MicroPort NeuroTech (HKSE:02172) Net Margin % : 22.24% (As of Dec. 2023)

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What is MicroPort NeuroTech Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. MicroPort NeuroTech's Net Income for the six months ended in Dec. 2023 was HK$89.2 Mil. MicroPort NeuroTech's Revenue for the six months ended in Dec. 2023 was HK$400.8 Mil. Therefore, MicroPort NeuroTech's net margin for the quarter that ended in Dec. 2023 was 22.24%.

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

HKSE:02172' s Net Margin % Range Over the Past 10 Years
Min: -3.98 Med: 20.41 Max: 25.57
Current: 21.87

HKSE:02172's Net Margin % is ranked better than
90.09% of 817 companies
in the Medical Devices & Instruments industry
Industry Median: -1.06 vs HKSE:02172: 21.87

MicroPort NeuroTech Net Margin % Historical Data

The historical data trend for MicroPort NeuroTech'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.

MicroPort NeuroTech Net Margin % Chart

MicroPort NeuroTech Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

25.57

20.41

6.31

-3.98

21.87

MicroPort NeuroTech Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial			-9.10	-44.83	20.68	21.40	22.24

Competitive Comparison of MicroPort NeuroTech's Net Margin %

For the Medical Devices subindustry, MicroPort NeuroTech'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.

MicroPort NeuroTech's Net Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, MicroPort NeuroTech's Net Margin % distribution charts can be found below:

* The bar in red indicates where MicroPort NeuroTech's Net Margin % falls into.

MicroPort NeuroTech 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.

MicroPort NeuroTech'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 )
	=	159.197	/	728.045
	=	21.87 %

MicroPort NeuroTech's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	89.151	/	400.794
	=	22.24 %

MicroPort NeuroTech (HKSE:02172) 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.

MicroPort NeuroTech Net Margin % Related Terms

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MicroPort NeuroTech (HKSE:02172) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » MicroPort NeuroTech Ltd (HKSE:02172) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1661 Zhangdong Road, Pudong New Area, Shanghai, CHN

Website

https://www.medneurotech.com

MicroPort NeuroTech Ltd is into the neuro-interventional medical device industry, dedicated to providing innovative solutions for physicians and patients. The company boast a comprehensive portfolio of approved therapeutic products covering all of the three main areas of neurovascular disease, namely hemorrhagic stroke, cerebral atherosclerotic stenosis and acute ischemic stroke.

Executives

Hu Yibin
Biolink Biomedical Ltd.	2201 Interest of corporation controlled by you
Blossom Vision Limited	2201 Interest of corporation controlled by you
Lion Fish Limited	2201 Interest of corporation controlled by you
Suntera Corporate Trustees (hong Kong) Limited	2301 Trustee
Thriving Hope Limited	2201 Interest of corporation controlled by you
Biolink Fund Limited Partnership	2201 Interest of corporation controlled by you
Biolink Limited	2101 Beneficial owner
Microport Scientific Corporation
Microport Scientific Investment Ltd
Maxwell Maxcare Science Foundation Limited
We'tron Capital Limited

MicroPort NeuroTech (HKSE:02172) Headlines

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