Tongkun Group Co Ltd
SSE:601233
Net Margin
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
Peer Comparison
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| CN |
|
Tongkun Group Co Ltd
SSE:601233
|
50.2B CNY |
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|
|
| SA |
|
Saudi Basic Industries Corporation SJSC
SAU:2010
|
228.3B SAR |
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|
|
| ID |
|
Chandra Asri Pacific PT Tbk
OTC:PTPIF
|
45.6B USD |
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|
|
| ID |
|
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
|
612T IDR |
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|
|
| CN |
|
Hengli Petrochemical Co Ltd
SSE:600346
|
169.3B CNY |
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|
|
| US |
|
Dow Inc
NYSE:DOW
|
22.6B USD |
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|
|
| CN |
|
Rongsheng Petrochemical Co Ltd
SZSE:002493
|
132B CNY |
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|
|
| TW |
|
Nan Ya Plastics Corp
TWSE:1303
|
590.8B TWD |
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|
|
| UK |
|
LyondellBasell Industries NV
NYSE:LYB
|
17.7B USD |
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|
|
| KR |
|
LG Chem Ltd
KRX:051910
|
23.8T KRW |
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|
|
| KR |
|
Ecopro Co Ltd
KOSDAQ:086520
|
20.9T KRW |
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|
Market Distribution
| Min | -416 945.9% |
| 30th Percentile | -1.5% |
| Median | 3.5% |
| 70th Percentile | 8.9% |
| Max | 17 382.1% |
Other Profitability Ratios
Tongkun Group Co Ltd
Glance View
Tongkun Group Co., Ltd., a stalwart in China's textile and polyester industry, has carved a unique niche for itself by mastering the art of vertical integration. Established decades ago, the company has journeyed from being a modest textile manufacturer to becoming a colossal entity in producing and distributing polyester products. This transformation is attributed to its strategic expansion and efficient supply chain management which allows it to control everything from raw material acquisition to finished product distribution. The heart of its operation lies in the synthesis of polyester yarns, a vital material used across numerous industries encompassing fashion, packaging, and home furnishings. By ensuring quality and consistency, Tongkun has not only captured a significant share of the domestic market but also carved pathways into global markets, where demand for high-grade polyester continues to surge. Financially, Tongkun Group thrives on a well-honed business model that capitalizes on economies of scale, enabling cost advantages that bolster its competitive edge. It invests substantially in cutting-edge technology and infrastructure to streamline production and enhance capacity, ensuring it meets the dynamic needs of its diversified clientele. Furthermore, the company's forward-looking nature is evident in its continual investments in sustainable practices and innovation, reflecting a commitment to environmentally friendly production processes. With a robust export network and a keen eye on market trends, Tongkun has cemented its position as a reliable supplier in the global textile landscape, creating a lucrative cycle of production and profit that reinforces its industry leadership.
See Also
Net Margin is calculated by dividing the Net Income by the Revenue.
The current Net Margin for Tongkun Group Co Ltd is 1.9%, which is above its 3-year median of 0.4%.
Over the last 3 years, Tongkun Group Co Ltd’s Net Margin has decreased from 5.6% to 1.9%. During this period, it reached a low of -3% on Jun 30, 2023 and a high of 5.6% on Aug 30, 2022.