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Bestore Co (SHSE:603719) Net Margin % : 2.55% (As of Mar. 2024)


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What is Bestore Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Bestore Co's Net Income for the three months ended in Mar. 2024 was ¥62 Mil. Bestore Co's Revenue for the three months ended in Mar. 2024 was ¥2,451 Mil. Therefore, Bestore Co's net margin for the quarter that ended in Mar. 2024 was 2.55%.

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

SHSE:603719' s Net Margin % Range Over the Past 10 Years
Min: 0.71   Med: 3.02   Max: 4.41
Current: 1.16


SHSE:603719's Net Margin % is ranked worse than
65.45% of 1861 companies
in the Consumer Packaged Goods industry
Industry Median: 3.27 vs SHSE:603719: 1.16

Bestore Co Net Margin % Historical Data

The historical data trend for Bestore 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.

Bestore Co Net Margin % Chart

Bestore Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only 4.41 4.35 3.02 3.55 2.24

Bestore 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 6.24 2.54 0.10 -0.54 2.55

Competitive Comparison of Bestore Co's Net Margin %

For the Packaged Foods subindustry, Bestore 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.


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

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

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



Bestore 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.

Bestore 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 )
=180.286/8045.889
=2.24 %

Bestore 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 )
=62.483/2451.352
=2.55 %

* 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.


Bestore Co  (SHSE:603719) 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.


Bestore Co Net Margin % Related Terms

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Bestore Co (SHSE:603719) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Zaomaling Innovation Avenue, Dongxihu District, Hubei Province, Wuhan, CHN, 430000
Bestore Co Ltd is engaged in the procurement, sales and operation of snack foods. The company's products include bulk food including refrigerated frozen food, bulk cooked food; pre-packaged food including refrigerated frozen food; special food such as health products, infant formula milk powder, other infant formula; vegetables; dried fruits; flowers; daily necessities; agricultural products; agricultural and sideline products; hot foods including semi-finished foods; pastry foods including decorating foods; production and sale of homemade beverages including homemade fresh milk beverages; cold foods; raw foods including meat products, raw seafood foods; food packaging and processing; storage services, and venue rental.

Bestore Co (SHSE:603719) Headlines

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