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Golden Solar New Energy Technology Holdings (HKSE:01121) Net Margin % : -81.25% (As of Jun. 2023)


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What is Golden Solar New Energy Technology Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Golden Solar New Energy Technology Holdings's Net Income for the six months ended in Jun. 2023 was HK$-138.2 Mil. Golden Solar New Energy Technology Holdings's Revenue for the six months ended in Jun. 2023 was HK$170.1 Mil. Therefore, Golden Solar New Energy Technology Holdings's net margin for the quarter that ended in Jun. 2023 was -81.25%.

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

HKSE:01121' s Net Margin % Range Over the Past 10 Years
Min: -346.91   Med: -79.06   Max: 10.88
Current: -110.51


HKSE:01121's Net Margin % is ranked worse than
97.23% of 1046 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.47 vs HKSE:01121: -110.51

Golden Solar New Energy Technology Holdings Net Margin % Historical Data

The historical data trend for Golden Solar New Energy Technology 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.

Golden Solar New Energy Technology Holdings Net Margin % Chart

Golden Solar New Energy Technology 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 -185.30 -97.22 2.94 -60.90 -110.51

Golden Solar New Energy Technology 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 8.61 -77.91 -44.63 -81.25 -143.04

Competitive Comparison of Golden Solar New Energy Technology Holdings's Net Margin %

For the Footwear & Accessories subindustry, Golden Solar New Energy Technology 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.


Golden Solar New Energy Technology Holdings's Net Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Golden Solar New Energy Technology Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Golden Solar New Energy Technology Holdings's Net Margin % falls into.



Golden Solar New Energy Technology 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.

Golden Solar New Energy Technology 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 )
=-186.536/306.289
=-60.90 %

Golden Solar New Energy Technology 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 )
=-138.211/170.1
=-81.25 %

* 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.


Golden Solar New Energy Technology Holdings  (HKSE:01121) 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.


Golden Solar New Energy Technology Holdings Net Margin % Related Terms

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Golden Solar New Energy Technology Holdings (HKSE:01121) Business Description

Traded in Other Exchanges
N/A
Address
Huoju Industrial Zone, Jiangnan Town, Licheng District, Fujian Province, Quanzhou, CHN, 362300
Golden Solar New Energy Technology Holdings Ltd is a material technology company that engages in different market segments such as footwear, environmental protection and energy-related fields.

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