Shenzhen Leoking Environmental Group Co (SZSE:301305) Net Margin % : 7.99% (As of Mar. 2024)

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What is Shenzhen Leoking Environmental Group Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Shenzhen Leoking Environmental Group Co's Net Income for the three months ended in Mar. 2024 was ¥39 Mil. Shenzhen Leoking Environmental Group Co's Revenue for the three months ended in Mar. 2024 was ¥493 Mil. Therefore, Shenzhen Leoking Environmental Group Co's net margin for the quarter that ended in Mar. 2024 was 7.99%.

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

SZSE:301305' s Net Margin % Range Over the Past 10 Years
Min: 4.11 Med: 12.03 Max: 14.09
Current: 9.45

SZSE:301305's Net Margin % is ranked better than
68.4% of 231 companies
in the Waste Management industry
Industry Median: 4.11 vs SZSE:301305: 9.45

Shenzhen Leoking Environmental Group Co Net Margin % Historical Data

The historical data trend for Shenzhen Leoking Environmental 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.

Shenzhen Leoking Environmental Group Co Net Margin % Chart

Shenzhen Leoking Environmental Group Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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10.71

13.69

14.09

13.34

10.20

Shenzhen Leoking Environmental Group Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial										11.05	13.28	10.72	6.31	7.99

Competitive Comparison of Shenzhen Leoking Environmental Group Co's Net Margin %

For the Waste Management subindustry, Shenzhen Leoking Environmental 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.

Shenzhen Leoking Environmental Group Co's Net Margin % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Shenzhen Leoking Environmental Group Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Shenzhen Leoking Environmental Group Co's Net Margin % falls into.

Shenzhen Leoking Environmental 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.

Shenzhen Leoking Environmental 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 )
	=	178.855	/	1752.883
	=	10.20 %

Shenzhen Leoking Environmental 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 )
	=	39.453	/	493.477
	=	7.99 %

Shenzhen Leoking Environmental Group Co (SZSE:301305) 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.

Shenzhen Leoking Environmental Group Co Net Margin % Related Terms

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Shenzhen Leoking Environmental Group Co (SZSE:301305) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Shenzhen Leoking Environmental Group Co Ltd (SZSE:301305) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pingqiao Road, Pingdi Street, Floor 13, No. 2, Gaoqiao Community, Longgang District, Guangdong Province, Shenzhen, CHN, 518117

Website

https://www.leoking.com

Shenzhen Leoking Environmental Group Co Ltd is mainly engaged in the investment, construction and operation of organic solid waste projects and domestic waste incineration power generation projects through BOT, BOO and other franchise modes, and provides government customers with solutions for the harmless treatment and resource utilization of organic solid waste and domestic waste. It is a comprehensive environmental protection enterprise and a national high-tech enterprise. Luculent Environment Group is deeply involved in the field of organic solid waste (catering waste, kitchen waste, manure, animal solid waste, etc.) treatment and waste classification, and has become a leading enterprise in the field of organic solid waste treatment in the country.

Executives

Chen Jian Xiang

Directors, executives

Shenzhen Leoking Environmental Group Co (SZSE:301305) Headlines

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