GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AA Industrial Belting (Shanghai) Co Ltd (SHSE:603580) » Definitions » Net Margin %

AA Industrial Belting (Shanghai) Co (SHSE:603580) Net Margin % : 3.37% (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is AA Industrial Belting (Shanghai) Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. AA Industrial Belting (Shanghai) Co's Net Income for the three months ended in Mar. 2024 was ¥1.2 Mil. AA Industrial Belting (Shanghai) Co's Revenue for the three months ended in Mar. 2024 was ¥36.6 Mil. Therefore, AA Industrial Belting (Shanghai) Co's net margin for the quarter that ended in Mar. 2024 was 3.37%.

The historical rank and industry rank for AA Industrial Belting (Shanghai) Co's Net Margin % or its related term are showing as below:

SHSE:603580' s Net Margin % Range Over the Past 10 Years
Min: -1.59   Med: 18.2   Max: 20.8
Current: 1.94


SHSE:603580's Net Margin % is ranked worse than
68.03% of 2972 companies
in the Industrial Products industry
Industry Median: 5.075 vs SHSE:603580: 1.94

AA Industrial Belting (Shanghai) Co Net Margin % Historical Data

The historical data trend for AA Industrial Belting (Shanghai) 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.

AA Industrial Belting (Shanghai) Co Net Margin % Chart

AA Industrial Belting (Shanghai) 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 18.37 15.74 13.50 -1.59 1.51

AA Industrial Belting (Shanghai) 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 1.49 4.27 3.52 -3.88 3.37

Competitive Comparison of AA Industrial Belting (Shanghai) Co's Net Margin %

For the Specialty Industrial Machinery subindustry, AA Industrial Belting (Shanghai) 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.


AA Industrial Belting (Shanghai) Co's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AA Industrial Belting (Shanghai) Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where AA Industrial Belting (Shanghai) Co's Net Margin % falls into.



AA Industrial Belting (Shanghai) 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.

AA Industrial Belting (Shanghai) 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 )
=2.336/154.619
=1.51 %

AA Industrial Belting (Shanghai) 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 )
=1.232/36.597
=3.37 %

* 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.


AA Industrial Belting (Shanghai) Co  (SHSE:603580) 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.


AA Industrial Belting (Shanghai) Co Net Margin % Related Terms

Thank you for viewing the detailed overview of AA Industrial Belting (Shanghai) Co's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


AA Industrial Belting (Shanghai) Co (SHSE:603580) Business Description

Traded in Other Exchanges
N/A
Address
580 Xiangyin Road, Shanghai, CHN, 200433
AA Industrial Belting (Shanghai) Co Ltd is specialized in the research and development of light conveyor belts. Its main products include thermoplastic urethane (TPU) conveyor belts, thermoplastic polyester elastomeric (TPEE) conveyor belts, polyvinyl chloride (PVC) conveyor belts, polyethylene (PE) conveyor belts and seamless conveyor belts. Its product is widely used in food processing, airport logistics, textile printing, automotive and steel processing, tire, tobacco, and aluminum industry.

AA Industrial Belting (Shanghai) Co (SHSE:603580) Headlines

No Headlines