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Fuyao Glass Industry Group Co (SHSE:600660) Net Margin % : 15.71% (As of Mar. 2024)


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What is Fuyao Glass Industry Group Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Fuyao Glass Industry Group Co's Net Income for the three months ended in Mar. 2024 was ¥1,388 Mil. Fuyao Glass Industry Group Co's Revenue for the three months ended in Mar. 2024 was ¥8,836 Mil. Therefore, Fuyao Glass Industry Group Co's net margin for the quarter that ended in Mar. 2024 was 15.71%.

The historical rank and industry rank for Fuyao Glass Industry Group Co's Net Margin % or its related term are showing as below:

SHSE:600660' s Net Margin % Range Over the Past 10 Years
Min: 13.06   Med: 16.95   Max: 20.37
Current: 17.46


SHSE:600660's Net Margin % is ranked better than
94.39% of 1284 companies
in the Vehicles & Parts industry
Industry Median: 3.37 vs SHSE:600660: 17.46

Fuyao Glass Industry Group Co Net Margin % Historical Data

The historical data trend for Fuyao Glass Industry 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.

Fuyao Glass Industry Group Co Net Margin % Chart

Fuyao Glass Industry Group Co 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 13.73 13.06 13.33 16.92 16.98

Fuyao Glass Industry Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.97 24.09 14.66 16.10 15.71

Competitive Comparison of Fuyao Glass Industry Group Co's Net Margin %

For the Auto Parts subindustry, Fuyao Glass Industry 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.


Fuyao Glass Industry Group Co's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Fuyao Glass Industry Group Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Fuyao Glass Industry Group Co's Net Margin % falls into.



Fuyao Glass Industry 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.

Fuyao Glass Industry 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 )
=5629.256/33160.997
=16.98 %

Fuyao Glass Industry 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 )
=1387.825/8835.665
=15.71 %

* 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.


Fuyao Glass Industry Group Co  (SHSE:600660) 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.


Fuyao Glass Industry Group Co Net Margin % Related Terms

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Fuyao Glass Industry Group Co (SHSE:600660) Business Description

Traded in Other Exchanges
Address
Fuyao Industrial Zone II, Fujian Province, Fuqing, CHN, 350301
Fuyao Glass Industry Group Co Ltd manufactures and sells glass to be fitted in automobiles. The company is principally engaged in providing total solutions of safety glass and automotive accessories for various transportation vehicles, including the design, manufacture, and sale of automotive grade float glass, automotive glass, locomotive glass, luggage racks, vehicle window trims, and provision of relevant services. The Company's product portfolio consists of automobile glasses, such as coating glasses and others, which are applied in passenger cars, buses, limousines and others, and float glasses. The Company distributes its products within domestic markets and overseas markets. Geographically, it derives a majority of its revenue from China.

Fuyao Glass Industry Group Co (SHSE:600660) Headlines

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