GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hengxin Technology Ltd (HKSE:01085) » Definitions » Net Margin %

Hengxin Technology (HKSE:01085) Net Margin % : 2.38% (As of Jun. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Hengxin Technology Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Hengxin Technology's Net Income for the six months ended in Jun. 2024 was HK$29 Mil. Hengxin Technology's Revenue for the six months ended in Jun. 2024 was HK$1,201 Mil. Therefore, Hengxin Technology's net margin for the quarter that ended in Jun. 2024 was 2.38%.

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

HKSE:01085' s Net Margin % Range Over the Past 10 Years
Min: 2   Med: 6.55   Max: 7.94
Current: 2


HKSE:01085's Net Margin % is ranked worse than
53.29% of 2445 companies
in the Hardware industry
Industry Median: 2.62 vs HKSE:01085: 2.00

Hengxin Technology Net Margin % Historical Data

The historical data trend for Hengxin Technology'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.

Hengxin Technology Net Margin % Chart

Hengxin Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.94 5.38 4.39 3.12 3.09

Hengxin Technology Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 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 2.97 3.27 4.69 1.65 2.38

Competitive Comparison of Hengxin Technology's Net Margin %

For the Communication Equipment subindustry, Hengxin Technology'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.


Hengxin Technology's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hengxin Technology's Net Margin % distribution charts can be found below:

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



Hengxin Technology 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.

Hengxin Technology'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 )
=76.239/2467.459
=3.09 %

Hengxin Technology'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 )
=28.624/1200.69
=2.38 %

* 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.


Hengxin Technology  (HKSE:01085) 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.


Hengxin Technology Net Margin % Related Terms

Thank you for viewing the detailed overview of Hengxin Technology's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Hengxin Technology Business Description

Traded in Other Exchanges
N/A
Address
5 Tampines Central 1, No. 06-05 Tampines Plaza 2, Singapore, SGP, 529541
Hengxin Technology Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the manufacturing of radio frequency (RF) coaxial cable series for mobile communications. It operates in the segments of Radiofrequency coaxial cables, Telecommunication and accessories, and Antennas. Its product portfolio includes RF coaxial cable series for mobile communications, coaxial cables for telecommunications equipment and accessories, and other products which include high-temperature-resistant cables and antennas. It derives a majority of its revenue from the sale of Radiofrequency coaxial cables.
Executives
Kingever Enterprises Limited 2101 Beneficial owner
Cui Wei 2201 Interest of corporation controlled by you

Hengxin Technology Headlines

No Headlines