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Zhejiang Taotao Vehicles Co (SZSE:301345) Net Margin % : 14.39% (As of Sep. 2024)


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What is Zhejiang Taotao Vehicles Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Zhejiang Taotao Vehicles Co's Net Income for the three months ended in Sep. 2024 was ¥119 Mil. Zhejiang Taotao Vehicles Co's Revenue for the three months ended in Sep. 2024 was ¥829 Mil. Therefore, Zhejiang Taotao Vehicles Co's net margin for the quarter that ended in Sep. 2024 was 14.39%.

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

SZSE:301345' s Net Margin % Range Over the Past 10 Years
Min: 5.63   Med: 11.67   Max: 15.72
Current: 12.51


SZSE:301345's Net Margin % is ranked better than
88.95% of 1294 companies
in the Vehicles & Parts industry
Industry Median: 3.08 vs SZSE:301345: 12.51

Zhejiang Taotao Vehicles Co Net Margin % Historical Data

The historical data trend for Zhejiang Taotao Vehicles 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 Taotao Vehicles Co Net Margin % Chart

Zhejiang Taotao Vehicles Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 9.55 15.72 12.03 11.67 13.08

Zhejiang Taotao Vehicles Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 Dec20 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 Premium Member Only 12.46 9.53 9.79 15.06 14.39

Competitive Comparison of Zhejiang Taotao Vehicles Co's Net Margin %

For the Auto Manufacturers subindustry, Zhejiang Taotao Vehicles 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 Taotao Vehicles Co's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Taotao Vehicles Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Zhejiang Taotao Vehicles Co's Net Margin % falls into.



Zhejiang Taotao Vehicles 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 Taotao Vehicles 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 )
=280.478/2144.246
=13.08 %

Zhejiang Taotao Vehicles 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 )
=119.367/829.466
=14.39 %

* 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 Taotao Vehicles Co  (SZSE:301345) 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 Taotao Vehicles Co Net Margin % Related Terms

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Zhejiang Taotao Vehicles Co Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Xinyuan Road, Xinbi Street, Jinyun County, Zhejiang Province, Lishui, CHN, 321403
Zhejiang Taotao Vehicles Co Ltd is engaged in the research and development, production and sales of automobiles, electric vehicles and their accessories and supplies for outdoor leisure and entertainment with the function of short-distance transportation.

Zhejiang Taotao Vehicles Co Headlines

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