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Wei Long Grape Wine Co (SHSE:603779) Net Margin % : 13.56% (As of Mar. 2024)


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What is Wei Long Grape Wine Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Wei Long Grape Wine Co's Net Income for the three months ended in Mar. 2024 was ¥18.5 Mil. Wei Long Grape Wine Co's Revenue for the three months ended in Mar. 2024 was ¥136.2 Mil. Therefore, Wei Long Grape Wine Co's net margin for the quarter that ended in Mar. 2024 was 13.56%.

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

SHSE:603779' s Net Margin % Range Over the Past 10 Years
Min: -87.35   Med: 3.65   Max: 7.64
Current: -25.99


SHSE:603779's Net Margin % is ranked worse than
86.32% of 212 companies
in the Beverages - Alcoholic industry
Industry Median: 5.505 vs SHSE:603779: -25.99

Wei Long Grape Wine Co Net Margin % Historical Data

The historical data trend for Wei Long Grape Wine 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.

Wei Long Grape Wine Co Net Margin % Chart

Wei Long Grape Wine 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 -3.88 -55.99 -87.35 2.36 -40.31

Wei Long Grape Wine 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 -27.98 4.10 11.34 -130.42 13.56

Competitive Comparison of Wei Long Grape Wine Co's Net Margin %

For the Beverages - Wineries & Distilleries subindustry, Wei Long Grape Wine 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.


Wei Long Grape Wine Co's Net Margin % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Wei Long Grape Wine Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Wei Long Grape Wine Co's Net Margin % falls into.



Wei Long Grape Wine 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.

Wei Long Grape Wine 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 )
=-155.122/384.832
=-40.31 %

Wei Long Grape Wine 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 )
=18.467/136.193
=13.56 %

* 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.


Wei Long Grape Wine Co  (SHSE:603779) 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.


Wei Long Grape Wine Co Net Margin % Related Terms

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Wei Long Grape Wine Co (SHSE:603779) Business Description

Traded in Other Exchanges
N/A
Address
276 Huan Cheng Bei Lu, Longkou Shi, Shandong Sheng, Yantai Shi, CHN, 265701
Wei Long Grape Wine Co Ltd produces and sells wines in China. Its business scope includes wine grape cultivation, winemaking, bottling, and packaging. It offers organic, dry red, dry white, special grape, and green wines, as well as sweet wine, brandy, and sparkling wine.
Executives
Wang Zhen Hai Director

Wei Long Grape Wine Co (SHSE:603779) Headlines

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