Jiangsu HSC New Energy Materials Co (SHSE:688353) Net Margin % : -12.53% (As of Mar. 2024)

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What is Jiangsu HSC New Energy Materials Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Jiangsu HSC New Energy Materials Co's Net Income for the three months ended in Mar. 2024 was ¥-12.8 Mil. Jiangsu HSC New Energy Materials Co's Revenue for the three months ended in Mar. 2024 was ¥102.2 Mil. Therefore, Jiangsu HSC New Energy Materials Co's net margin for the quarter that ended in Mar. 2024 was -12.53%.

The historical rank and industry rank for Jiangsu HSC New Energy Materials Co's Net Margin % or its related term are showing as below:

SHSE:688353' s Net Margin % Range Over the Past 10 Years
Min: -9.29 Med: 17.74 Max: 41.47
Current: -9.29

SHSE:688353's Net Margin % is ranked worse than
87.57% of 1529 companies
in the Chemicals industry
Industry Median: 4.15 vs SHSE:688353: -9.29

Jiangsu HSC New Energy Materials Co Net Margin % Historical Data

The historical data trend for Jiangsu HSC New Energy Materials 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 HSC New Energy Materials Co Net Margin % Chart

Jiangsu HSC New Energy Materials Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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17.93

17.55

41.47

30.26

-4.55

Jiangsu HSC New Energy Materials Co Quarterly Data
	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial													9.72	7.04	3.72	-38.75	-12.53

Competitive Comparison of Jiangsu HSC New Energy Materials Co's Net Margin %

For the Chemicals subindustry, Jiangsu HSC New Energy Materials 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 HSC New Energy Materials Co's Net Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu HSC New Energy Materials Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Jiangsu HSC New Energy Materials Co's Net Margin % falls into.

Jiangsu HSC New Energy Materials 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 HSC New Energy Materials 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 )
	=	-23.912	/	525.031
	=	-4.55 %

Jiangsu HSC New Energy Materials 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 )
	=	-12.803	/	102.155
	=	-12.53 %

Jiangsu HSC New Energy Materials Co (SHSE:688353) 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 HSC New Energy Materials Co Net Margin % Related Terms

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Jiangsu HSC New Energy Materials Co (SHSE:688353) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiangsu HSC New Energy Materials Co Ltd (SHSE:688353) » Definitions » Net Margin %

Traded in Other Exchanges

N/A

Address

No. 10 Qinghai Road, Yangtze River International Chemical Industrial Park, Jiangsu Province, Zhangjiagang, CHN, 215600

Website

http://www.sinohsc.com

Jiangsu HSC New Energy Materials Co Ltd is engaged in the production and sales of lithium battery electrolyte additives. The company's products mainly include two series of electronic chemicals and special silicones. In the field of electronic chemicals, the company supplies vinylene carbonate (VC) and fluoroethylene carbonate (FEC) in the market. The products are widely used in new energy vehicles, electric two-wheelers, power tools, UPS power supplies, mobile base station power supply, photovoltaic power station, 3C products and other fields. In the field of special silicones, the company manufacturers the technology of non-phosgene production of isocyanate silanes.

Jiangsu HSC New Energy Materials Co (SHSE:688353) Headlines

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