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Wuxi Lead Intelligent Equipment Co (SZSE:300450) Net Margin % : 17.05% (As of Mar. 2024)


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What is Wuxi Lead Intelligent Equipment Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Wuxi Lead Intelligent Equipment Co's Net Income for the three months ended in Mar. 2024 was ¥565 Mil. Wuxi Lead Intelligent Equipment Co's Revenue for the three months ended in Mar. 2024 was ¥3,311 Mil. Therefore, Wuxi Lead Intelligent Equipment Co's net margin for the quarter that ended in Mar. 2024 was 17.05%.

The historical rank and industry rank for Wuxi Lead Intelligent Equipment Co's Net Margin % or its related term are showing as below:

SZSE:300450' s Net Margin % Range Over the Past 10 Years
Min: 10.66   Med: 17.87   Max: 27.15
Current: 10.66


SZSE:300450's Net Margin % is ranked better than
76.1% of 2971 companies
in the Industrial Products industry
Industry Median: 5 vs SZSE:300450: 10.66

Wuxi Lead Intelligent Equipment Co Net Margin % Historical Data

The historical data trend for Wuxi Lead Intelligent Equipment 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.

Wuxi Lead Intelligent Equipment Co Net Margin % Chart

Wuxi Lead Intelligent Equipment 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 16.34 13.10 15.79 16.64 10.67

Wuxi Lead Intelligent Equipment 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 17.21 16.71 18.41 -15.95 17.05

Competitive Comparison of Wuxi Lead Intelligent Equipment Co's Net Margin %

For the Specialty Industrial Machinery subindustry, Wuxi Lead Intelligent Equipment 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.


Wuxi Lead Intelligent Equipment Co's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuxi Lead Intelligent Equipment Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Wuxi Lead Intelligent Equipment Co's Net Margin % falls into.



Wuxi Lead Intelligent Equipment 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.

Wuxi Lead Intelligent Equipment 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 )
=1774.566/16628.361
=10.67 %

Wuxi Lead Intelligent Equipment 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 )
=564.502/3310.929
=17.05 %

* 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.


Wuxi Lead Intelligent Equipment Co  (SZSE:300450) 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.


Wuxi Lead Intelligent Equipment Co Net Margin % Related Terms

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Wuxi Lead Intelligent Equipment Co (SZSE:300450) Business Description

Traded in Other Exchanges
N/A
Address
No. 20 Xinxi Road, Wuxi National Hi-Tech Industrial Development Zone, Jiangsu Province, Wuxi, CHN, 214028
Wuxi Lead Intelligent Equipment Co Ltd, formerly Wuxi Lead Auto Equipment Co Ltd is engaged in manufacturing automation equipment such as lithium battery manufacturing equipment, automatic winding machine & Photovoltaic cells automation equipment.

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