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Anhui Jinhe Industrial Co (SZSE:002597) Net Margin % : 10.65% (As of Mar. 2024)


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What is Anhui Jinhe Industrial Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Anhui Jinhe Industrial Co's Net Income for the three months ended in Mar. 2024 was ¥129 Mil. Anhui Jinhe Industrial Co's Revenue for the three months ended in Mar. 2024 was ¥1,213 Mil. Therefore, Anhui Jinhe Industrial Co's net margin for the quarter that ended in Mar. 2024 was 10.65%.

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

SZSE:002597' s Net Margin % Range Over the Past 10 Years
Min: 5.18   Med: 19.87   Max: 23.38
Current: 11.44


SZSE:002597's Net Margin % is ranked better than
80.62% of 1527 companies
in the Chemicals industry
Industry Median: 4.18 vs SZSE:002597: 11.44

Anhui Jinhe Industrial Co Net Margin % Historical Data

The historical data trend for Anhui Jinhe Industrial 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.

Anhui Jinhe Industrial Co Net Margin % Chart

Anhui Jinhe Industrial 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 20.36 19.60 20.14 23.38 13.26

Anhui Jinhe Industrial 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 17.73 12.24 11.30 11.55 10.65

Competitive Comparison of Anhui Jinhe Industrial Co's Net Margin %

For the Chemicals subindustry, Anhui Jinhe Industrial 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.


Anhui Jinhe Industrial Co's Net Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Anhui Jinhe Industrial Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Anhui Jinhe Industrial Co's Net Margin % falls into.



Anhui Jinhe Industrial 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.

Anhui Jinhe Industrial 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 )
=704.162/5311.116
=13.26 %

Anhui Jinhe Industrial 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 )
=129.172/1213.452
=10.65 %

* 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.


Anhui Jinhe Industrial Co  (SZSE:002597) 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.


Anhui Jinhe Industrial Co Net Margin % Related Terms

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Anhui Jinhe Industrial Co (SZSE:002597) Business Description

Traded in Other Exchanges
N/A
Address
127 East Street, Lai'an, Anhui, CHN, 239200
Anhui Jinhe Industrial Co Ltd is a Chinese company engaged in the manufacture and distribution of fine chemical products and basic chemical products. The company mainly produces Acesulfame-K, Maltol, Ethyl Maltol and MCP in fine chemicals. The basic chemical products mainly include liquid Ammonia, Nitric acid, Sulfuric acid, Formaldehyde, Melamine, Pentaerythritol, Diketene, Neopentyl Glycol, pharmaceutical intermediates and so on.
Executives
Li En Ping Executives
Tao Zhang Wen Directors, executives
Xia Jia Xin Directors, executives
Li Jun Wei Executives
Wang Cong Chun Directors, executives
He Yu Executives
Sun Cai Jun Executives
Dai Shi Lin Supervisors
Yang Zong Yong Directors, Directors, and Executives
Sun Tao Director
Yang Ying Chun Director
Li Bao Lin Securities Affairs Representative
Cao Song Ting Director

Anhui Jinhe Industrial Co (SZSE:002597) Headlines

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