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Zhejiang Chang'an Renheng Technology Co (HKSE:08139) Net Margin %

: -9.39% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Zhejiang Chang'an Renheng Technology Co's Net Income for the three months ended in Dec. 2023 was HK$-4.3 Mil. Zhejiang Chang'an Renheng Technology Co's Revenue for the three months ended in Dec. 2023 was HK$45.9 Mil. Therefore, Zhejiang Chang'an Renheng Technology Co's net margin for the quarter that ended in Dec. 2023 was -9.39%.

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

HKSE:08139' s Net Margin % Range Over the Past 10 Years
Min: -7.9   Med: 1.24   Max: 13.19
Current: 1.38


HKSE:08139's Net Margin % is ranked worse than
69.41% of 1533 companies
in the Chemicals industry
Industry Median: 4.45 vs HKSE:08139: 1.38

Zhejiang Chang'an Renheng Technology Co Net Margin % Historical Data

The historical data trend for Zhejiang Chang'an Renheng Technology 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 Chang'an Renheng Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.90 1.04 5.15 0.94 1.42

Zhejiang Chang'an Renheng Technology Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % 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 Premium Member Only Premium Member Only Premium Member Only 4.38 -0.84 10.18 4.99 -9.39

Competitive Comparison

For the Chemicals subindustry, Zhejiang Chang'an Renheng Technology 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 Chang'an Renheng Technology Co Net Margin % Distribution

For the Chemicals industry and Basic Materials sector, Zhejiang Chang'an Renheng Technology Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Zhejiang Chang'an Renheng Technology Co's Net Margin % falls into.



Zhejiang Chang'an Renheng Technology 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 Chang'an Renheng Technology 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 )
=2.519/177.496
=1.42 %

Zhejiang Chang'an Renheng Technology Co's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-4.312/45.941
=-9.39 %

* 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 Chang'an Renheng Technology Co  (HKSE:08139) 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 Chang'an Renheng Technology Co Net Margin % Related Terms

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Zhejiang Chang'an Renheng Technology Co (HKSE:08139) Business Description

Traded in Other Exchanges
N/A
Address
Laoya Tang, Si’an Town, Zhejiang Province, Changxing, CHN
Zhejiang Chang'an Renheng Technology Co Ltd is principally engaged in the business of development, production, and sale of bentonite fine chemicals in China. It uses bentonite as its basic raw material to manufacture paper chemicals, organic bentonite, inorganic gel, bentonite for metallurgy pellets, quality calcium-bentonite, and other products. The majority of its revenue comes from the papermaking chemicals series.

Zhejiang Chang'an Renheng Technology Co (HKSE:08139) Headlines

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