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Newonder Special Electric Co (SZSE:301120) Net Margin % : 5.84% (As of Mar. 2024)


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What is Newonder Special Electric Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Newonder Special Electric Co's Net Income for the three months ended in Mar. 2024 was ¥4.3 Mil. Newonder Special Electric Co's Revenue for the three months ended in Mar. 2024 was ¥73.5 Mil. Therefore, Newonder Special Electric Co's net margin for the quarter that ended in Mar. 2024 was 5.84%.

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

SZSE:301120' s Net Margin % Range Over the Past 10 Years
Min: 12.59   Med: 21.59   Max: 25.11
Current: 12.59


SZSE:301120's Net Margin % is ranked better than
85.34% of 2463 companies
in the Hardware industry
Industry Median: 2.73 vs SZSE:301120: 12.59

Newonder Special Electric Co Net Margin % Historical Data

The historical data trend for Newonder Special Electric 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.

Newonder Special Electric Co Net Margin % Chart

Newonder Special Electric Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 25.11 24.36 20.66 21.59 15.48

Newonder Special Electric Co Quarterly Data
Mar19 Jun19 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 21.27 19.14 12.58 6.61 5.84

Competitive Comparison of Newonder Special Electric Co's Net Margin %

For the Electronic Components subindustry, Newonder Special Electric 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.


Newonder Special Electric Co's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Newonder Special Electric Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Newonder Special Electric Co's Net Margin % falls into.



Newonder Special Electric 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.

Newonder Special Electric 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 )
=69.362/448.17
=15.48 %

Newonder Special Electric 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 )
=4.293/73.487
=5.84 %

* 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.


Newonder Special Electric Co  (SZSE:301120) 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.


Newonder Special Electric Co Net Margin % Related Terms

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Newonder Special Electric Co (SZSE:301120) Business Description

Traded in Other Exchanges
N/A
Address
Yard 1, Lize Middle Road, Office A801, 8th Floor, Building 2, Chaoyang District, Beijing, CHN, 065201
Newonder Special Electric Co Ltd is engaged in research and development, production and sales of various special transformers and reactors with frequency conversion transformers as the core and sales of supporting products.
Executives
Su Jing Supervisors

Newonder Special Electric Co (SZSE:301120) Headlines

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