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Hunan Valin Wire & Cable Co (SZSE:001208) Net Margin % : 2.69% (As of Dec. 2023)


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What is Hunan Valin Wire & Cable Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Hunan Valin Wire & Cable Co's Net Income for the three months ended in Dec. 2023 was ¥24 Mil. Hunan Valin Wire & Cable Co's Revenue for the three months ended in Dec. 2023 was ¥896 Mil. Therefore, Hunan Valin Wire & Cable Co's net margin for the quarter that ended in Dec. 2023 was 2.69%.

The historical rank and industry rank for Hunan Valin Wire & Cable Co's Net Margin % or its related term are showing as below:

SZSE:001208' s Net Margin % Range Over the Past 10 Years
Min: 2.49   Med: 4.44   Max: 5.51
Current: 2.49


SZSE:001208's Net Margin % is ranked worse than
65.29% of 2973 companies
in the Industrial Products industry
Industry Median: 5.17 vs SZSE:001208: 2.49

Hunan Valin Wire & Cable Co Net Margin % Historical Data

The historical data trend for Hunan Valin Wire & Cable 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.

Hunan Valin Wire & Cable Co Net Margin % Chart

Hunan Valin Wire & Cable Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 5.05 5.51 5.29 3.64 2.49

Hunan Valin Wire & Cable Co Quarterly Data
Dec17 Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.99 2.27 2.29 2.70 2.69

Competitive Comparison of Hunan Valin Wire & Cable Co's Net Margin %

For the Electrical Equipment & Parts subindustry, Hunan Valin Wire & Cable 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.


Hunan Valin Wire & Cable Co's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hunan Valin Wire & Cable Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Hunan Valin Wire & Cable Co's Net Margin % falls into.



Hunan Valin Wire & Cable 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.

Hunan Valin Wire & Cable 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 )
=86.503/3470.053
=2.49 %

Hunan Valin Wire & Cable 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 )
=24.07/896.057
=2.69 %

* 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.


Hunan Valin Wire & Cable Co  (SZSE:001208) 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.


Hunan Valin Wire & Cable Co Net Margin % Related Terms

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Hunan Valin Wire & Cable Co (SZSE:001208) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jianshe South Road, High-tech Zone, Xiangtan, CHN, 411104
Hunan Valin Cable Co Ltd is a special special cable manufacturers, and its products are widely used in aerospace, weaponry, rail transit and high-speed locomotives, mining, new energy, engineering equipment, data communications and other fields.

Hunan Valin Wire & Cable Co (SZSE:001208) Headlines

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