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Liaoning Fu-An Heavy Industry Co (SHSE:603315) Net Margin % : 5.99% (As of Mar. 2024)


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What is Liaoning Fu-An Heavy Industry Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Liaoning Fu-An Heavy Industry Co's Net Income for the three months ended in Mar. 2024 was ¥14 Mil. Liaoning Fu-An Heavy Industry Co's Revenue for the three months ended in Mar. 2024 was ¥233 Mil. Therefore, Liaoning Fu-An Heavy Industry Co's net margin for the quarter that ended in Mar. 2024 was 5.99%.

The historical rank and industry rank for Liaoning Fu-An Heavy Industry Co's Net Margin % or its related term are showing as below:

SHSE:603315' s Net Margin % Range Over the Past 10 Years
Min: 2.83   Med: 10.58   Max: 13.65
Current: 7.16


SHSE:603315's Net Margin % is ranked better than
75.83% of 604 companies
in the Steel industry
Industry Median: 2.915 vs SHSE:603315: 7.16

Liaoning Fu-An Heavy Industry Co Net Margin % Historical Data

The historical data trend for Liaoning Fu-An Heavy Industry 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.

Liaoning Fu-An Heavy Industry Co Net Margin % Chart

Liaoning Fu-An Heavy Industry 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 13.65 11.20 7.88 3.82 7.04

Liaoning Fu-An Heavy Industry 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 5.20 8.97 8.26 5.43 5.99

Competitive Comparison of Liaoning Fu-An Heavy Industry Co's Net Margin %

For the Steel subindustry, Liaoning Fu-An Heavy Industry 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.


Liaoning Fu-An Heavy Industry Co's Net Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Liaoning Fu-An Heavy Industry Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Liaoning Fu-An Heavy Industry Co's Net Margin % falls into.



Liaoning Fu-An Heavy Industry 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.

Liaoning Fu-An Heavy Industry 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 )
=71.805/1019.534
=7.04 %

Liaoning Fu-An Heavy Industry 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 )
=13.938/232.546
=5.99 %

* 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.


Liaoning Fu-An Heavy Industry Co  (SHSE:603315) 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.


Liaoning Fu-An Heavy Industry Co Net Margin % Related Terms

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Liaoning Fu-An Heavy Industry Co (SHSE:603315) Business Description

Traded in Other Exchanges
N/A
Address
No.8, Anzheng Road, Qianshan District, Anshan, CHN, 114016
Liaoning Fu-An Heavy Industry Co Ltd is engaged in the manufacturing of heavy steel castings products. According to the use, its products can be divided into thermal power equipment Castings, hydroelectric equipment castings, other power generation equipment castings and other castings. The main thermal power products include high/medium pressure internal and external cylinders; Valve body/cylinder. Hydropower products include upper crown, lower ring, runner body, Thrust heads, blades, ball valve bodies. Rail transit products include internal combustion engine bogies.

Liaoning Fu-An Heavy Industry Co (SHSE:603315) Headlines

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