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Zhejiang Zhongke Magnetic Industry Co (SZSE:301141) Net Margin % : 3.77% (As of Sep. 2024)


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What is Zhejiang Zhongke Magnetic Industry Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Zhejiang Zhongke Magnetic Industry Co's Net Income for the three months ended in Sep. 2024 was ¥5.1 Mil. Zhejiang Zhongke Magnetic Industry Co's Revenue for the three months ended in Sep. 2024 was ¥135.4 Mil. Therefore, Zhejiang Zhongke Magnetic Industry Co's net margin for the quarter that ended in Sep. 2024 was 3.77%.

The historical rank and industry rank for Zhejiang Zhongke Magnetic Industry Co's Net Margin % or its related term are showing as below:

SZSE:301141' s Net Margin % Range Over the Past 10 Years
Min: 4.17   Med: 12.62   Max: 15.61
Current: 4.17


SZSE:301141's Net Margin % is ranked better than
58.53% of 2445 companies
in the Hardware industry
Industry Median: 2.62 vs SZSE:301141: 4.17

Zhejiang Zhongke Magnetic Industry Co Net Margin % Historical Data

The historical data trend for Zhejiang Zhongke Magnetic Industry 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 Zhongke Magnetic Industry Co Net Margin % Chart

Zhejiang Zhongke Magnetic Industry Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 10.81 14.93 15.61 14.43 9.93

Zhejiang Zhongke Magnetic Industry Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 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 9.46 8.96 3.55 1.16 3.77

Competitive Comparison of Zhejiang Zhongke Magnetic Industry Co's Net Margin %

For the Electronic Components subindustry, Zhejiang Zhongke Magnetic Industry 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 Zhongke Magnetic Industry Co's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zhejiang Zhongke Magnetic Industry Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Zhejiang Zhongke Magnetic Industry Co's Net Margin % falls into.



Zhejiang Zhongke Magnetic Industry 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 Zhongke Magnetic Industry 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 )
=48.132/484.598
=9.93 %

Zhejiang Zhongke Magnetic Industry 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 )
=5.1/135.375
=3.77 %

* 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 Zhongke Magnetic Industry Co  (SZSE:301141) 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 Zhongke Magnetic Industry Co Net Margin % Related Terms

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Zhejiang Zhongke Magnetic Industry Co Business Description

Traded in Other Exchanges
N/A
Address
Hengdian Industrial Park, Zhejiang Province, Dongyang, CHN, 322118
Zhejiang Zhongke Magnetic Industry Co Ltd is a high-tech enterprise engaged in the research and development, production and sales of permanent magnet materials. It simultaneously produces two types of permanent magnet materials, sintered NdFeB permanent magnet materials and permanent ferrite magnets.

Zhejiang Zhongke Magnetic Industry Co Headlines

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