GoFintech Quantum Innovation (HKSE:00290) Net Margin % : -49.55% (As of Sep. 2024)

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What is GoFintech Quantum Innovation Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. GoFintech Quantum Innovation's Net Income for the six months ended in Sep. 2024 was HK$-10.91 Mil. GoFintech Quantum Innovation's Revenue for the six months ended in Sep. 2024 was HK$22.02 Mil. Therefore, GoFintech Quantum Innovation's net margin for the quarter that ended in Sep. 2024 was -49.55%.

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

HKSE:00290' s Net Margin % Range Over the Past 10 Years
Min: -347.65 Med: -76.93 Max: 61.96
Current: -48.68

HKSE:00290's Net Margin % is ranked worse than
75% of 108 companies
in the Diversified Financial Services industry
Industry Median: 5.05 vs HKSE:00290: -48.68

GoFintech Quantum Innovation Net Margin % Historical Data

The historical data trend for GoFintech Quantum Innovation'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.

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GoFintech Quantum Innovation Net Margin % Chart

GoFintech Quantum Innovation Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Net Margin %

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-43.26

-10.25

-143.32

-263.77

-66.73

GoFintech Quantum Innovation Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Net Margin %	Get a 7-Day Free Trial															-167.45	-449.57	-94.96	-47.98	-49.55

Competitive Comparison of GoFintech Quantum Innovation's Net Margin %

For the Financial Conglomerates subindustry, GoFintech Quantum Innovation'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.

GoFintech Quantum Innovation's Net Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, GoFintech Quantum Innovation's Net Margin % distribution charts can be found below:

* The bar in red indicates where GoFintech Quantum Innovation's Net Margin % falls into.

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GoFintech Quantum Innovation 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.

GoFintech Quantum Innovation's Net Margin for the fiscal year that ended in Mar. 2024 is calculated as

Net Margin	=	Net Income (A: Mar. 2024 )	/	Revenue (A: Mar. 2024 )
	=	-30.679	/	45.975
	=	-66.73 %

GoFintech Quantum Innovation's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin	=	Net Income (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	-10.909	/	22.016
	=	-49.55 %

GoFintech Quantum Innovation (HKSE:00290) 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.

GoFintech Quantum Innovation Net Margin % Related Terms

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GoFintech Quantum Innovation Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » GoFintech Quantum Innovation Ltd (HKSE:00290) » Definitions » Net Margin %

Traded in Other Exchanges

N/A

Address

183 Queen’s Road Central, 41st Floor COSCO Tower, Room 4102-06, Hong Kong, HKG

Website

https://www.290.com.hk

GoFintech Quantum Innovation Ltd Formerly GoFintech Innovation Ltd is a cross-border financial service platform based in Hong Kong backed by the Greater Bay Area. The company's reportable and operating segments are; Securities brokerage and margin financing, Corporate finance, Money lending, Consultancy and Insurance brokerage, Asset management, and Equity investment. It generates maximum revenue from the Securities brokerage and margin financing segment which engages in securities brokerage and margin financing in Hong Kong. Geographically, the company derives a majority of its revenue from Hong Kong and the rest from the People's Republic of China.

Executives

Wang Tao	2101 Beneficial owner
Ps Trust Limited	2301 Trustee
Gofintech Esop Limited
Liu Zhiwei	2101 Beneficial owner
Star Banner Development Company Limited	2101 Beneficial owner
Yu Dongge	2101 Beneficial owner
Riverhead Capital (international) Management Co., Ltd.	2101 Beneficial owner
Sun Zhuyin	2202 Interest of your spouse
Xie Zhichun	2201 Interest of corporation controlled by you
Santo Limited	2101 Beneficial owner
Liberal Expansion Limited	2201 Interest of corporation controlled by you
Whole Advance Limited	2201 Interest of corporation controlled by you
Zhao Xu Guang	2201 Interest of corporation controlled by you
Santo Limited	2101 Beneficial owner
Jadehero Limited	2101 Beneficial owner

GoFintech Quantum Innovation Headlines

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