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Kunshan Huguang Auto Harness Co (SHSE:605333) Net Margin % : 6.58% (As of Mar. 2024)


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What is Kunshan Huguang Auto Harness Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Kunshan Huguang Auto Harness Co's Net Income for the three months ended in Mar. 2024 was ¥101 Mil. Kunshan Huguang Auto Harness Co's Revenue for the three months ended in Mar. 2024 was ¥1,533 Mil. Therefore, Kunshan Huguang Auto Harness Co's net margin for the quarter that ended in Mar. 2024 was 6.58%.

The historical rank and industry rank for Kunshan Huguang Auto Harness Co's Net Margin % or its related term are showing as below:

SHSE:605333' s Net Margin % Range Over the Past 10 Years
Min: -0.04   Med: 4.85   Max: 7.92
Current: 3.68


SHSE:605333's Net Margin % is ranked better than
51.91% of 1285 companies
in the Vehicles & Parts industry
Industry Median: 3.4 vs SHSE:605333: 3.68

Kunshan Huguang Auto Harness Co Net Margin % Historical Data

The historical data trend for Kunshan Huguang Auto Harness 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.

Kunshan Huguang Auto Harness Co Net Margin % Chart

Kunshan Huguang Auto Harness Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only 6.21 4.85 -0.04 1.25 1.35

Kunshan Huguang Auto Harness 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 -3.80 -2.13 1.92 4.70 6.58

Competitive Comparison of Kunshan Huguang Auto Harness Co's Net Margin %

For the Auto Parts subindustry, Kunshan Huguang Auto Harness 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.


Kunshan Huguang Auto Harness Co's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kunshan Huguang Auto Harness Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Kunshan Huguang Auto Harness Co's Net Margin % falls into.



Kunshan Huguang Auto Harness 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.

Kunshan Huguang Auto Harness 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 )
=54.097/4002.755
=1.35 %

Kunshan Huguang Auto Harness 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 )
=100.791/1532.93
=6.58 %

* 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.


Kunshan Huguang Auto Harness Co  (SHSE:605333) 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.


Kunshan Huguang Auto Harness Co Net Margin % Related Terms

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Kunshan Huguang Auto Harness Co (SHSE:605333) Business Description

Traded in Other Exchanges
N/A
Address
No. 388 Huguang Road, Zhangpu Town, Jiangsu Province, Kunshan, CHN, 215326
Kunshan Huguang Auto Harness Co Ltd is engaged in manufacturing and sales of automotive wiring harnesses. The company specializes in development and production of high and low voltage wire harness assembly. Its products include engine harness, KNK harness, door harness, HV harness, front cabin harness, instrument harness, cable harness and ABS wire harness.
Executives
Zhou Ye Supervisors

Kunshan Huguang Auto Harness Co (SHSE:605333) Headlines

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