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Northking Information Technology Co (SZSE:002987) Net Margin % : 4.35% (As of Mar. 2024)


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What is Northking Information Technology Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Northking Information Technology Co's Net Income for the three months ended in Mar. 2024 was ¥49 Mil. Northking Information Technology Co's Revenue for the three months ended in Mar. 2024 was ¥1,115 Mil. Therefore, Northking Information Technology Co's net margin for the quarter that ended in Mar. 2024 was 4.35%.

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

SZSE:002987' s Net Margin % Range Over the Past 10 Years
Min: 4.79   Med: 7.55   Max: 12.04
Current: 7.69


SZSE:002987's Net Margin % is ranked better than
71.32% of 2765 companies
in the Software industry
Industry Median: 1.78 vs SZSE:002987: 7.69

Northking Information Technology Co Net Margin % Historical Data

The historical data trend for Northking Information 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.

Northking Information Technology Co Net Margin % Chart

Northking Information Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 10.36 12.04 7.55 7.54 8.19

Northking Information 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 6.13 8.69 8.97 8.83 4.35

Competitive Comparison of Northking Information Technology Co's Net Margin %

For the Information Technology Services subindustry, Northking Information 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.


Northking Information Technology Co's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Northking Information Technology Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Northking Information Technology Co's Net Margin % falls into.



Northking Information 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.

Northking Information 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 )
=347.627/4242.011
=8.19 %

Northking Information 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 )
=48.532/1115.397
=4.35 %

* 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.


Northking Information Technology Co  (SZSE:002987) 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.


Northking Information Technology Co Net Margin % Related Terms

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Northking Information Technology Co (SZSE:002987) Business Description

Traded in Other Exchanges
N/A
Address
No. 25 West Third Ring North Road, 7th Floor, Haidian District, Beijing, CHN, 100089
Northking Information Technology Co Ltd is a provider of information technology services and business process outsourcing services to banking-based financial institutions. The company's services include technology development, technology promotion, technology transfer, technology consulting, technical services; computer technology training; computer system services; data processing; computer maintenance; basic software services, application software services; accepting financial information technology outsourcing services entrusted by financial institutions, entrusting financial institutions with financial business process outsourcing services, entrusting financial institutions with financial knowledge process outsourcing services, among others.
Executives
Ding Zhi Peng Director
Zhao Long Hu Directors, executives

Northking Information Technology Co (SZSE:002987) Headlines

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