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GuruFocus has detected 4 Warning Signs with China Petroleum & Chemical Corp $SNP.
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China Petroleum & Chemical Corp (NYSE:SNP)
Net Margin %
2.95% (As of Mar. 2017)

Net margin is calculated as net income divided by its revenue. China Petroleum & Chemical Corp's net income for the three months ended in Mar. 2017 was $2,495 Mil. China Petroleum & Chemical Corp's revenue for the three months ended in Mar. 2017 was $84,448 Mil. Therefore, China Petroleum & Chemical Corp's net margin for the quarter that ended in Mar. 2017 was 2.95%.

SNP' s Net Margin % Range Over the Past 10 Years
Min: 1.61   Max: 4.69
Current: 2.73

1.61
4.69
SNP's Net Margin % is ranked higher than
50% of the 70 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 2.42 vs. SNP: 2.73 )

Definition

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

China Petroleum & Chemical Corp's Net Margin for the fiscal year that ended in Dec. 2016 is calculated as

Net Margin=Net Income (A: Dec. 2016 )/Revenue (A: Dec. 2016 )
=6744.70360415/279041.446285
=2.42 %

China Petroleum & Chemical Corp's Net Margin for the quarter that ended in Mar. 2017 is calculated as

Net Margin=Net Income (Q: Mar. 2017 )/Revenue (Q: Mar. 2017 )
=2494.77806789/84448.0707862
=2.95 %

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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.


Related Terms

Net Income, Revenue, Cost of Goods Sold, Selling, General, & Admin. Expense, Research & Development, Depreciation, Depletion and Amortization, Interest Expense, Non-Recurring Items, Tax Expense


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

China Petroleum & Chemical Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
netmargin 4.641.914.693.752.922.292.301.651.612.42

China Petroleum & Chemical Corp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
netmargin -1.070.454.130.331.131.612.852.102.922.95
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