Lecron Industrial Development Group Co (SZSE:300343) Net Margin % : -10.87% (As of Mar. 2024)

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What is Lecron Industrial Development Group Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Lecron Industrial Development Group Co's Net Income for the three months ended in Mar. 2024 was ¥-15.6 Mil. Lecron Industrial Development Group Co's Revenue for the three months ended in Mar. 2024 was ¥143.1 Mil. Therefore, Lecron Industrial Development Group Co's net margin for the quarter that ended in Mar. 2024 was -10.87%.

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

SZSE:300343' s Net Margin % Range Over the Past 10 Years
Min: -54.28 Med: 2.21 Max: 31.44
Current: -1.29

SZSE:300343's Net Margin % is ranked worse than
77.35% of 1532 companies
in the Chemicals industry
Industry Median: 4.135 vs SZSE:300343: -1.29

Lecron Industrial Development Group Co Net Margin % Historical Data

The historical data trend for Lecron Industrial Development 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.

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Lecron Industrial Development Group Co Net Margin % Chart

Lecron Industrial Development Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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-41.95

-5.03

15.68

31.44

1.23

Lecron Industrial Development 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															4.06	5.75	2.71	-5.67	-10.87

Competitive Comparison of Lecron Industrial Development Group Co's Net Margin %

For the Chemicals subindustry, Lecron Industrial Development 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.

Lecron Industrial Development Group Co's Net Margin % Distribution in the Chemicals Industry

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

* The bar in red indicates where Lecron Industrial Development Group Co's Net Margin % falls into.

Lecron Industrial Development 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.

Lecron Industrial Development 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 )
	=	12.715	/	1035.616
	=	1.23 %

Lecron Industrial Development 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 )
	=	-15.554	/	143.117
	=	-10.87 %

Lecron Industrial Development Group Co (SZSE:300343) 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.

Lecron Industrial Development Group Co Net Margin % Related Terms

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Lecron Industrial Development Group Co (SZSE:300343) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lecron Industrial Development Group Co Ltd (SZSE:300343) » Definitions » Net Margin %

Traded in Other Exchanges

N/A

Address

No. 219, East Changguo Road, East Chemical Industrial Zone, Zhangdian District, Shandong Province, Zibo, CHN, 255080

Website

http://www.lecron.cn

Lecron Industrial Development Group Co Ltd formerly known as Lecron Internet Media Industry Co Ltd is engaged in the research and development, production and promotion of green chemicals. The company's product range covers monomer polyether polyol, system polyol for polyurethane foam, polyurethane prepolymer for elastomer, polyurea waterproof and anti-corrosion materials, medical intermediate, polyurethane fireproof insulation panel and others.

Executives

Wang Xian Dong	Executives
Li Hui Min	Securities Affairs Representative
Shao Xiu Ying	Director
Qi Hai Ying	Directors, executives
Li Hong Guo	Director
Hu An Zhi	Secretary, Director
Wang Wei	Directors, executives
Wang Jing	Directors, executives

Lecron Industrial Development Group Co (SZSE:300343) Headlines

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