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Kangxin New Materials Co (SHSE:600076) Net Margin % : -64.08% (As of Mar. 2024)


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What is Kangxin New Materials Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Kangxin New Materials Co's Net Income for the three months ended in Mar. 2024 was ¥-33.6 Mil. Kangxin New Materials Co's Revenue for the three months ended in Mar. 2024 was ¥52.5 Mil. Therefore, Kangxin New Materials Co's net margin for the quarter that ended in Mar. 2024 was -64.08%.

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

SHSE:600076' s Net Margin % Range Over the Past 10 Years
Min: -120.6   Med: 19.9   Max: 29.36
Current: -108.42


SHSE:600076's Net Margin % is ranked worse than
96.88% of 288 companies
in the Forest Products industry
Industry Median: 2.4 vs SHSE:600076: -108.42

Kangxin New Materials Co Net Margin % Historical Data

The historical data trend for Kangxin New Materials 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.

Kangxin New Materials Co Net Margin % Chart

Kangxin New Materials 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 19.38 -15.78 2.37 -41.35 -120.60

Kangxin New Materials Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -135.16 -232.51 -84.78 -112.28 -64.08

Competitive Comparison of Kangxin New Materials Co's Net Margin %

For the Lumber & Wood Production subindustry, Kangxin New Materials 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.


Kangxin New Materials Co's Net Margin % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Kangxin New Materials Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Kangxin New Materials Co's Net Margin % falls into.



Kangxin New Materials 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.

Kangxin New Materials 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 )
=-297.097/246.339
=-120.60 %

Kangxin New Materials Co's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-33.648/52.506
=-64.08 %

* 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.


Kangxin New Materials Co  (SHSE:600076) 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.


Kangxin New Materials Co Net Margin % Related Terms

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Kangxin New Materials Co (SHSE:600076) Business Description

Traded in Other Exchanges
N/A
Address
Wuhan East Lake Central Lake Road No. 57, Jinyinhu Withub 30, Hubei Province, Wuhan, CHN
Kangxin New Materials Co Ltd engages in the collection, afforestation, processing, and sale of timber products in China. It also designs and produces building structural materials; and produces wood structural housing products. The company's products include COSB composite, multi-layer solid wood, and bamboo and wood composite container flooring products; civil sheets comprise building templates, ordinary COSB boards, environmental protection boards, and COSB boards; and landscape and green seedlings.

Kangxin New Materials Co (SHSE:600076) Headlines

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