GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Inner Mongolia Mengdian Huaneng Thermal Power Corp Ltd (SHSE:600863) » Definitions » Net Margin %

Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863) Net Margin % : 15.95% (As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Inner Mongolia Mengdian Huaneng Thermal Power Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Inner Mongolia Mengdian Huaneng Thermal Power's Net Income for the three months ended in Mar. 2024 was ¥888 Mil. Inner Mongolia Mengdian Huaneng Thermal Power's Revenue for the three months ended in Mar. 2024 was ¥5,572 Mil. Therefore, Inner Mongolia Mengdian Huaneng Thermal Power's net margin for the quarter that ended in Mar. 2024 was 15.95%.

The historical rank and industry rank for Inner Mongolia Mengdian Huaneng Thermal Power's Net Margin % or its related term are showing as below:

SHSE:600863' s Net Margin % Range Over the Past 10 Years
Min: 2.62   Med: 6.08   Max: 9.99
Current: 9.2


SHSE:600863's Net Margin % is ranked better than
53.37% of 416 companies
in the Utilities - Independent Power Producers industry
Industry Median: 7.685 vs SHSE:600863: 9.20

Inner Mongolia Mengdian Huaneng Thermal Power Net Margin % Historical Data

The historical data trend for Inner Mongolia Mengdian Huaneng Thermal Power'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.

Inner Mongolia Mengdian Huaneng Thermal Power Net Margin % Chart

Inner Mongolia Mengdian Huaneng Thermal Power 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 7.63 4.94 2.62 7.66 8.90

Inner Mongolia Mengdian Huaneng Thermal Power 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 14.34 12.21 11.90 -3.23 15.95

Competitive Comparison of Inner Mongolia Mengdian Huaneng Thermal Power's Net Margin %

For the Utilities - Independent Power Producers subindustry, Inner Mongolia Mengdian Huaneng Thermal Power'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.


Inner Mongolia Mengdian Huaneng Thermal Power's Net Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Inner Mongolia Mengdian Huaneng Thermal Power's Net Margin % distribution charts can be found below:

* The bar in red indicates where Inner Mongolia Mengdian Huaneng Thermal Power's Net Margin % falls into.



Inner Mongolia Mengdian Huaneng Thermal Power 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.

Inner Mongolia Mengdian Huaneng Thermal Power'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 )
=2004.868/22525.312
=8.90 %

Inner Mongolia Mengdian Huaneng Thermal Power'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 )
=888.41/5571.66
=15.95 %

* 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.


Inner Mongolia Mengdian Huaneng Thermal Power  (SHSE:600863) 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.


Inner Mongolia Mengdian Huaneng Thermal Power Net Margin % Related Terms

Thank you for viewing the detailed overview of Inner Mongolia Mengdian Huaneng Thermal Power's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863) Business Description

Traded in Other Exchanges
N/A
Address
No.218, Xilin South Road, Inner Mongolia Autonomous Region, Huhehaote, CHN, 010020
Inner Mongolia Mengdian Huaneng Thermal Power Corp Ltd is engaged in the generation and distribution of electric heat and power.

Inner Mongolia Mengdian Huaneng Thermal Power (SHSE:600863) Headlines

No Headlines