GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hengtong Logistic Co Ltd (SHSE:603223) » Definitions » Net Margin %

Hengtong Logistic Co (SHSE:603223) Net Margin % : 4.23% (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Hengtong Logistic Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Hengtong Logistic Co's Net Income for the three months ended in Mar. 2024 was ¥28 Mil. Hengtong Logistic Co's Revenue for the three months ended in Mar. 2024 was ¥663 Mil. Therefore, Hengtong Logistic Co's net margin for the quarter that ended in Mar. 2024 was 4.23%.

The historical rank and industry rank for Hengtong Logistic Co's Net Margin % or its related term are showing as below:

SHSE:603223' s Net Margin % Range Over the Past 10 Years
Min: 0.04   Med: 2.07   Max: 4.03
Current: 3.31


SHSE:603223's Net Margin % is ranked worse than
62.59% of 965 companies
in the Transportation industry
Industry Median: 5.4 vs SHSE:603223: 3.31

Hengtong Logistic Co Net Margin % Historical Data

The historical data trend for Hengtong Logistic 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.

Hengtong Logistic Co Net Margin % Chart

Hengtong Logistic 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 0.04 2.18 1.40 1.97 3.13

Hengtong Logistic 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 3.22 3.72 3.00 2.43 4.23

Competitive Comparison of Hengtong Logistic Co's Net Margin %

For the Trucking subindustry, Hengtong Logistic 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.


Hengtong Logistic Co's Net Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hengtong Logistic Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Hengtong Logistic Co's Net Margin % falls into.



Hengtong Logistic 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.

Hengtong Logistic 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 )
=117.491/3755.888
=3.13 %

Hengtong Logistic 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 )
=28.063/662.65
=4.23 %

* 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.


Hengtong Logistic Co  (SHSE:603223) 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.


Hengtong Logistic Co Net Margin % Related Terms

Thank you for viewing the detailed overview of Hengtong Logistic Co's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Hengtong Logistic Co (SHSE:603223) Business Description

Traded in Other Exchanges
N/A
Address
Export-oriented Economic Development Zone Hengtong Logistics Park, Tuchengzi Village, Longkou, CHN, 265716
Hengtong Logistic Co Ltd is an automotive freight transportation logistics company. It provides services including road freight transport, heavy truck sales and vehicle maintenance, vehicle transportation, lifting, port storage and driver training. It consists of three patterns: physical logistics, clean energy, and internet logistics.
Executives
Liu Zhen Dong Director
Yu Jiang Shui Director
Li Jian senior management
Yu Shi Wei Director
Wang Guang Chen senior management
Jie Ling Ling Director
Li Jia Guo Supervisors
Liu Guo Yang Director

Hengtong Logistic Co (SHSE:603223) Headlines

No Headlines