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Yutong Bus Co (SHSE:600066) Net Margin % : 9.47% (As of Dec. 2023)


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What is Yutong Bus Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Yutong Bus Co's Net Income for the three months ended in Dec. 2023 was ¥767 Mil. Yutong Bus Co's Revenue for the three months ended in Dec. 2023 was ¥8,092 Mil. Therefore, Yutong Bus Co's net margin for the quarter that ended in Dec. 2023 was 9.47%.

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

SHSE:600066' s Net Margin % Range Over the Past 10 Years
Min: 2.38   Med: 6.99   Max: 11.33
Current: 6.72


SHSE:600066's Net Margin % is ranked better than
60.58% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 5.025 vs SHSE:600066: 6.72

Yutong Bus Co Net Margin % Historical Data

The historical data trend for Yutong Bus 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.

Yutong Bus Co Net Margin % Chart

Yutong Bus 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 6.37 2.38 2.64 3.48 6.72

Yutong Bus 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 % 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 7.23 3.37 4.64 7.40 9.47

Competitive Comparison of Yutong Bus Co's Net Margin %

For the Farm & Heavy Construction Machinery subindustry, Yutong Bus 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.


Yutong Bus Co's Net Margin % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Yutong Bus Co's Net Margin % distribution charts can be found below:

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



Yutong Bus 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.

Yutong Bus 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 )
=1817.084/27041.989
=6.72 %

Yutong Bus 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 )
=766.563/8091.574
=9.47 %

* 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.


Yutong Bus Co  (SHSE:600066) 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.


Yutong Bus Co Net Margin % Related Terms

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Yutong Bus Co (SHSE:600066) Business Description

Traded in Other Exchanges
N/A
Address
66 Yuxing Road, Zhengzhou Economic and Technological Development Zone, Henan Province, Zhengzhou, CHN, 450016
Yutong is the global market leader in buses, with close to 90% of revenue coming from sales in China. It is also China's largest bus manufacturer with around 30% of market share in medium and large buses. With the highest production capacity in its core segment, the company continues to benefit from the Chinese central government's subsidies for electric vehicles. Yutong's current product portfolio covers nearly all bus segments, including motor coach, shuttle, and school bus. While the firm started as a state-owned enterprise, a team of 23 company managers launched a management buyout in 2001 and eventually took over the firm in 2003.

Yutong Bus Co (SHSE:600066) Headlines

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