Pideka Group (XCNQ:IKNK.U) Net Margin % : -2,426.98% (As of Sep. 2021)

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What is Pideka Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Pideka Group's Net Income for the three months ended in Sep. 2021 was $-1.53 Mil. Pideka Group's Revenue for the three months ended in Sep. 2021 was $0.06 Mil. Therefore, Pideka Group's net margin for the quarter that ended in Sep. 2021 was -2,426.98%.

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

XCNQ:IKNK.U's Net Margin % is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 3.17
* Ranked among companies with meaningful Net Margin % only.

Pideka Group Net Margin % Historical Data

The historical data trend for Pideka Group'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.

Pideka Group Net Margin % Chart

Pideka Group Annual Data

Trend

Net Margin %

Pideka Group Quarterly Data
	Mar20	Jun20	Sep20	Mar21	Jun21	Sep21
Net Margin %	Get a 7-Day Free Trial			-234.25	-397.86	-906.06	-4,359.17	-2,426.98

Competitive Comparison of Pideka Group's Net Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Pideka Group'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.

Pideka Group's Net Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Pideka Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Pideka Group's Net Margin % falls into.

Pideka Group 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.

Pideka Group's Net Margin for the fiscal year that ended in . 20 is calculated as

Net Margin	=	Net Income (A: . 20 )	/	Revenue (A: . 20 )
	=		/
	=	%

Pideka Group's Net Margin for the quarter that ended in Sep. 2021 is calculated as

Net Margin	=	Net Income (Q: Sep. 2021 )	/	Revenue (Q: Sep. 2021 )
	=	-1.529	/	0.063
	=	-2,426.98 %

Pideka Group (XCNQ:IKNK.U) 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.

Pideka Group Net Margin % Related Terms

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Pideka Group (XCNQ:IKNK.U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Pideka Group Inc (XCNQ:IKNK.U) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

40 King Street West, 2100 Scotia Plaza, Toronto, ON, CAN, M5H 3C2

Website

https://www.ikanikfarms.com

Pideka Group Inc is multi-national operator with a medical grade indoor cultivation facility and laboratory in Colombia which holds GMP-PHARMA and good agricultural and collection practice certifications, and a retail operation in California.

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