China Resourcesnjiu Medical & Pharmaceutical Co (SZSE:000999) Net Margin % : 18.70% (As of Mar. 2024)

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What is China Resourcesnjiu Medical & Pharmaceutical Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. China Resourcesnjiu Medical & Pharmaceutical Co's Net Income for the three months ended in Mar. 2024 was ¥1,364 Mil. China Resourcesnjiu Medical & Pharmaceutical Co's Revenue for the three months ended in Mar. 2024 was ¥7,294 Mil. Therefore, China Resourcesnjiu Medical & Pharmaceutical Co's net margin for the quarter that ended in Mar. 2024 was 18.70%.

The historical rank and industry rank for China Resourcesnjiu Medical & Pharmaceutical Co's Net Margin % or its related term are showing as below:

SZSE:000999' s Net Margin % Range Over the Past 10 Years
Min: 10.67 Med: 13.28 Max: 15.81
Current: 11.94

SZSE:000999's Net Margin % is ranked better than
73.9% of 1019 companies
in the Drug Manufacturers industry
Industry Median: 3.53 vs SZSE:000999: 11.94

China Resourcesnjiu Medical & Pharmaceutical Co Net Margin % Historical Data

The historical data trend for China Resourcesnjiu Medical & Pharmaceutical 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.

China Resourcesnjiu Medical & Pharmaceutical Co Net Margin % Chart

China Resourcesnjiu Medical & Pharmaceutical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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14.19

11.71

13.22

13.54

11.53

China Resourcesnjiu Medical & Pharmaceutical 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															18.12	10.69	9.62	7.35	18.70

Competitive Comparison of China Resourcesnjiu Medical & Pharmaceutical Co's Net Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, China Resourcesnjiu Medical & Pharmaceutical 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.

China Resourcesnjiu Medical & Pharmaceutical Co's Net Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, China Resourcesnjiu Medical & Pharmaceutical Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where China Resourcesnjiu Medical & Pharmaceutical Co's Net Margin % falls into.

China Resourcesnjiu Medical & Pharmaceutical 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.

China Resourcesnjiu Medical & Pharmaceutical 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 )
	=	2852.932	/	24738.963
	=	11.53 %

China Resourcesnjiu Medical & Pharmaceutical 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 )
	=	1363.826	/	7294.071
	=	18.70 %

China Resourcesnjiu Medical & Pharmaceutical Co (SZSE:000999) 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.

China Resourcesnjiu Medical & Pharmaceutical Co Net Margin % Related Terms

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China Resourcesnjiu Medical & Pharmaceutical Co (SZSE:000999) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » China Resources Sanjiu Medical & Pharmaceutical Co Ltd (SZSE:000999) » Definitions » Net Margin %

Traded in Other Exchanges

N/A

Address

High-Tech Park, Lake Street Mission Hills, Longhua District, Shenzhen, CHN, 518110

Website

http://www.999.com.cn

China Resources Sanjiu Medical & Pharmaceutical Co Ltd is a China-based pharmaceutical company. It is engaged in the research and development, production and sale of pharmaceutical products, healthcare products, and medical appliances under the brand name 999, which includes OTC, antibiotic and raw material drug. The other brands under which the company offers its products are Lee King, Shunfeng, and Tianhe. The company's core business is located in OTC and Chinese medicine prescription drugs, OTC core products in the cold, gastrointestinal, skin, pediatric, cough and orthopedic drugs occupy a higher market share; prescription drug products in traditional Chinese medicine formula granules, cardiovascular and cerebrovascular, anti-tumor in the field of anti-infection and other areas.

China Resourcesnjiu Medical & Pharmaceutical Co (SZSE:000999) Headlines

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