GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Suzhou Weizhixiang Food Co Ltd (SHSE:605089) » Definitions » Net Margin %

Suzhou Weizhixiang Food Co (SHSE:605089) Net Margin % : 11.39% (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Suzhou Weizhixiang Food Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Suzhou Weizhixiang Food Co's Net Income for the three months ended in Mar. 2024 was ¥18.9 Mil. Suzhou Weizhixiang Food Co's Revenue for the three months ended in Mar. 2024 was ¥165.9 Mil. Therefore, Suzhou Weizhixiang Food Co's net margin for the quarter that ended in Mar. 2024 was 11.39%.

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

SHSE:605089' s Net Margin % Range Over the Past 10 Years
Min: 14.27   Med: 16.43   Max: 20.09
Current: 15.56


SHSE:605089's Net Margin % is ranked better than
89.77% of 1858 companies
in the Consumer Packaged Goods industry
Industry Median: 3.3 vs SHSE:605089: 15.56

Suzhou Weizhixiang Food Co Net Margin % Historical Data

The historical data trend for Suzhou Weizhixiang Food 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.

Suzhou Weizhixiang Food Co Net Margin % Chart

Suzhou Weizhixiang Food Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 15.90 20.09 17.35 17.94 16.95

Suzhou Weizhixiang Food Co Quarterly Data
Dec18 Jun19 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 17.62 18.19 16.10 15.65 11.39

Competitive Comparison of Suzhou Weizhixiang Food Co's Net Margin %

For the Packaged Foods subindustry, Suzhou Weizhixiang Food 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.


Suzhou Weizhixiang Food Co's Net Margin % Distribution in the Consumer Packaged Goods Industry

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

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



Suzhou Weizhixiang Food 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.

Suzhou Weizhixiang Food 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 )
=135.416/799.123
=16.95 %

Suzhou Weizhixiang Food 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 )
=18.906/165.947
=11.39 %

* 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.


Suzhou Weizhixiang Food Co  (SHSE:605089) 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.


Suzhou Weizhixiang Food Co Net Margin % Related Terms

Thank you for viewing the detailed overview of Suzhou Weizhixiang Food Co's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Suzhou Weizhixiang Food Co (SHSE:605089) Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Xingdong Road, Wangshan Industrial Park, Wuzhong Economic Development Zone, Jiangsu Province, Suzhou, CHN, 215103
Suzhou Weizhixiang Food Co Ltd is engaged in the research and development, production and sales of semi-finished vegetables.
Executives
Xia Jing Directors, senior managers

Suzhou Weizhixiang Food Co (SHSE:605089) Headlines

No Headlines