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Shandong Head Group Co (SZSE:002810) Net Margin % : 12.31% (As of Mar. 2024)


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What is Shandong Head Group Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Shandong Head Group Co's Net Income for the three months ended in Mar. 2024 was ¥54 Mil. Shandong Head Group Co's Revenue for the three months ended in Mar. 2024 was ¥435 Mil. Therefore, Shandong Head Group Co's net margin for the quarter that ended in Mar. 2024 was 12.31%.

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

SZSE:002810' s Net Margin % Range Over the Past 10 Years
Min: 7.11   Med: 12.38   Max: 21.12
Current: 12.43


SZSE:002810's Net Margin % is ranked better than
83.75% of 1532 companies
in the Chemicals industry
Industry Median: 4.135 vs SZSE:002810: 12.43

Shandong Head Group Co Net Margin % Historical Data

The historical data trend for Shandong Head 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.

Shandong Head Group Co Net Margin % Chart

Shandong Head 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 14.16 19.27 21.12 20.53 14.15

Shandong Head 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 19.41 22.41 16.96 -2.47 12.31

Competitive Comparison of Shandong Head Group Co's Net Margin %

For the Specialty Chemicals subindustry, Shandong Head 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.


Shandong Head Group Co's Net Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Head Group Co's Net Margin % distribution charts can be found below:

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



Shandong Head 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.

Shandong Head 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 )
=220.209/1556.225
=14.15 %

Shandong Head 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 )
=53.603/435.373
=12.31 %

* 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.


Shandong Head Group Co  (SZSE:002810) 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.


Shandong Head Group Co Net Margin % Related Terms

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Shandong Head Group Co (SZSE:002810) Business Description

Traded in Other Exchanges
N/A
Address
No. 999 Heda Road, Shandong Province, Zhoucun District, Zibo, CHN, 255300
Shandong Head Group Co Ltd is engaged in research and development, production and sales of water-soluble polymer compounds. Its products include cellulose ether series products, graphite chemical equipment, HPMC plant capsules, trimethyl orthoacetate, diacetone acrylamide. The company has two production divisions, the Cellulose Ether Division and the Graphite Equipment Division.
Executives
Bi Song Ling Directors, Directors, and Executives
Qiu Jian Jun Executives
Yang Bing Sheng Executives
Bi Si Xin Executives
Yang Bing Gang Director
Tan Zai Ying Directors, executives
Cui Ling Executives
Hu Li Li Securities Affairs Representative
Bi Xin De Director
Bi Yu Zhuang Supervisors

Shandong Head Group Co (SZSE:002810) Headlines

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