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Jiangsu Riying Electronics Co (SHSE:603286) Net Margin % : 2.91% (As of Mar. 2024)


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What is Jiangsu Riying Electronics Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Jiangsu Riying Electronics Co's Net Income for the three months ended in Mar. 2024 was ¥5.7 Mil. Jiangsu Riying Electronics Co's Revenue for the three months ended in Mar. 2024 was ¥196.2 Mil. Therefore, Jiangsu Riying Electronics Co's net margin for the quarter that ended in Mar. 2024 was 2.91%.

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

SHSE:603286' s Net Margin % Range Over the Past 10 Years
Min: -2.43   Med: 5.79   Max: 17.65
Current: 1.35


SHSE:603286's Net Margin % is ranked worse than
67.08% of 1282 companies
in the Vehicles & Parts industry
Industry Median: 3.35 vs SHSE:603286: 1.35

Jiangsu Riying Electronics Co Net Margin % Historical Data

The historical data trend for Jiangsu Riying Electronics 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.

Jiangsu Riying Electronics Co Net Margin % Chart

Jiangsu Riying Electronics 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 5.37 2.98 1.86 -2.43 1.04

Jiangsu Riying Electronics 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 1.81 0.80 0.66 1.12 2.91

Competitive Comparison of Jiangsu Riying Electronics Co's Net Margin %

For the Auto Parts subindustry, Jiangsu Riying Electronics 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.


Jiangsu Riying Electronics Co's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Jiangsu Riying Electronics Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Jiangsu Riying Electronics Co's Net Margin % falls into.



Jiangsu Riying Electronics 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.

Jiangsu Riying Electronics 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 )
=7.943/761.921
=1.04 %

Jiangsu Riying Electronics 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 )
=5.701/196.165
=2.91 %

* 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.


Jiangsu Riying Electronics Co  (SHSE:603286) 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.


Jiangsu Riying Electronics Co Net Margin % Related Terms

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Jiangsu Riying Electronics Co (SHSE:603286) Business Description

Traded in Other Exchanges
N/A
Address
Hengshan Bridge Fangmao Village, Wujin District, Jiangsu Province, Changzhou City, CHN, 213119
Jiangsu Riying Electronics Co Ltd is engaged in the development of automotive and motorcycle related products and other related solutions in China. Its products mainly include automotive cleaning systems, precision injection molded parts, automotive electronics, automotive wiring harnesses and high voltage distribution boxes, ambient lights, and new energy chain.
Executives
Shi Rong Zhu Director
Jin Zhen Hua senior management
Ji Xian Wei senior management
Han Ya Wei Director
Lu Peng Director

Jiangsu Riying Electronics Co (SHSE:603286) Headlines

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