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Gome Finance Technology Co (HKSE:00628) Net Margin % : 66.64% (As of Dec. 2023)


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What is Gome Finance Technology Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Gome Finance Technology Co's Net Income for the six months ended in Dec. 2023 was HK$42.91 Mil. Gome Finance Technology Co's Revenue for the six months ended in Dec. 2023 was HK$64.39 Mil. Therefore, Gome Finance Technology Co's net margin for the quarter that ended in Dec. 2023 was 66.64%.

The historical rank and industry rank for Gome Finance Technology Co's Net Margin % or its related term are showing as below:

HKSE:00628' s Net Margin % Range Over the Past 10 Years
Min: -415.71   Med: -2.78   Max: 49.55
Current: 49.55


HKSE:00628's Net Margin % is ranked better than
84.79% of 526 companies
in the Credit Services industry
Industry Median: 14.635 vs HKSE:00628: 49.55

Gome Finance Technology Co Net Margin % Historical Data

The historical data trend for Gome Finance Technology 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.

Gome Finance Technology Co Net Margin % Chart

Gome Finance Technology Co Annual Data
Trend Mar14 Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -50.39 18.99 -204.04 -7.51 49.55

Gome Finance Technology Co Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -375.65 7.41 -21.88 -14.10 66.64

Competitive Comparison of Gome Finance Technology Co's Net Margin %

For the Credit Services subindustry, Gome Finance Technology 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.


Gome Finance Technology Co's Net Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Gome Finance Technology Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Gome Finance Technology Co's Net Margin % falls into.



Gome Finance Technology 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.

Gome Finance Technology 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 )
=40.467/81.677
=49.55 %

Gome Finance Technology Co'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 )
=42.905/64.386
=66.64 %

* 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.


Gome Finance Technology Co  (HKSE:00628) 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.


Gome Finance Technology Co Net Margin % Related Terms

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Gome Finance Technology Co (HKSE:00628) Business Description

Traded in Other Exchanges
N/A
Address
8 Finance Street, Central, Suite 2912, 29th Floor, Two International Finance Centre, Hong Kong, HKG
Gome Finance Technology Co Ltd is an investment holding company. The company's core business includes commercial factoring, financial leasing, personal property pawn loans, and money leading business. Its operating segments include Commercial factoring, Finance lease, and other financing services. The company generates maximum revenue from the Commercial factoring services segment. Geographically, it derives the majority of revenue from Mainland China.
Executives
Mega Bright Capital Resources Limited 2101 Beneficial owner
Du Juan 2202 Interest of your spouse
Wong Kwong Yu 2201 Interest of corporation controlled by you
Ko Chun Shun, Johnson 2201 Interest of corporation controlled by you
Richlane Ventures Limited 2101 Beneficial owner

Gome Finance Technology Co (HKSE:00628) Headlines

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