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Dehua Tb New Decoration Material Co (SZSE:002043) Net Margin % : 5.97% (As of Mar. 2024)


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What is Dehua Tb New Decoration Material Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Dehua Tb New Decoration Material Co's Net Income for the three months ended in Mar. 2024 was ¥89 Mil. Dehua Tb New Decoration Material Co's Revenue for the three months ended in Mar. 2024 was ¥1,483 Mil. Therefore, Dehua Tb New Decoration Material Co's net margin for the quarter that ended in Mar. 2024 was 5.97%.

The historical rank and industry rank for Dehua Tb New Decoration Material Co's Net Margin % or its related term are showing as below:

SZSE:002043' s Net Margin % Range Over the Past 10 Years
Min: 3.03   Med: 7.58   Max: 9.71
Current: 7.46


SZSE:002043's Net Margin % is ranked better than
76.31% of 287 companies
in the Forest Products industry
Industry Median: 2.16 vs SZSE:002043: 7.46

Dehua Tb New Decoration Material Co Net Margin % Historical Data

The historical data trend for Dehua Tb New Decoration Material 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.

Dehua Tb New Decoration Material Co Net Margin % Chart

Dehua Tb New Decoration Material 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 8.51 6.23 7.55 5.00 7.61

Dehua Tb New Decoration Material 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 6.70 9.95 6.82 6.97 5.97

Competitive Comparison of Dehua Tb New Decoration Material Co's Net Margin %

For the Lumber & Wood Production subindustry, Dehua Tb New Decoration Material 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.


Dehua Tb New Decoration Material Co's Net Margin % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Dehua Tb New Decoration Material Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Dehua Tb New Decoration Material Co's Net Margin % falls into.



Dehua Tb New Decoration Material 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.

Dehua Tb New Decoration Material 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 )
=689.424/9062.859
=7.61 %

Dehua Tb New Decoration Material 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 )
=88.548/1482.677
=5.97 %

* 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.


Dehua Tb New Decoration Material Co  (SZSE:002043) 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.


Dehua Tb New Decoration Material Co Net Margin % Related Terms

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Dehua Tb New Decoration Material Co (SZSE:002043) Business Description

Traded in Other Exchanges
N/A
Address
Luoshe Town Industrial Zone, Deqing County, Zhejiang Province, Huzhou, CHN, 313200
Dehua Tb New Decoration Material Co Ltd is a China-based decorative plywood manufacturer. Its product portfolio comprises veneers, plywood, flitches, wooden doors, adhesive products, raw wood and single boards, and others. The company sells its products in China and also exports it to the other international countries.
Executives
Lu Li Hua Directors, executives
Ding Guan Fen Supervisors
Ni Liu Shun Executives
Yao Yan Ying Supervisors
Yao Hong Xia Directors, executives
Zhuo Yan Executives
Xu Jun Directors, Directors, and Executives
Zhang Qi Sheng Independent director
Sun Chao Kun Executives
Wang Bin Bin Executives

Dehua Tb New Decoration Material Co (SZSE:002043) Headlines

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