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Chongqing Millison Technologies (SZSE:301307) Net Margin % : 0.80% (As of Mar. 2024)


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What is Chongqing Millison Technologies Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Chongqing Millison Technologies's Net Income for the three months ended in Mar. 2024 was ¥6 Mil. Chongqing Millison Technologies's Revenue for the three months ended in Mar. 2024 was ¥770 Mil. Therefore, Chongqing Millison Technologies's net margin for the quarter that ended in Mar. 2024 was 0.80%.

The historical rank and industry rank for Chongqing Millison Technologies's Net Margin % or its related term are showing as below:

SZSE:301307' s Net Margin % Range Over the Past 10 Years
Min: -2.27   Med: 4.31   Max: 7.06
Current: 2.75


SZSE:301307's Net Margin % is ranked worse than
63.83% of 2975 companies
in the Industrial Products industry
Industry Median: 5.2 vs SZSE:301307: 2.75

Chongqing Millison Technologies Net Margin % Historical Data

The historical data trend for Chongqing Millison Technologies'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.

Chongqing Millison Technologies Net Margin % Chart

Chongqing Millison Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial -1.85 5.06 4.35 7.06 4.26

Chongqing Millison Technologies Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 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 6.76 8.30 2.57 -0.54 0.80

Competitive Comparison of Chongqing Millison Technologies's Net Margin %

For the Metal Fabrication subindustry, Chongqing Millison Technologies'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.


Chongqing Millison Technologies's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chongqing Millison Technologies's Net Margin % distribution charts can be found below:

* The bar in red indicates where Chongqing Millison Technologies's Net Margin % falls into.



Chongqing Millison Technologies 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.

Chongqing Millison Technologies'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 )
=135.873/3189.147
=4.26 %

Chongqing Millison Technologies'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 )
=6.158/770.493
=0.80 %

* 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.


Chongqing Millison Technologies  (SZSE:301307) 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.


Chongqing Millison Technologies Net Margin % Related Terms

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Chongqing Millison Technologies (SZSE:301307) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 and No. 2, No. 1, Tian'an Road, Banan District, Chongqing, CHN, 401320
Chongqing Millison Technologies Inc is engaged in the research and development, production and sales of aluminum alloy precision die-casting parts in the communication field and the automotive field.
Executives
Feng Cheng Long Supervisors

Chongqing Millison Technologies (SZSE:301307) Headlines

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