Latest profit margin for Shengkai Innovations: -19.64% — see history and peer comparisons.
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+ FollowAs of Mar 2013
Trailing 12 months ending Mar 2013
Shengkai Innovations's profit margin stands at -19.64% as of March 2013. That compares with 49.85% in the prior-year period — down 139.4% year over year. That is below the Industrials sector average of 4.71%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
Shengkai Innovations reported -19.64% in profit margin versus 49.85% a year earlier — a 139.4% year-over-year decrease. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.
Shengkai Innovations sits lower the Industrials benchmark (4.71%) with a profit margin of -19.64%. That is roughly 517.5% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
A profit margin of -19.64% for Shengkai Innovations means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.
The history chart shows how Shengkai Innovations's profit margin evolved across reporting periods, while the comparison chart places VALV next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.