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Zijin Mining Group Co (SHSE:601899) Net Margin %

: 7.24% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Zijin Mining Group Co's Net Income for the three months ended in Dec. 2023 was ¥4,954 Mil. Zijin Mining Group Co's Revenue for the three months ended in Dec. 2023 was ¥68,395 Mil. Therefore, Zijin Mining Group Co's net margin for the quarter that ended in Dec. 2023 was 7.24%.

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

SHSE:601899' s Net Margin % Range Over the Past 10 Years
Min: 2.23   Med: 3.83   Max: 7.41
Current: 7.2


SHSE:601899's Net Margin % is ranked better than
72.53% of 859 companies
in the Metals & Mining industry
Industry Median: 0.26 vs SHSE:601899: 7.20

Zijin Mining Group Co Net Margin % Historical Data

The historical data trend for Zijin Mining Group 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.

Zijin Mining Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.15 3.80 6.96 7.41 7.20

Zijin Mining Group 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 % 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 Premium Member Only Premium Member Only Premium Member Only 5.10 7.26 6.45 7.85 7.24

Competitive Comparison

For the Gold subindustry, Zijin Mining Group 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.


Zijin Mining Group Co Net Margin % Distribution

For the Metals & Mining industry and Basic Materials sector, Zijin Mining Group Co's Net Margin % distribution charts can be found below:

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



Zijin Mining Group 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.

Zijin Mining Group 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 )
=21119.42/293403.243
=7.20 %

Zijin Mining Group 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 )
=4954.498/68395.482
=7.24 %

* 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.


Zijin Mining Group Co  (SHSE:601899) 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.


Zijin Mining Group Co Net Margin % Related Terms

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Zijin Mining Group Co (SHSE:601899) Business Description

Traded in Other Exchanges
Address
No.1 Zijin Road, Zijin Tower, Fujian Province, Shanghang County, Longyan, CHN, 364200
Zijin Mining Group Co Ltd is focusing on the exploration and development of gold and copper and other metal mineral resources. The company's operating segment includes Gold bullion; Processed, refined, and trading gold; Gold concentrates; Electrolytic copper & electrodeposited copper; Refined copper; Copper concentrates; Other concentrates; Zinc bullion, Environmental protection, trading, and others. It generates maximum revenue from the Processed, refined & trading gold segment. The Processed, refined, and trading gold segment is engaged in the production of gold bullion by processing gold concentrates produced by the group or purchased from external suppliers and gold bullion in the business of physical gold trading. Geographically, the majority is derived from Mainland China.

Zijin Mining Group Co (SHSE:601899) Headlines

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