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Xinyu Iron And Steel Co (SHSE:600782) Net Margin % : 0.24% (As of Dec. 2023)


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What is Xinyu Iron And Steel Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Xinyu Iron And Steel Co's Net Income for the three months ended in Dec. 2023 was ¥21 Mil. Xinyu Iron And Steel Co's Revenue for the three months ended in Dec. 2023 was ¥8,860 Mil. Therefore, Xinyu Iron And Steel Co's net margin for the quarter that ended in Dec. 2023 was 0.24%.

The historical rank and industry rank for Xinyu Iron And Steel Co's Net Margin % or its related term are showing as below:

SHSE:600782' s Net Margin % Range Over the Past 10 Years
Min: 0.24   Med: 2.69   Max: 10.37
Current: 0.7


SHSE:600782's Net Margin % is ranked worse than
70.74% of 605 companies
in the Steel industry
Industry Median: 2.92 vs SHSE:600782: 0.70

Xinyu Iron And Steel Co Net Margin % Historical Data

The historical data trend for Xinyu Iron And Steel 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.

Xinyu Iron And Steel Co Net Margin % Chart

Xinyu Iron And Steel 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 5.90 3.73 4.15 1.06 0.70

Xinyu Iron And Steel 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 -2.21 0.42 0.91 1.04 0.24

Competitive Comparison of Xinyu Iron And Steel Co's Net Margin %

For the Steel subindustry, Xinyu Iron And Steel 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.


Xinyu Iron And Steel Co's Net Margin % Distribution in the Steel Industry

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

* The bar in red indicates where Xinyu Iron And Steel Co's Net Margin % falls into.



Xinyu Iron And Steel 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.

Xinyu Iron And Steel 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 )
=497.743/71142.979
=0.70 %

Xinyu Iron And Steel 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 )
=21.273/8860.343
=0.24 %

* 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.


Xinyu Iron And Steel Co  (SHSE:600782) 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.


Xinyu Iron And Steel Co Net Margin % Related Terms

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Xinyu Iron And Steel Co (SHSE:600782) Business Description

Traded in Other Exchanges
N/A
Address
Chengdong Economic Development Zone, Xinyu, Jiangxi, CHN, 338004
Xinyu Iron And Steel Co Ltd deals in products like the hot rolled coil, cold rolled sheet, wire rod, rebar, round bar, steel pipe, steel strip, and metal products. The products of the company are exported to more than twenty countries and regions such as Europe, the United States, Brazil, the Middle East, South Korea, Japan, Southeast Asia, and India.

Xinyu Iron And Steel Co (SHSE:600782) Headlines

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