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Jiangxilt Industry Group Co (SHSE:601065) Net Margin % : 20.22% (As of Mar. 2024)


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What is Jiangxilt Industry Group Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Jiangxilt Industry Group Co's Net Income for the three months ended in Mar. 2024 was ¥140 Mil. Jiangxilt Industry Group Co's Revenue for the three months ended in Mar. 2024 was ¥693 Mil. Therefore, Jiangxilt Industry Group Co's net margin for the quarter that ended in Mar. 2024 was 20.22%.

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

SHSE:601065' s Net Margin % Range Over the Past 10 Years
Min: 2.91   Med: 9.91   Max: 17.56
Current: 17.56


SHSE:601065's Net Margin % is ranked better than
91.65% of 1856 companies
in the Consumer Packaged Goods industry
Industry Median: 3.295 vs SHSE:601065: 17.56

Jiangxilt Industry Group Co Net Margin % Historical Data

The historical data trend for Jiangxilt Industry Group 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.

Jiangxilt Industry Group Co Net Margin % Chart

Jiangxilt Industry Group Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 2.91 10.96 8.85 14.35 17.14

Jiangxilt Industry Group Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 18.39 13.99 15.72 20.55 20.22

Competitive Comparison of Jiangxilt Industry Group Co's Net Margin %

For the Packaged Foods subindustry, Jiangxilt Industry Group 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.


Jiangxilt Industry Group Co's Net Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jiangxilt Industry Group Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Jiangxilt Industry Group Co's Net Margin % falls into.



Jiangxilt Industry Group 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.

Jiangxilt Industry Group 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 )
=495.046/2887.555
=17.14 %

Jiangxilt Industry Group 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 )
=140.111/693.076
=20.22 %

* 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.


Jiangxilt Industry Group Co  (SHSE:601065) 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.


Jiangxilt Industry Group Co Net Margin % Related Terms

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Jiangxilt Industry Group Co (SHSE:601065) Business Description

Traded in Other Exchanges
N/A
Address
No. 369, Lushan South Avenue, Honggutan District, Jiangxi Province, Nanchang, CHN, 330038
Jiangxi Salt Industry Group Co Ltd is engaged in the research and development, production and sales of salt and salt chemical products.

Jiangxilt Industry Group Co (SHSE:601065) Headlines

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