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Shanghai New World Co (SHSE:600628) Net Margin % : 9.37% (As of Mar. 2024)


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What is Shanghai New World Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Shanghai New World Co's Net Income for the three months ended in Mar. 2024 was ¥26 Mil. Shanghai New World Co's Revenue for the three months ended in Mar. 2024 was ¥276 Mil. Therefore, Shanghai New World Co's net margin for the quarter that ended in Mar. 2024 was 9.37%.

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

SHSE:600628' s Net Margin % Range Over the Past 10 Years
Min: -6.12   Med: 6.36   Max: 14.83
Current: 2.93


SHSE:600628's Net Margin % is ranked better than
55.72% of 1111 companies
in the Retail - Cyclical industry
Industry Median: 2.06 vs SHSE:600628: 2.93

Shanghai New World Co Net Margin % Historical Data

The historical data trend for Shanghai New World 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.

Shanghai New World Co Net Margin % Chart

Shanghai New World 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 2.22 6.75 5.96 -6.12 2.79

Shanghai New World 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 9.04 5.27 4.95 -6.09 9.37

Competitive Comparison of Shanghai New World Co's Net Margin %

For the Department Stores subindustry, Shanghai New World 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.


Shanghai New World Co's Net Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shanghai New World Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Shanghai New World Co's Net Margin % falls into.



Shanghai New World 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.

Shanghai New World 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 )
=31.657/1133.798
=2.79 %

Shanghai New World 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 )
=25.846/275.815
=9.37 %

* 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.


Shanghai New World Co  (SHSE:600628) 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.


Shanghai New World Co Net Margin % Related Terms

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Shanghai New World Co (SHSE:600628) Business Description

Traded in Other Exchanges
N/A
Address
No. 2-88 Nanjing West Road, Shanghai, Shanghai, CHN, 200003
Shanghai New World Co Ltd is a multi-industry, cross-regional, export-oriented and multi-functional comprehensive enterprise integrating domestic and foreign trade, textile new materials, automobile interiors, real estate and other industries.
Executives
Sun Yue Kai Supervisors
Ma Bing Fang senior management

Shanghai New World Co (SHSE:600628) Headlines

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