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Hunan Sund Technological (SZSE:301548) Net Margin % : 25.09% (As of Mar. 2024)


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What is Hunan Sund Technological Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Hunan Sund Technological's Net Income for the three months ended in Mar. 2024 was ¥28.8 Mil. Hunan Sund Technological's Revenue for the three months ended in Mar. 2024 was ¥114.7 Mil. Therefore, Hunan Sund Technological's net margin for the quarter that ended in Mar. 2024 was 25.09%.

The historical rank and industry rank for Hunan Sund Technological's Net Margin % or its related term are showing as below:

SZSE:301548' s Net Margin % Range Over the Past 10 Years
Min: 12.9   Med: 14.83   Max: 20.48
Current: 20.48


SZSE:301548's Net Margin % is ranked better than
93.47% of 2971 companies
in the Industrial Products industry
Industry Median: 5.06 vs SZSE:301548: 20.48

Hunan Sund Technological Net Margin % Historical Data

The historical data trend for Hunan Sund Technological'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.

Hunan Sund Technological Net Margin % Chart

Hunan Sund Technological Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 12.94 14.25 15.40 20.20 19.34

Hunan Sund Technological Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 19.91 18.73 24.25 14.91 25.09

Competitive Comparison of Hunan Sund Technological's Net Margin %

For the Specialty Industrial Machinery subindustry, Hunan Sund Technological'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.


Hunan Sund Technological's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hunan Sund Technological's Net Margin % distribution charts can be found below:

* The bar in red indicates where Hunan Sund Technological's Net Margin % falls into.



Hunan Sund Technological 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.

Hunan Sund Technological'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 )
=101.2/523.194
=19.34 %

Hunan Sund Technological'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 )
=28.794/114.749
=25.09 %

* 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.


Hunan Sund Technological  (SZSE:301548) 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.


Hunan Sund Technological Net Margin % Related Terms

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Hunan Sund Technological (SZSE:301548) Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Chayuan Road, High-tech Zone, Hunan, Xiangtan, CHN, 411102
Hunan Sund Technological Corp is engaged in research & development, design, production and sales of dynamic pressure oil film sliding bearings, sales of rolling bearings and related products, etc. It is a leading bearing supplier of bearing products and integral solutions for transmission systems.

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