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Anhui Conch Cement Co (SHSE:600585) Net Margin % : 4.19% (As of Dec. 2023)


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What is Anhui Conch Cement Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Anhui Conch Cement Co's Net Income for the three months ended in Dec. 2023 was ¥1,758 Mil. Anhui Conch Cement Co's Revenue for the three months ended in Dec. 2023 was ¥41,956 Mil. Therefore, Anhui Conch Cement Co's net margin for the quarter that ended in Dec. 2023 was 4.19%.

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

SHSE:600585' s Net Margin % Range Over the Past 10 Years
Min: 7.4   Med: 18.95   Max: 23.22
Current: 7.4


SHSE:600585's Net Margin % is ranked better than
62.14% of 383 companies
in the Building Materials industry
Industry Median: 5.19 vs SHSE:600585: 7.40

Anhui Conch Cement Co Net Margin % Historical Data

The historical data trend for Anhui Conch Cement 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.

Anhui Conch Cement Co Net Margin % Chart

Anhui Conch Cement 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 21.39 19.94 19.81 11.86 7.40

Anhui Conch Cement 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 6.94 8.13 11.50 6.56 4.19

Competitive Comparison of Anhui Conch Cement Co's Net Margin %

For the Building Materials subindustry, Anhui Conch Cement 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.


Anhui Conch Cement Co's Net Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Anhui Conch Cement Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Anhui Conch Cement Co's Net Margin % falls into.



Anhui Conch Cement 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.

Anhui Conch Cement 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 )
=10430.138/140999.428
=7.40 %

Anhui Conch Cement 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 )
=1757.973/41956.047
=4.19 %

* 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.


Anhui Conch Cement Co  (SHSE:600585) 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.


Anhui Conch Cement Co Net Margin % Related Terms

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Anhui Conch Cement Co (SHSE:600585) Business Description

Traded in Other Exchanges
Address
No. 39 Wenhua Road, Anhui Province, Wuhu, CHN, 241000
Anhui Conch Cement is mainly engaged in the production and sale of cement and clinker. The company was established in 1997 and headquartered in Anhui province. With annual cement production capacity of 388 million metric tons in 2022, the firm is the second-largest cement manufacturer in China. Sales of self-produced products contributed about 71.9% of its 2022 revenue, with the remainder mainly from the trading business and service income.

Anhui Conch Cement Co (SHSE:600585) Headlines

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