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Shan Xi Hua Yang Group New Energy Co (SHSE:600348) Net Margin % : 14.08% (As of Mar. 2024)


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What is Shan Xi Hua Yang Group New Energy Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Shan Xi Hua Yang Group New Energy Co's Net Income for the three months ended in Mar. 2024 was ¥867 Mil. Shan Xi Hua Yang Group New Energy Co's Revenue for the three months ended in Mar. 2024 was ¥6,158 Mil. Therefore, Shan Xi Hua Yang Group New Energy Co's net margin for the quarter that ended in Mar. 2024 was 14.08%.

The historical rank and industry rank for Shan Xi Hua Yang Group New Energy Co's Net Margin % or its related term are showing as below:

SHSE:600348' s Net Margin % Range Over the Past 10 Years
Min: 0.48   Med: 5.51   Max: 20.04
Current: 16.43


SHSE:600348's Net Margin % is ranked better than
70.31% of 128 companies
in the Other Energy Sources industry
Industry Median: 9.375 vs SHSE:600348: 16.43

Shan Xi Hua Yang Group New Energy Co Net Margin % Historical Data

The historical data trend for Shan Xi Hua Yang Group New Energy 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.

Shan Xi Hua Yang Group New Energy Co Net Margin % Chart

Shan Xi Hua Yang Group New Energy 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 5.21 4.83 9.28 20.04 18.16

Shan Xi Hua Yang Group New Energy 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 20.61 18.26 20.19 13.22 14.08

Competitive Comparison of Shan Xi Hua Yang Group New Energy Co's Net Margin %

For the Thermal Coal subindustry, Shan Xi Hua Yang Group New Energy 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.


Shan Xi Hua Yang Group New Energy Co's Net Margin % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Shan Xi Hua Yang Group New Energy Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Shan Xi Hua Yang Group New Energy Co's Net Margin % falls into.



Shan Xi Hua Yang Group New Energy 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.

Shan Xi Hua Yang Group New Energy 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 )
=5179.275/28518.164
=18.16 %

Shan Xi Hua Yang Group New Energy 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 )
=867.322/6158.064
=14.08 %

* 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.


Shan Xi Hua Yang Group New Energy Co  (SHSE:600348) 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.


Shan Xi Hua Yang Group New Energy Co Net Margin % Related Terms

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Shan Xi Hua Yang Group New Energy Co (SHSE:600348) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Taobei West Street, Mining District, Shanxi Province, Yangquan, CHN, 045000
Shan Xi Hua Yang Group New Energy Co Ltd, formerly Yang Quan Coal Industry (Group) Co Ltd is mainly engaged in coal mining, processing, and distribution as well as power generation and heat supply. The company has about 1.8 billion tons of recoverable coal reserves. In 2010, Yangquan produced 26.21 million tons of coal and distributed 45.38 million tons of coal.

Shan Xi Hua Yang Group New Energy Co (SHSE:600348) Headlines

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