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Beijing Sun-Novo Pharmaceutical Research Co (SHSE:688621) Net Margin % : 28.84% (As of Mar. 2024)


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What is Beijing Sun-Novo Pharmaceutical Research Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Beijing Sun-Novo Pharmaceutical Research Co's Net Income for the three months ended in Mar. 2024 was ¥72.8 Mil. Beijing Sun-Novo Pharmaceutical Research Co's Revenue for the three months ended in Mar. 2024 was ¥252.3 Mil. Therefore, Beijing Sun-Novo Pharmaceutical Research Co's net margin for the quarter that ended in Mar. 2024 was 28.84%.

The historical rank and industry rank for Beijing Sun-Novo Pharmaceutical Research Co's Net Margin % or its related term are showing as below:

SHSE:688621' s Net Margin % Range Over the Past 10 Years
Min: 5.49   Med: 20.3   Max: 23.13
Current: 22.02


SHSE:688621's Net Margin % is ranked better than
90.87% of 1019 companies
in the Drug Manufacturers industry
Industry Median: 3.19 vs SHSE:688621: 22.02

Beijing Sun-Novo Pharmaceutical Research Co Net Margin % Historical Data

The historical data trend for Beijing Sun-Novo Pharmaceutical Research 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.

Beijing Sun-Novo Pharmaceutical Research Co Net Margin % Chart

Beijing Sun-Novo Pharmaceutical Research Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 20.30 20.86 21.40 23.13 19.82

Beijing Sun-Novo Pharmaceutical Research Co Quarterly Data
Dec17 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.62 30.64 22.98 5.70 28.84

Competitive Comparison of Beijing Sun-Novo Pharmaceutical Research Co's Net Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Beijing Sun-Novo Pharmaceutical Research 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.


Beijing Sun-Novo Pharmaceutical Research Co's Net Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Beijing Sun-Novo Pharmaceutical Research Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Beijing Sun-Novo Pharmaceutical Research Co's Net Margin % falls into.



Beijing Sun-Novo Pharmaceutical Research 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.

Beijing Sun-Novo Pharmaceutical Research 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 )
=184.757/932.12
=19.82 %

Beijing Sun-Novo Pharmaceutical Research Co's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=72.754/252.264
=28.84 %

* 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.


Beijing Sun-Novo Pharmaceutical Research Co  (SHSE:688621) 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.


Beijing Sun-Novo Pharmaceutical Research Co Net Margin % Related Terms

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Beijing Sun-Novo Pharmaceutical Research Co (SHSE:688621) Business Description

Traded in Other Exchanges
N/A
Address
No. 79 Shuangying West Road, 1st Floor, Building 7, Science Park, Changping District, Beijing, CHN, 102200
Beijing Sun-Novo Pharmaceutical Research Co Ltd is engaged in providing professional research and development outsourcing services for pharmaceutical companies.
Executives
Shao Yan Director
Zhao Ling Yang Director
Liu Yu Jing Directors, senior managers
Li Qian Director

Beijing Sun-Novo Pharmaceutical Research Co (SHSE:688621) Headlines

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