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Goneo Group Co (SHSE:603195) Net Margin % : 24.69% (As of Sep. 2023)


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What is Goneo Group Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Goneo Group Co's Net Income for the three months ended in Sep. 2023 was ¥991 Mil. Goneo Group Co's Revenue for the three months ended in Sep. 2023 was ¥4,014 Mil. Therefore, Goneo Group Co's net margin for the quarter that ended in Sep. 2023 was 24.69%.

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

SHSE:603195' s Net Margin % Range Over the Past 10 Years
Min: 17.75   Med: 22.55   Max: 26.23
Current: 23.93


SHSE:603195's Net Margin % is ranked better than
95.49% of 2973 companies
in the Industrial Products industry
Industry Median: 5.17 vs SHSE:603195: 23.93

Goneo Group Co Net Margin % Historical Data

The historical data trend for Goneo 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.

Goneo Group Co Net Margin % Chart

Goneo Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial 18.50 22.94 23.02 22.45 22.64

Goneo Group Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 23.48 22.93 22.07 25.50 24.69

Competitive Comparison of Goneo Group Co's Net Margin %

For the Electrical Equipment & Parts subindustry, Goneo 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.


Goneo Group Co's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Goneo Group Co's Net Margin % distribution charts can be found below:

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



Goneo 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.

Goneo Group Co'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 )
=3188.619/14081.373
=22.64 %

Goneo Group Co's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=991.319/4014.399
=24.69 %

* 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.


Goneo Group Co  (SHSE:603195) 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.


Goneo Group Co Net Margin % Related Terms

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Goneo Group Co (SHSE:603195) Business Description

Traded in Other Exchanges
N/A
Address
No. 32 Sanhai Road, East Guanhaiwei Industrial Zone, Guanhaiwei Town, Zhejiang Province, Cixi, CHN, 315314
Gongniu Group Co Ltd is engaged in the research, development, manufacture, and sale of civil electrical products such as extended line sockets, wall switches, LED lighting, and digital accessories. The company's products include Power Strips, High-end Power Strip, USB Power Strip, Digital Accessories, Decorative Switch Socket, and Eye-care LED Light.

Goneo Group Co (SHSE:603195) Headlines

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