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China Machinery Huanyu Certification and Inspection Co (SZSE:301508) Net Margin % : 16.00% (As of Mar. 2024)


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What is China Machinery Huanyu Certification and Inspection Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. China Machinery Huanyu Certification and Inspection Co's Net Income for the three months ended in Mar. 2024 was ¥27.1 Mil. China Machinery Huanyu Certification and Inspection Co's Revenue for the three months ended in Mar. 2024 was ¥169.1 Mil. Therefore, China Machinery Huanyu Certification and Inspection Co's net margin for the quarter that ended in Mar. 2024 was 16.00%.

The historical rank and industry rank for China Machinery Huanyu Certification and Inspection Co's Net Margin % or its related term are showing as below:

SZSE:301508' s Net Margin % Range Over the Past 10 Years
Min: 16.95   Med: 18.5   Max: 19.05
Current: 18.48


SZSE:301508's Net Margin % is ranked better than
89.43% of 1060 companies
in the Business Services industry
Industry Median: 3.91 vs SZSE:301508: 18.48

China Machinery Huanyu Certification and Inspection Co Net Margin % Historical Data

The historical data trend for China Machinery Huanyu Certification and Inspection 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.

China Machinery Huanyu Certification and Inspection Co Net Margin % Chart

China Machinery Huanyu Certification and Inspection Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
16.95 19.00 19.05 18.39 18.50

China Machinery Huanyu Certification and Inspection Co Quarterly Data
Dec19 Dec20 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 15.74 24.51 20.03 12.99 16.00

Competitive Comparison of China Machinery Huanyu Certification and Inspection Co's Net Margin %

For the Specialty Business Services subindustry, China Machinery Huanyu Certification and Inspection 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.


China Machinery Huanyu Certification and Inspection Co's Net Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Machinery Huanyu Certification and Inspection Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where China Machinery Huanyu Certification and Inspection Co's Net Margin % falls into.



China Machinery Huanyu Certification and Inspection 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.

China Machinery Huanyu Certification and Inspection 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 )
=139.408/753.72
=18.50 %

China Machinery Huanyu Certification and Inspection 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 )
=27.064/169.116
=16.00 %

* 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.


China Machinery Huanyu Certification and Inspection Co  (SZSE:301508) 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.


China Machinery Huanyu Certification and Inspection Co Net Margin % Related Terms

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China Machinery Huanyu Certification and Inspection Co (SZSE:301508) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 32, Tianrong Street, Beizangcun Town, Daxing, Beijing, CHN, 102609
China Machinery Huanyu Certification and Inspection Co Ltd provides Product inspection and testing services for complete automobiles, military equipment, engineering machinery, special equipment, civil aviation ground equipment, parts and components, as well as certification services such as product certification, system certification and service certification.

China Machinery Huanyu Certification and Inspection Co (SZSE:301508) Headlines

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