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MYS Group Co (SZSE:002303) Net Margin % : 8.25% (As of Mar. 2024)


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What is MYS Group Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. MYS Group Co's Net Income for the three months ended in Mar. 2024 was ¥69 Mil. MYS Group Co's Revenue for the three months ended in Mar. 2024 was ¥842 Mil. Therefore, MYS Group Co's net margin for the quarter that ended in Mar. 2024 was 8.25%.

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

SZSE:002303' s Net Margin % Range Over the Past 10 Years
Min: 2.74   Med: 10.5   Max: 16.81
Current: 6.37


SZSE:002303's Net Margin % is ranked better than
65.97% of 382 companies
in the Packaging & Containers industry
Industry Median: 3.935 vs SZSE:002303: 6.37

MYS Group Co Net Margin % Historical Data

The historical data trend for MYS Group 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.

MYS Group Co Net Margin % Chart

MYS Group 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 15.78 5.77 2.74 3.26 5.58

MYS Group 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 4.85 7.25 6.37 3.79 8.25

Competitive Comparison of MYS Group Co's Net Margin %

For the Packaging & Containers subindustry, MYS Group 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.


MYS Group Co's Net Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, MYS Group Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where MYS Group Co's Net Margin % falls into.



MYS Group 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.

MYS Group 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 )
=196.092/3512.962
=5.58 %

MYS Group 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 )
=69.462/841.979
=8.25 %

* 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.


MYS Group Co  (SZSE:002303) 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.


MYS Group Co Net Margin % Related Terms

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MYS Group Co (SZSE:002303) Business Description

Traded in Other Exchanges
N/A
Address
Building A, Meiyingsen Factory, Guangming New Shantou Village, Guangming New District, Guangdong, Shenzhen, CHN, 518107
MYS Group Co Ltd is mainly engaged in research and development, production and sales of light and heavy environmental packaging, electronic label and RFID products, and provides packaging product design, packaging solution optimization, third-party procurement and packaging product logistics and distribution, supplier inventory management, auxiliary packaging operations, Electronic tags and RFID solutions. The company's main customers cover electronic communications, smart terminals, food and beverage, health products, furniture and home, express delivery, new energy automotive industry chain, household appliances, machinery manufacturing and other industries.
Executives
Wang Hai Peng Director
Wang Zhi Jun Directors, executives
Zhang Zhen Yi Directors, executives
Huang Lin Directors, Directors, and Executives
Wang Hong Chan Supervisors
Chen Suo Jun Director

MYS Group Co (SZSE:002303) Headlines

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