN, 441004
Xiangyang Boya Precision Industrial Equipments Co Ltd is engaged in the research and development, production, and sales of precision equipment for sheet and strip forming and key parts and special equipment supporting parts.
Executives
Zhou Ji Hong Director
Chen Si Li Supervisors
Li Xin Executives
Xiong Jian Zhou Director

Xiangyang Boya Precision Industrial Equipments Co Headlines

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