Shenzhen Cereals Holdings Co (SZSE:000019) Net Margin % : 5.96% (As of Mar. 2024)

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What is Shenzhen Cereals Holdings Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Shenzhen Cereals Holdings Co's Net Income for the three months ended in Mar. 2024 was ¥64 Mil. Shenzhen Cereals Holdings Co's Revenue for the three months ended in Mar. 2024 was ¥1,073 Mil. Therefore, Shenzhen Cereals Holdings Co's net margin for the quarter that ended in Mar. 2024 was 5.96%.

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

SZSE:000019' s Net Margin % Range Over the Past 10 Years
Min: -10.42 Med: 3.52 Max: 35.34
Current: 5.17

SZSE:000019's Net Margin % is ranked better than
62.04% of 1860 companies
in the Consumer Packaged Goods industry
Industry Median: 3.21 vs SZSE:000019: 5.17

Shenzhen Cereals Holdings Co Net Margin % Historical Data

The historical data trend for Shenzhen Cereals Holdings 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.

Shenzhen Cereals Holdings Co Net Margin % Chart

Shenzhen Cereals Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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3.29

3.41

4.23

5.06

5.62

Shenzhen Cereals Holdings 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															7.88	4.20	6.44	4.30	5.96

Competitive Comparison of Shenzhen Cereals Holdings Co's Net Margin %

For the Packaged Foods subindustry, Shenzhen Cereals Holdings 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.

Shenzhen Cereals Holdings Co's Net Margin % Distribution in the Consumer Packaged Goods Industry

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

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

Shenzhen Cereals Holdings 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.

Shenzhen Cereals Holdings 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 )
	=	347.825	/	6190.005
	=	5.62 %

Shenzhen Cereals Holdings 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 )
	=	63.896	/	1072.963
	=	5.96 %

Shenzhen Cereals Holdings Co (SZSE:000019) 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.

Shenzhen Cereals Holdings Co Net Margin % Related Terms

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Shenzhen Cereals Holdings Co (SZSE:000019) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shenzhen Cereals Holdings Co Ltd (SZSE:000019) » Definitions » Net Margin %

Traded in Other Exchanges

200019:China

Address

No. 9 Fuhong Road, 13th Floor, Tower A, World Trade Plaza, Futian District, Shenzhen, CHN, 518033

Website

http://www.slkg1949.com

Shenzhen Cereals Holdings Co Ltd is in the business of tea refining and tea sales, tea e-commerce, food and beverage, research and development. Its products include instant tea powder, juice, oyster sauce, chicken and seafood sauce, lemon tea, herbal tea, and other drinks. The company sells its products under the brand names of Golden eagle, Jufangyong, Gutan, Fuhai tong, Mitsui, Shenbao and others. It focuses on tea industry development, established industrial chain involving tea cultivation, purified tea, tea extract, tea cultural experience, e-commerce, tea trading platform, and finance. The company is also engaged in grain and oil processing and sale of flour, rice, cooking oil and other products.

Shenzhen Cereals Holdings Co (SZSE:000019) Headlines

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