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Renheng Enterprise Holdings (HKSE:03628) Net Margin % : 19.16% (As of Dec. 2023)


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What is Renheng Enterprise Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Renheng Enterprise Holdings's Net Income for the six months ended in Dec. 2023 was HK$12.8 Mil. Renheng Enterprise Holdings's Revenue for the six months ended in Dec. 2023 was HK$66.6 Mil. Therefore, Renheng Enterprise Holdings's net margin for the quarter that ended in Dec. 2023 was 19.16%.

The historical rank and industry rank for Renheng Enterprise Holdings's Net Margin % or its related term are showing as below:

HKSE:03628' s Net Margin % Range Over the Past 10 Years
Min: -32.38   Med: 0.98   Max: 10.9
Current: 10.9


HKSE:03628's Net Margin % is ranked better than
76.82% of 2973 companies
in the Industrial Products industry
Industry Median: 5.12 vs HKSE:03628: 10.90

Renheng Enterprise Holdings Net Margin % Historical Data

The historical data trend for Renheng Enterprise Holdings'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.

Renheng Enterprise Holdings Net Margin % Chart

Renheng Enterprise Holdings 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 0.98 -1.03 0.98 -3.42 10.90

Renheng Enterprise Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 -2.44 -6.08 -0.94 1.39 19.16

Competitive Comparison of Renheng Enterprise Holdings's Net Margin %

For the Specialty Industrial Machinery subindustry, Renheng Enterprise Holdings'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.


Renheng Enterprise Holdings's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Renheng Enterprise Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Renheng Enterprise Holdings's Net Margin % falls into.



Renheng Enterprise Holdings 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.

Renheng Enterprise Holdings'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 )
=13.558/124.423
=10.90 %

Renheng Enterprise Holdings'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 )
=12.754/66.583
=19.16 %

* 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.


Renheng Enterprise Holdings  (HKSE:03628) 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.


Renheng Enterprise Holdings Net Margin % Related Terms

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Renheng Enterprise Holdings (HKSE:03628) Business Description

Traded in Other Exchanges
N/A
Address
16 Harcourt Road, Room 3805, 38th Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG
Renheng Enterprise Holdings Ltd is an investment holding company that is engaged in the manufacture and sale of tobacco machinery products in the PRC. The company mainly produces three types of catalogued special-purpose tobacco machinery products, namely casing and flavoring system, pneumatic feeding system and pre-pressing packing machine. It is also engaged in the provision of maintenance, overhaul and modification services in respect of tobacco machinery products. The sale of catalogued special-purpose tobacco machinery products contributes most of the firm's revenue. All of the group's revenue are derived in the PRC.

Renheng Enterprise Holdings (HKSE:03628) Headlines

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