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ZHEXF (Zhejiang Expressway Co) Net Margin % : 29.46% (As of Jun. 2024)


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What is Zhejiang Expressway Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Zhejiang Expressway Co's Net Income for the three months ended in Jun. 2024 was $177 Mil. Zhejiang Expressway Co's Revenue for the three months ended in Jun. 2024 was $602 Mil. Therefore, Zhejiang Expressway Co's net margin for the quarter that ended in Jun. 2024 was 29.46%.

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

ZHEXF' s Net Margin % Range Over the Past 10 Years
Min: 19.41   Med: 30.92   Max: 33.78
Current: 31.81


ZHEXF's Net Margin % is ranked better than
96.54% of 1704 companies
in the Construction industry
Industry Median: 3.22 vs ZHEXF: 31.81

Zhejiang Expressway Co Net Margin % Historical Data

The historical data trend for Zhejiang Expressway 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 Expressway Co Net Margin % Chart

Zhejiang Expressway 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 31.04 19.41 29.28 33.78 30.79

Zhejiang Expressway Co Quarterly Data
Mar18 Jun18 Sep18 Dec18 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 Premium Member Only Premium Member Only - - 34.83 29.46 31.39

Competitive Comparison of Zhejiang Expressway Co's Net Margin %

For the Infrastructure Operations subindustry, Zhejiang Expressway 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 Expressway Co's Net Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Zhejiang Expressway Co's Net Margin % distribution charts can be found below:

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



Zhejiang Expressway 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 Expressway 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 )
=731.587/2375.987
=30.79 %

Zhejiang Expressway Co'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 )
=177.309/601.776
=29.46 %

* 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 Expressway Co  (OTCPK:ZHEXF) 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 Expressway Co Net Margin % Related Terms

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Zhejiang Expressway Co Business Description

Traded in Other Exchanges
Address
199 Wuxing Road, 5th Floor, No. 2, Mingzhu International Business Center, Zhejiang Province, Hangzhou, CHN, 310020
Zhejiang Expressway Co Ltd is a Chinese infrastructure company which, through its subsidiaries, develops, maintains, and operates high-grade roads. The company organizes itself into three segments: toll road business, securities business, and other business. The company derives the majority of revenue and earnings from the toll road business. The securities business, the next segment, provides brokerage services, including advisory, margin lending, and asset management. The company earns the entirety of revenue domestically.

Zhejiang Expressway Co Headlines

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