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Zhejiang Cayi Vacuum Container Co (SZSE:301004) Net Margin % : 24.88% (As of Mar. 2024)


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What is Zhejiang Cayi Vacuum Container Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Zhejiang Cayi Vacuum Container Co's Net Income for the three months ended in Mar. 2024 was ¥107 Mil. Zhejiang Cayi Vacuum Container Co's Revenue for the three months ended in Mar. 2024 was ¥432 Mil. Therefore, Zhejiang Cayi Vacuum Container Co's net margin for the quarter that ended in Mar. 2024 was 24.88%.

The historical rank and industry rank for Zhejiang Cayi Vacuum Container Co's Net Margin % or its related term are showing as below:

SZSE:301004' s Net Margin % Range Over the Past 10 Years
Min: 7.59   Med: 18.23   Max: 26.79
Current: 26.79


SZSE:301004's Net Margin % is ranked better than
97.64% of 381 companies
in the Packaging & Containers industry
Industry Median: 4.06 vs SZSE:301004: 26.79

Zhejiang Cayi Vacuum Container Co Net Margin % Historical Data

The historical data trend for Zhejiang Cayi Vacuum Container 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.

Zhejiang Cayi Vacuum Container Co Net Margin % Chart

Zhejiang Cayi Vacuum Container Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 17.75 18.23 14.03 21.59 26.59

Zhejiang Cayi Vacuum Container Co Quarterly Data
Dec18 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 21.92 26.75 26.21 28.93 24.88

Competitive Comparison of Zhejiang Cayi Vacuum Container Co's Net Margin %

For the Packaging & Containers subindustry, Zhejiang Cayi Vacuum Container 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.


Zhejiang Cayi Vacuum Container Co's Net Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Zhejiang Cayi Vacuum Container Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Zhejiang Cayi Vacuum Container Co's Net Margin % falls into.



Zhejiang Cayi Vacuum Container 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.

Zhejiang Cayi Vacuum Container 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 )
=472.033/1775.402
=26.59 %

Zhejiang Cayi Vacuum Container 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 )
=107.48/432.075
=24.88 %

* 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.


Zhejiang Cayi Vacuum Container Co  (SZSE:301004) 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.


Zhejiang Cayi Vacuum Container Co Net Margin % Related Terms

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Zhejiang Cayi Vacuum Container Co (SZSE:301004) Business Description

Traded in Other Exchanges
N/A
Address
Baiyang Industrial Zone, Economic Development Zone, Zhejiang Province, Wuyi County, Jinhua, CHN, 321200
Zhejiang Cayi Vacuum Container Co Ltd is engaged in the research and development, design, production and sales of various beverage and food containers of different materials.
Executives
Hu Ling Hui Directors, executives
Gu Dai Hua Directors, executives

Zhejiang Cayi Vacuum Container Co (SZSE:301004) Headlines

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