Solareast Holdings Co Ltd
SSE:603366
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 |
|
Solareast Holdings Co Ltd
SSE:603366
|
7.9B CNY |
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|
|
| CN |
|
Contemporary Amperex Technology Co Ltd
SZSE:300750
|
1.7T CNY |
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|
|
| FR |
|
Schneider Electric SE
PAR:SU
|
144.2B EUR |
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|
|
| CH |
|
Abb Ltd
SIX:ABBN
|
128.2B CHF |
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|
|
| IE |
|
Eaton Corporation PLC
NYSE:ETN
|
153.8B USD |
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|
|
| US |
|
Vertiv Holdings Co
NYSE:VRT
|
89.7B USD |
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|
|
| US |
|
Emerson Electric Co
NYSE:EMR
|
83.2B USD |
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|
|
| KR |
|
LG Energy Solution Ltd
KRX:373220
|
92.4T KRW |
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|
|
| US |
|
AMETEK Inc
NYSE:AME
|
52.9B USD |
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|
|
| FR |
|
Legrand SA
PAR:LR
|
39.4B EUR |
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|
|
| CN |
|
Sungrow Power Supply Co Ltd
SZSE:300274
|
309.2B CNY |
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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
Solareast Holdings Co Ltd
Glance View
In the bustling sphere of renewable energy, Solareast Holdings Co Ltd stands as a vibrant participant, expertly weaving innovation with sustainability. The company, established in China, has carved a niche in the solar thermal industry, focusing on the development, manufacturing, and marketing of solar water heaters. Harnessing the power of the sun, Solareast produces products that convert solar energy into thermal energy, effectively reducing reliance on conventional heating methods. By doing so, it taps into the growing global demand for clean energy solutions, providing an environmentally friendly alternative for residential and commercial heating needs. The company's emphasis on innovation and quality keeps it competitive in a crowded market, where it consistently rolls out advanced technology to improve efficiency and reliability. Solareast's business model thrives on a diversified approach, encompassing both domestic and international sales across multiple regions. This distribution strategy allows the company to reach an array of markets, from urban areas in need of sustainable infrastructure to rural locations reliant on off-grid solutions. Revenue streams are bolstered by the sale of solar water heaters, solar collectors, and other related products, generating a stable financial base. The manufacturing prowess of Solareast, backed by extensive research and development, enables it to capitalize on economies of scale, optimizing production costs while maintaining quality standards. This savvy balancing act has positioned Solareast Holdings as a noteworthy player in the renewable energy landscape, championing a transition to sustainable living while reaping the financial benefits of an expanding market.
See Also
Net Margin is calculated by dividing the Net Income by the Revenue.
The current Net Margin for Solareast Holdings Co Ltd is 4%, which is below its 3-year median of 5%.
Over the last 3 years, Solareast Holdings Co Ltd’s Net Margin has decreased from 4.1% to 4%. During this period, it reached a low of 2.3% on Sep 30, 2024 and a high of 8.9% on Jun 30, 2023.