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Tong Tong AI Social Group (HKSE:00628) Net Margin % : 44.21% (As of Jun. 2024)


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What is Tong Tong AI Social Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Tong Tong AI Social Group's Net Income for the six months ended in Jun. 2024 was HK$27.2 Mil. Tong Tong AI Social Group's Revenue for the six months ended in Jun. 2024 was HK$61.5 Mil. Therefore, Tong Tong AI Social Group's net margin for the quarter that ended in Jun. 2024 was 44.21%.

The historical rank and industry rank for Tong Tong AI Social Group'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: 55.68
Current: 55.68


HKSE:00628's Net Margin % is ranked better than
87.95% of 531 companies
in the Credit Services industry
Industry Median: 13.85 vs HKSE:00628: 55.68

Tong Tong AI Social Group Net Margin % Historical Data

The historical data trend for Tong Tong AI Social 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.

Tong Tong AI Social Group Net Margin % Chart

Tong Tong AI Social Group 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

Tong Tong AI Social Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 7.41 -21.88 -14.10 66.64 44.21

Competitive Comparison of Tong Tong AI Social Group's Net Margin %

For the Credit Services subindustry, Tong Tong AI Social 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.


Tong Tong AI Social Group's Net Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Tong Tong AI Social Group's Net Margin % distribution charts can be found below:

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



Tong Tong AI Social 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.

Tong Tong AI Social Group'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 %

Tong Tong AI Social Group's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=27.21/61.542
=44.21 %

* 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.


Tong Tong AI Social Group  (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.


Tong Tong AI Social Group Net Margin % Related Terms

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Tong Tong AI Social Group Business Description

Traded in Other Exchanges
N/A
Address
8 Finance Street, Central, Suite 2912, 29th Floor, Two International Finance Centre, Hong Kong, HKG
Tong Tong AI Social Group Ltd Formerly Gome Finance Technology Co Ltd is an investment holding company. The company's core business comprises the provision of commercial factoring, financial leasing, and other financial services in the People's Republic of China (PRC). Its operating segments include Commercial factoring business and other financing services. The company generates maximum revenue from the Commercial factoring services segment.
Executives
Hongkong Mingrun Business Co., Limited 2101 Beneficial owner
Luo Minjing 2201 Interest of corporation controlled by you
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
Swiree Capital Limited 2101 Beneficial owner
Ko Chun Shun, Johnson 2201 Interest of corporation controlled by you
Richlane Ventures Limited 2101 Beneficial owner

Tong Tong AI Social Group Headlines

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