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Zhejiang Chint Electrics Co (SHSE:601877) Net Margin % : 6.79% (As of Mar. 2024)


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What is Zhejiang Chint Electrics Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Zhejiang Chint Electrics Co's Net Income for the three months ended in Mar. 2024 was ¥1,081 Mil. Zhejiang Chint Electrics Co's Revenue for the three months ended in Mar. 2024 was ¥15,917 Mil. Therefore, Zhejiang Chint Electrics Co's net margin for the quarter that ended in Mar. 2024 was 6.79%.

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

SHSE:601877' s Net Margin % Range Over the Past 10 Years
Min: 6.21   Med: 11.48   Max: 19.33
Current: 6.21


SHSE:601877's Net Margin % is ranked better than
56.31% of 2971 companies
in the Industrial Products industry
Industry Median: 5.06 vs SHSE:601877: 6.21

Zhejiang Chint Electrics Co Net Margin % Historical Data

The historical data trend for Zhejiang Chint Electrics 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.

Zhejiang Chint Electrics Co Net Margin % Chart

Zhejiang Chint Electrics 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 12.45 19.33 8.63 8.74 6.44

Zhejiang Chint Electrics 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 7.63 5.80 7.36 4.75 6.79

Competitive Comparison of Zhejiang Chint Electrics Co's Net Margin %

For the Electrical Equipment & Parts subindustry, Zhejiang Chint Electrics 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.


Zhejiang Chint Electrics Co's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Chint Electrics Co's Net Margin % distribution charts can be found below:

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



Zhejiang Chint Electrics 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.

Zhejiang Chint Electrics 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 )
=3686.138/57250.814
=6.44 %

Zhejiang Chint Electrics 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 )
=1080.597/15916.618
=6.79 %

* 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.


Zhejiang Chint Electrics Co  (SHSE:601877) 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.


Zhejiang Chint Electrics Co Net Margin % Related Terms

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Zhejiang Chint Electrics Co (SHSE:601877) Business Description

Traded in Other Exchanges
N/A
Address
Zhengtai Road, North White Elephant Industrial Park, Zhejiang, CHN, 325603
Zhejiang Chint Electrics Co Ltd through its subsidiaries engages in the research, development, production, and sale of low-voltage electrical products in China. The company offers Power Transformer, Gas Insulated Switchgear, Capacitor, Insulator and Cut-out Fuse among other products. The solutions provided by the company include Power Transmission and Distribution Equipment, Electric Power, Solar Power Generation System and Traffic Automation System.

Zhejiang Chint Electrics Co (SHSE:601877) Headlines

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