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Xinyi Solar Holdings (HKSE:00968) Net Margin % : 11.46% (As of Jun. 2023)


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What is Xinyi Solar Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Xinyi Solar Holdings's Net Income for the six months ended in Jun. 2023 was HK$1,392 Mil. Xinyi Solar Holdings's Revenue for the six months ended in Jun. 2023 was HK$12,142 Mil. Therefore, Xinyi Solar Holdings's net margin for the quarter that ended in Jun. 2023 was 11.46%.

The historical rank and industry rank for Xinyi Solar Holdings's Net Margin % or its related term are showing as below:

HKSE:00968' s Net Margin % Range Over the Past 10 Years
Min: 15.44   Med: 24.93   Max: 37.03
Current: 15.72


HKSE:00968's Net Margin % is ranked better than
80.49% of 984 companies
in the Semiconductors industry
Industry Median: 4.38 vs HKSE:00968: 15.72

Xinyi Solar Holdings Net Margin % Historical Data

The historical data trend for Xinyi Solar Holdings'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.

Xinyi Solar Holdings Net Margin % Chart

Xinyi Solar Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.57 37.03 30.65 18.59 15.72

Xinyi Solar Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 23.18 19.64 17.66 11.46 19.30

Competitive Comparison of Xinyi Solar Holdings's Net Margin %

For the Solar subindustry, Xinyi Solar Holdings'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.


Xinyi Solar Holdings's Net Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Xinyi Solar Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Xinyi Solar Holdings's Net Margin % falls into.



Xinyi Solar Holdings 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.

Xinyi Solar Holdings's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=3820.144/20544.041
=18.59 %

Xinyi Solar Holdings's Net Margin for the quarter that ended in Jun. 2023 is calculated as

Net Margin=Net Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=1391.509/12141.921
=11.46 %

* 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.


Xinyi Solar Holdings  (HKSE:00968) 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.


Xinyi Solar Holdings Net Margin % Related Terms

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Xinyi Solar Holdings (HKSE:00968) Business Description

Traded in Other Exchanges
Address
Xinyi PV Glass Industrial Zone, 2 Xinyi Road, Wuhu Economic and Technology Development Zone, Anhui Province, Wuhu, CHN, 241009
Xinyi Solar Holdings Ltd is an investment holding company. Its activities consist of the production and sale of solar glass products, the development and operation of solar farms, and the provision of engineering, procurement, and construction (EPC) services. The company's segments include sales of solar glass; solar farm business which includes solar farm development and solar power generation; and EPC services. It derives revenue from two core business segments, namely the sale and manufacturing of solar glass and solar farm business. Its operations are held in the People's Republic of China and Other countries.

Xinyi Solar Holdings (HKSE:00968) Headlines

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