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Weichai Power Co (Weichai Power Co) Net Margin % : 4.61% (As of Mar. 2024)


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What is Weichai Power Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Weichai Power Co's Net Income for the three months ended in Mar. 2024 was $361 Mil. Weichai Power Co's Revenue for the three months ended in Mar. 2024 was $7,829 Mil. Therefore, Weichai Power Co's net margin for the quarter that ended in Mar. 2024 was 4.61%.

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

WEICF' s Net Margin % Range Over the Past 10 Years
Min: 1.9   Med: 4.4   Max: 6.28
Current: 4.5


WEICF's Net Margin % is ranked worse than
52.81% of 2967 companies
in the Industrial Products industry
Industry Median: 5.02 vs WEICF: 4.50

Weichai Power Co Net Margin % Historical Data

The historical data trend for Weichai Power 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.

Weichai Power Co Net Margin % Chart

Weichai Power Co 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 5.22 4.68 4.31 2.80 4.21

Weichai Power Co Quarterly Data
Jun19 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 3.47 3.88 4.80 4.69 4.61

Competitive Comparison of Weichai Power Co's Net Margin %

For the Specialty Industrial Machinery subindustry, Weichai Power 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.


Weichai Power Co's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Weichai Power Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Weichai Power Co's Net Margin % falls into.



Weichai Power 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.

Weichai Power 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 )
=1262.415/29965.334
=4.21 %

Weichai Power 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 )
=360.989/7828.947
=4.61 %

* 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.


Weichai Power Co  (OTCPK:WEICF) 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.


Weichai Power Co Net Margin % Related Terms

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Weichai Power Co (Weichai Power Co) Business Description

Traded in Other Exchanges
Address
197, Section A, Fu Shou East Street, High Technology Industrial Development Zone, Shandong Province, Weifang, CHN, 261061
Weichai Power Co Ltd is an industrial technology company that offers vehicles, equipment, and logistics and supply chain services in China. The operating segments of the company are 1) Engines segment includes the manufacturing and sale of engines and related parts; 2) Automobiles and automobile components include the manufacturing and sale of automobiles and automobile components other than Engines; 3) Agricultural equipment includes the manufacturing and sale of agricultural equipment (complete machineries), agricultural machineries, agricultural vehicles and related parts; 4) Intelligent logistics includes forklift trucks production, warehousing technology and supply chain solution services.