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Jiangxi Geto New Materials (SZSE:300986) Net Margin % : 7.71% (As of Sep. 2024)


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What is Jiangxi Geto New Materials Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Jiangxi Geto New Materials's Net Income for the three months ended in Sep. 2024 was ¥52 Mil. Jiangxi Geto New Materials's Revenue for the three months ended in Sep. 2024 was ¥671 Mil. Therefore, Jiangxi Geto New Materials's net margin for the quarter that ended in Sep. 2024 was 7.71%.

The historical rank and industry rank for Jiangxi Geto New Materials's Net Margin % or its related term are showing as below:

SZSE:300986' s Net Margin % Range Over the Past 10 Years
Min: -2.02   Med: 12.9   Max: 20.92
Current: 0.56


SZSE:300986's Net Margin % is ranked worse than
72.1% of 1724 companies
in the Construction industry
Industry Median: 3.25 vs SZSE:300986: 0.56

Jiangxi Geto New Materials Net Margin % Historical Data

The historical data trend for Jiangxi Geto New Materials'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.

Jiangxi Geto New Materials Net Margin % Chart

Jiangxi Geto New Materials 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 15.18 15.05 11.10 9.20 -2.02

Jiangxi Geto New Materials 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 -6.07 -7.06 -4.01 3.74 7.71

Competitive Comparison of Jiangxi Geto New Materials's Net Margin %

For the Building Products & Equipment subindustry, Jiangxi Geto New Materials'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.


Jiangxi Geto New Materials's Net Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jiangxi Geto New Materials's Net Margin % distribution charts can be found below:

* The bar in red indicates where Jiangxi Geto New Materials's Net Margin % falls into.


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Jiangxi Geto New Materials 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.

Jiangxi Geto New Materials'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 )
=-45.297/2238.049
=-2.02 %

Jiangxi Geto New Materials'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 )
=51.758/670.907
=7.71 %

* 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.


Jiangxi Geto New Materials  (SZSE:300986) 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.


Jiangxi Geto New Materials Net Margin % Related Terms

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Jiangxi Geto New Materials Business Description

Traded in Other Exchanges
N/A
Address
Zhongshan Torch Development Zone, 4th Floor, Building B, Zhongshan Creative Port, Guangdong Province, Zhongshan, CHN, 528436
Jiangxi Geto New Materials Corp Ltd is a comprehensive service-oriented enterprise mainly engaged in new-type building aluminum formwork, self-climbing platforms, and concrete products. Its product offerings include aluminum molds, aluminum alloy templates, sky building machines, steel formwork systems, fair-faced concretes, prefabricated houses, lifting protection platforms, steel frame wooden formwork, and others. The company's products are mainly used in the civil and public construction fields.

Jiangxi Geto New Materials Headlines

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