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Ossen Innovation Co (Ossen Innovation Co) Net Margin % : 6.94% (As of Dec. 2020)


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What is Ossen Innovation Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Ossen Innovation Co's Net Income for the six months ended in Dec. 2020 was $5.8 Mil. Ossen Innovation Co's Revenue for the six months ended in Dec. 2020 was $83.7 Mil. Therefore, Ossen Innovation Co's net margin for the quarter that ended in Dec. 2020 was 6.94%.

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

OSN' s Net Margin % Range Over the Past 10 Years
Min: 1.95   Med: 4.56   Max: 9.74
Current: 7.99


OSN's Net Margin % is not ranked
in the Steel industry.
Industry Median: 2.92 vs OSN: 7.99

Ossen Innovation Co Net Margin % Historical Data

The historical data trend for Ossen Innovation 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.

Ossen Innovation Co Net Margin % Chart

Ossen Innovation Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.12 4.04 7.63 7.98 7.99

Ossen Innovation Co Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20
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 8.50 8.67 7.38 9.60 6.94

Competitive Comparison of Ossen Innovation Co's Net Margin %

For the Steel subindustry, Ossen Innovation 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.


Ossen Innovation Co's Net Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ossen Innovation Co's Net Margin % distribution charts can be found below:

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



Ossen Innovation 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.

Ossen Innovation Co's Net Margin for the fiscal year that ended in Dec. 2020 is calculated as

Net Margin=Net Income (A: Dec. 2020 )/Revenue (A: Dec. 2020 )
=11.076/138.578
=7.99 %

Ossen Innovation Co's Net Margin for the quarter that ended in Dec. 2020 is calculated as

Net Margin=Net Income (Q: Dec. 2020 )/Revenue (Q: Dec. 2020 )
=5.812/83.727
=6.94 %

* 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.


Ossen Innovation Co  (NAS:OSN) 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.


Ossen Innovation Co Net Margin % Related Terms

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Ossen Innovation Co (Ossen Innovation Co) Business Description

Traded in Other Exchanges
N/A
Address
518 Shangcheng Road, Floor 17, Shanghai, CHN, 200120
Ossen Innovation Co Ltd designs, engineers, manufactures, and sells prestressed steel materials. The company's materials are used in the construction of bridges, highways and other infrastructure projects in the People's Republic of China and internationally. Its product is categorized as coated products and uncoated products. Its coated products include zinc, rare earth and plain surface prestressed concrete.It is used in the construction of new bridges and the renovation of older bridges. Uncoated products consist of wires that are twisted into a bundle and used in precast concrete plates on the riding surface of bridges. It is categorized based on size, strength, and structure.