Orinko Advanced Plastics Co (SHSE:688219) Net Margin % : 3.58% (As of Jun. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Orinko Advanced Plastics Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Orinko Advanced Plastics Co's Net Income for the three months ended in Jun. 2024 was ¥52 Mil. Orinko Advanced Plastics Co's Revenue for the three months ended in Jun. 2024 was ¥1,455 Mil. Therefore, Orinko Advanced Plastics Co's net margin for the quarter that ended in Jun. 2024 was 3.58%.

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

SHSE:688219' s Net Margin % Range Over the Past 10 Years
Min: 1.1 Med: 2.15 Max: 4.42
Current: 3.15

SHSE:688219's Net Margin % is ranked worse than
55.56% of 1530 companies
in the Chemicals industry
Industry Median: 4.16 vs SHSE:688219: 3.15

Orinko Advanced Plastics Co Net Margin % Historical Data

The historical data trend for Orinko Advanced Plastics 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.

Orinko Advanced Plastics Co Net Margin % Chart

Orinko Advanced Plastics Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

Get a 7-Day Free Trial

2.70

4.42

1.10

1.14

2.75

Orinko Advanced Plastics Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Net Margin %	Get a 7-Day Free Trial															3.55	3.37	2.27	3.39	3.58

Competitive Comparison of Orinko Advanced Plastics Co's Net Margin %

For the Specialty Chemicals subindustry, Orinko Advanced Plastics 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.

Orinko Advanced Plastics Co's Net Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Orinko Advanced Plastics Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Orinko Advanced Plastics Co's Net Margin % falls into.

Orinko Advanced Plastics 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.

Orinko Advanced Plastics 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 )
	=	146.968	/	5348.843
	=	2.75 %

Orinko Advanced Plastics Co's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin	=	Net Income (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	52.15	/	1455.476
	=	3.58 %

Orinko Advanced Plastics Co (SHSE:688219) 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.

Orinko Advanced Plastics Co Net Margin % Related Terms

Thank you for viewing the detailed overview of Orinko Advanced Plastics Co's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Orinko Advanced Plastics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Orinko Advanced Plastics Co Ltd (SHSE:688219) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Luhua Road, Baiyan Science and Technology Park, High-tech Zone, Hefei, CHN, 231202

Website

http://www.orinko.com.cn

Orinko Advanced Plastics Co Ltd is engaged in the research and development, production and sales of polymer modified materials, and providing customers with high-performance and functional material solutions. The company has a variety of product platforms for polyolefins, polystyrenes, engineering plastics and other categories, with a rich product range, and more than 300 varieties of polymer high-performance and functional products. Its products are widely used in many national pillar industries and emerging industries such as home appliances, automobiles, 5G communications, electronic and electrical, medical, rail transit, home building materials, security and so on.

Executives

Li Rong Qun	Director
Wang Can Yao	Directors, senior managers

Orinko Advanced Plastics Co Headlines

No Headlines