Geely Automobile Holdings (XBUL:GRU) Net Margin % : 9.88% (As of Jun. 2024)

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What is Geely Automobile Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Geely Automobile Holdings's Net Income for the six months ended in Jun. 2024 was лв2,721 Mil. Geely Automobile Holdings's Revenue for the six months ended in Jun. 2024 was лв27,549 Mil. Therefore, Geely Automobile Holdings's net margin for the quarter that ended in Jun. 2024 was 9.88%.

The historical rank and industry rank for Geely Automobile Holdings's Net Margin % or its related term are showing as below:

XBUL:GRU' s Net Margin % Range Over the Past 10 Years
Min: 2.96 Med: 7.04 Max: 11.78
Current: 6.7

XBUL:GRU's Net Margin % is ranked better than
70.87% of 1294 companies
in the Vehicles & Parts industry
Industry Median: 3.08 vs XBUL:GRU: 6.70

Geely Automobile Holdings Net Margin % Historical Data

The historical data trend for Geely Automobile Holdings'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.

Geely Automobile Holdings Net Margin % Chart

Geely Automobile Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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8.41

6.01

4.77

3.56

2.96

Geely Automobile Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Net Margin %	Get a 7-Day Free Trial															2.67	4.13	2.15	3.53	9.88

Competitive Comparison of Geely Automobile Holdings's Net Margin %

For the Auto Manufacturers subindustry, Geely Automobile Holdings'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.

Geely Automobile Holdings's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Geely Automobile Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Geely Automobile Holdings's Net Margin % falls into.

Geely Automobile Holdings 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.

Geely Automobile Holdings'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 )
	=	1384.698	/	46745.253
	=	2.96 %

Geely Automobile Holdings's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin	=	Net Income (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	2720.823	/	27548.852
	=	9.88 %

Geely Automobile Holdings (XBUL:GRU) 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.

Geely Automobile Holdings Net Margin % Related Terms

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Geely Automobile Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Geely Automobile Holdings Ltd (XBUL:GRU) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

GELYY:USA GELYF:USA 175:Mexico 00175:Hong Kong 0YZ2:UK GRUA:Germany GRU:Germany GRU:Germany GRUA:Germany GRU:Germany GRU:Austria

Address

23 Harbour Road, Room 2301, 23rd Floor, Great Eagle Centre, Wanchai, Hong Kong, HKG

Website

http://www.geelyauto.com.hk

Based in Hangzhou, Zhejiang province, Geely Auto manufactures and sells passenger vehicles and automotive parts. Geely is the largest local brand manufacturer and the third-largest passenger vehicle brand in terms of sales volume in China. The firm formed a joint venture with Volvo in 2016 to build cars under the Lynk & Co brand. The brand targets a young audience with sales and marketing approaches closely resembling those of modern lifestyle brands. Including Lynk & Co, Geely sold about 1.7 million cars in 2023. The domestic market accounts for more than 80% of Geely's revenue, with the rest coming from other parts of the world.