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Guangdong Provincial Expressway Development Co (SZSE:000429) Net Margin % : 37.41% (As of Mar. 2024)


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What is Guangdong Provincial Expressway Development Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Guangdong Provincial Expressway Development Co's Net Income for the three months ended in Mar. 2024 was ¥421 Mil. Guangdong Provincial Expressway Development Co's Revenue for the three months ended in Mar. 2024 was ¥1,124 Mil. Therefore, Guangdong Provincial Expressway Development Co's net margin for the quarter that ended in Mar. 2024 was 37.41%.

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

SZSE:000429' s Net Margin % Range Over the Past 10 Years
Min: 21.91   Med: 31.39   Max: 52.1
Current: 33.92


SZSE:000429's Net Margin % is ranked better than
96.2% of 1656 companies
in the Construction industry
Industry Median: 3.125 vs SZSE:000429: 33.92

Guangdong Provincial Expressway Development Co Net Margin % Historical Data

The historical data trend for Guangdong Provincial Expressway Development 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.

Guangdong Provincial Expressway Development Co Net Margin % Chart

Guangdong Provincial Expressway Development 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 29.39 22.90 32.16 30.62 33.49

Guangdong Provincial Expressway Development 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 35.50 40.12 34.93 23.30 37.41

Competitive Comparison of Guangdong Provincial Expressway Development Co's Net Margin %

For the Infrastructure Operations subindustry, Guangdong Provincial Expressway Development 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.


Guangdong Provincial Expressway Development Co's Net Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Guangdong Provincial Expressway Development Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Guangdong Provincial Expressway Development Co's Net Margin % falls into.



Guangdong Provincial Expressway Development 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.

Guangdong Provincial Expressway Development 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 )
=1633.811/4879.067
=33.49 %

Guangdong Provincial Expressway Development 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 )
=420.706/1124.466
=37.41 %

* 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.


Guangdong Provincial Expressway Development Co  (SZSE:000429) 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.


Guangdong Provincial Expressway Development Co Net Margin % Related Terms

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Guangdong Provincial Expressway Development Co (SZSE:000429) Business Description

Traded in Other Exchanges
Address
Zhujiang East Road, 45-46th Floor, Litong Plaza, No.32, Zhujiang New City, Tihe Disrtict, Guangzhou, CHN, 510623
Guangdong Provincial Expressway Development Co Ltd is principally engaged in the development and operation of expressways and large bridges. It is involved in tolling and maintenance of Guangfo Expressway, Fokai Expressway, Jiujiang Bridge, Huiyan Expressway, Maozhan Expressway, Jiangzhong Expressway, Kangda Expressway and Gankang Expressway.

Guangdong Provincial Expressway Development Co (SZSE:000429) Headlines

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