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Shandong Homey Aquatic Development Co (SHSE:600467) Net Margin % : 2.54% (As of Dec. 2023)


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What is Shandong Homey Aquatic Development Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Shandong Homey Aquatic Development Co's Net Income for the three months ended in Dec. 2023 was ¥13 Mil. Shandong Homey Aquatic Development Co's Revenue for the three months ended in Dec. 2023 was ¥495 Mil. Therefore, Shandong Homey Aquatic Development Co's net margin for the quarter that ended in Dec. 2023 was 2.54%.

The historical rank and industry rank for Shandong Homey Aquatic Development Co's Net Margin % or its related term are showing as below:

SHSE:600467' s Net Margin % Range Over the Past 10 Years
Min: 2.33   Med: 4.72   Max: 7.33
Current: 3.16


SHSE:600467's Net Margin % is ranked worse than
50.43% of 1860 companies
in the Consumer Packaged Goods industry
Industry Median: 3.215 vs SHSE:600467: 3.16

Shandong Homey Aquatic Development Co Net Margin % Historical Data

The historical data trend for Shandong Homey Aquatic Development 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.

Shandong Homey Aquatic Development Co Net Margin % Chart

Shandong Homey Aquatic Development 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 7.33 5.06 5.28 5.00 3.16

Shandong Homey Aquatic Development 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 3.56 3.10 3.81 2.94 2.54

Competitive Comparison of Shandong Homey Aquatic Development Co's Net Margin %

For the Farm Products subindustry, Shandong Homey Aquatic Development 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.


Shandong Homey Aquatic Development Co's Net Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shandong Homey Aquatic Development Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Shandong Homey Aquatic Development Co's Net Margin % falls into.



Shandong Homey Aquatic Development 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.

Shandong Homey Aquatic Development 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 )
=49.446/1563.805
=3.16 %

Shandong Homey Aquatic Development 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 )
=12.579/494.997
=2.54 %

* 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.


Shandong Homey Aquatic Development Co  (SHSE:600467) 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.


Shandong Homey Aquatic Development Co Net Margin % Related Terms

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Shandong Homey Aquatic Development Co (SHSE:600467) Business Description

Traded in Other Exchanges
N/A
Address
Shazuizi, Hushan Town, Rongcheng, Shandong, CHN, 264305
Shandong Homey Aquatic Development Co Ltd is engaged in the aquaculture and food processing businesses in China. Its products include sea cucumber, sea bream, abalone, prawn, kelp, clam, loach and other sea treasures, all of which are medium and high-grade seafood. Its other products include frozen food, aquatic products, health tonic series, beverage series products and salted aquatic products. The company distributes its products within domestic market and to overseas markets.

Shandong Homey Aquatic Development Co (SHSE:600467) Headlines

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