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Guangdong Hoshion Aluminium Co (SZSE:002824) Net Margin % : 2.40% (As of Mar. 2024)


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What is Guangdong Hoshion Aluminium Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Guangdong Hoshion Aluminium Co's Net Income for the three months ended in Mar. 2024 was ¥17 Mil. Guangdong Hoshion Aluminium Co's Revenue for the three months ended in Mar. 2024 was ¥710 Mil. Therefore, Guangdong Hoshion Aluminium Co's net margin for the quarter that ended in Mar. 2024 was 2.40%.

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

SZSE:002824' s Net Margin % Range Over the Past 10 Years
Min: 0.78   Med: 6.5   Max: 9.78
Current: 4.35


SZSE:002824's Net Margin % is ranked better than
67.09% of 857 companies
in the Metals & Mining industry
Industry Median: 0.08 vs SZSE:002824: 4.35

Guangdong Hoshion Aluminium Co Net Margin % Historical Data

The historical data trend for Guangdong Hoshion Aluminium 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 Hoshion Aluminium Co Net Margin % Chart

Guangdong Hoshion Aluminium 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 0.78 5.08 8.56 6.82 4.88

Guangdong Hoshion Aluminium 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 4.63 4.56 6.22 4.03 2.40

Competitive Comparison of Guangdong Hoshion Aluminium Co's Net Margin %

For the Aluminum subindustry, Guangdong Hoshion Aluminium 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 Hoshion Aluminium Co's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Guangdong Hoshion Aluminium Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Guangdong Hoshion Aluminium Co's Net Margin % falls into.



Guangdong Hoshion Aluminium 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 Hoshion Aluminium 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 )
=141.788/2905.055
=4.88 %

Guangdong Hoshion Aluminium 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 )
=17.056/710.209
=2.40 %

* 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 Hoshion Aluminium Co  (SZSE:002824) 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 Hoshion Aluminium Co Net Margin % Related Terms

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Guangdong Hoshion Aluminium Co (SZSE:002824) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Meiyuan Road, Qianyu Industrial Zone, Sanxiang Town, Guangdong Province, Zhongshan, CHN, 528463
Guangdong Hoshion Aluminium Co Ltd is an industrial aluminum manufacturer. The firm research, produce, and develop aluminum casting, anodizing, tooling, extrusion, and other products. It offers consumer electronics, such as OPC and driven rollers for copier printers; power bank housing products; aluminum for TV frames; electronic products extrusion materials; arm of computer hard disc; seamless pipes for lens; and photographic equipment. It also provides automobile anti-collision beams; high precision large sectional rectangle pipes; colied pipesinner thread pipes; and forging parts. In addition, the firm offers seamless pipes for baseball bars; kitchen and bathroom components; aluminum used lighting and snow shoes; electric heating tubes; and conditioner frames.
Executives
Zhang Hong Independent director
Jin Jiong Directors, executives
Li Jian Xiang Director
Chen Hua Ping Executives
Li Jiang Secretary, Director
Huang Jia Hui Director
Zhou Feng Hui Supervisors

Guangdong Hoshion Aluminium Co (SZSE:002824) Headlines

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