GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Daqin Railway Co Ltd (SHSE:601006) » Definitions » Net Margin %

Daqin Railway Co (SHSE:601006) Net Margin % : 16.68% (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Daqin Railway Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Daqin Railway Co's Net Income for the three months ended in Mar. 2024 was ¥3,046 Mil. Daqin Railway Co's Revenue for the three months ended in Mar. 2024 was ¥18,268 Mil. Therefore, Daqin Railway Co's net margin for the quarter that ended in Mar. 2024 was 16.68%.

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

SHSE:601006' s Net Margin % Range Over the Past 10 Years
Min: 14.25   Med: 16.58   Max: 26.28
Current: 14.25


SHSE:601006's Net Margin % is ranked better than
75.15% of 970 companies
in the Transportation industry
Industry Median: 5.385 vs SHSE:601006: 14.25

Daqin Railway Co Net Margin % Historical Data

The historical data trend for Daqin Railway 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.

Daqin Railway Co Net Margin % Chart

Daqin Railway 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 17.10 14.82 15.48 14.78 14.72

Daqin Railway 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 18.42 18.85 17.56 4.05 16.68

Competitive Comparison of Daqin Railway Co's Net Margin %

For the Railroads subindustry, Daqin Railway 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.


Daqin Railway Co's Net Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Daqin Railway Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Daqin Railway Co's Net Margin % falls into.



Daqin Railway 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.

Daqin Railway 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 )
=11930.006/81020.392
=14.72 %

Daqin Railway 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 )
=3046.457/18268.457
=16.68 %

* 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.


Daqin Railway Co  (SHSE:601006) 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.


Daqin Railway Co Net Margin % Related Terms

Thank you for viewing the detailed overview of Daqin Railway Co's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Daqin Railway Co (SHSE:601006) Business Description

Traded in Other Exchanges
N/A
Address
No. 14 Zhanbei Street, Shanxi, Datong, CHN, 037005
Daqin Railway is a state-owned rail-transport operator in China. The company's core asset, Daqin Line, and its 41%-owned Shuohuang Line, are China's busiest east-west coal railways. Their combined volume accounts for about one quarter of China's railway coal volume. Coal rail-transport contributes the bulk of Daqin's operating profit. Daqin also hauls other bulk and non-bulk freight and provides passenger rail service.

Daqin Railway Co (SHSE:601006) Headlines

No Headlines