GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PetroChina Co Ltd (SHSE:601857) » Definitions » Net Margin %

PetroChina Co (SHSE:601857) Net Margin % : 4.05% (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is PetroChina Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. PetroChina Co's Net Income for the three months ended in Dec. 2023 was ¥29,493 Mil. PetroChina Co's Revenue for the three months ended in Dec. 2023 was ¥728,877 Mil. Therefore, PetroChina Co's net margin for the quarter that ended in Dec. 2023 was 4.05%.

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

SHSE:601857' s Net Margin % Range Over the Past 10 Years
Min: 0.49   Med: 2.15   Max: 5.35
Current: 5.35


SHSE:601857's Net Margin % is ranked better than
53.68% of 978 companies
in the Oil & Gas industry
Industry Median: 4.17 vs SHSE:601857: 5.35

PetroChina Co Net Margin % Historical Data

The historical data trend for PetroChina 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.

PetroChina Co Net Margin % Chart

PetroChina 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 1.81 0.98 3.53 4.59 5.35

PetroChina 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 3.68 5.96 5.57 5.78 4.05

Competitive Comparison of PetroChina Co's Net Margin %

For the Oil & Gas Integrated subindustry, PetroChina 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.


PetroChina Co's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PetroChina Co's Net Margin % distribution charts can be found below:

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



PetroChina 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.

PetroChina 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 )
=161144/3011012
=5.35 %

PetroChina 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 )
=29493/728877
=4.05 %

* 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.


PetroChina Co  (SHSE:601857) 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.


PetroChina Co Net Margin % Related Terms

Thank you for viewing the detailed overview of PetroChina Co's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


PetroChina Co (SHSE:601857) Business Description

Traded in Other Exchanges
Address
No. 9 Dongzhimen North Street, Dongcheng District, Beijing, CHN, 100007
PetroChina, the national champion that inherited the majority of Chinese onshore oil and gas assets, has developed into an international supermajor. In 2022, it produced more than 1.6 billion barrels of oil equivalent of oil and gas, and had more than 1.4 billion barrels of annual crude oil primary distillation capacity and more than 22,000 service stations. The fluctuations in the prices of crude oil, refined products, chemical products, and natural gas have a significant impact on PetroChina's revenue. State-owned China National Petroleum Corp is PetroChina's controlling shareholder with a stake of more than 80%.

PetroChina Co (SHSE:601857) Headlines

No Headlines