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Yongxing Special Materials Technology Co (SZSE:002756) Net Margin % : 20.36% (As of Mar. 2024)


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What is Yongxing Special Materials Technology Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Yongxing Special Materials Technology Co's Net Income for the three months ended in Mar. 2024 was ¥468 Mil. Yongxing Special Materials Technology Co's Revenue for the three months ended in Mar. 2024 was ¥2,300 Mil. Therefore, Yongxing Special Materials Technology Co's net margin for the quarter that ended in Mar. 2024 was 20.36%.

The historical rank and industry rank for Yongxing Special Materials Technology Co's Net Margin % or its related term are showing as below:

SZSE:002756' s Net Margin % Range Over the Past 10 Years
Min: 5.19   Med: 8.05   Max: 40.57
Current: 26.4


SZSE:002756's Net Margin % is ranked better than
96.52% of 603 companies
in the Steel industry
Industry Median: 2.9 vs SZSE:002756: 26.40

Yongxing Special Materials Technology Co Net Margin % Historical Data

The historical data trend for Yongxing Special Materials Technology 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.

Yongxing Special Materials Technology Co Net Margin % Chart

Yongxing Special Materials Technology 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 7.00 5.19 12.32 40.57 27.95

Yongxing Special Materials Technology 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 27.90 29.31 37.69 14.25 20.36

Competitive Comparison of Yongxing Special Materials Technology Co's Net Margin %

For the Steel subindustry, Yongxing Special Materials Technology 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.


Yongxing Special Materials Technology Co's Net Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Yongxing Special Materials Technology Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Yongxing Special Materials Technology Co's Net Margin % falls into.



Yongxing Special Materials Technology 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.

Yongxing Special Materials Technology 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 )
=3406.772/12189.009
=27.95 %

Yongxing Special Materials Technology 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 )
=468.257/2300.216
=20.36 %

* 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.


Yongxing Special Materials Technology Co  (SZSE:002756) 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.


Yongxing Special Materials Technology Co Net Margin % Related Terms

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Yongxing Special Materials Technology Co (SZSE:002756) Business Description

Traded in Other Exchanges
N/A
Address
Yangjiabu, Zhejiang province, Huzhou, CHN, 313005
Yongxing Special Stainless Steel Co Ltd is engaged in the research and development and production of high-quality stainless steel and nickel-based iron-nickel-based alloy rods and wire. The products of the company are mainly used in petrochemicals, high-pressure boilers, nuclear power, equipment manufacturing, aerospace, and other industrial fields. The product portfolio includes - stainless steel bars, stainless steel wire, and special alloy.

Yongxing Special Materials Technology Co (SZSE:002756) Headlines

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