Clarity Medical Group Holding (HKSE:01406) Net Margin % : -62.44% (As of Mar. 2024)

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What is Clarity Medical Group Holding Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Clarity Medical Group Holding's Net Income for the six months ended in Mar. 2024 was HK$-55.8 Mil. Clarity Medical Group Holding's Revenue for the six months ended in Mar. 2024 was HK$89.3 Mil. Therefore, Clarity Medical Group Holding's net margin for the quarter that ended in Mar. 2024 was -62.44%.

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

HKSE:01406' s Net Margin % Range Over the Past 10 Years
Min: -42.12 Med: 9.04 Max: 16.08
Current: -42.12

HKSE:01406's Net Margin % is ranked worse than
70.04% of 821 companies
in the Medical Devices & Instruments industry
Industry Median: -1.28 vs HKSE:01406: -42.12

Clarity Medical Group Holding Net Margin % Historical Data

The historical data trend for Clarity Medical Group Holding'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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Clarity Medical Group Holding Net Margin % Chart

Clarity Medical Group Holding Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Net Margin %

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12.08

16.08

5.99

-1.49

-39.70

Clarity Medical Group Holding Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Net Margin %	Get a 7-Day Free Trial					7.35	-10.46	-19.70	-62.44	-21.29

Competitive Comparison of Clarity Medical Group Holding's Net Margin %

For the Medical Instruments & Supplies subindustry, Clarity Medical Group Holding'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.

Clarity Medical Group Holding's Net Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Clarity Medical Group Holding's Net Margin % distribution charts can be found below:

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

Clarity Medical Group Holding 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.

Clarity Medical Group Holding'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 )
	=	-75.793	/	190.933
	=	-39.70 %

Clarity Medical Group Holding's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin	=	Net Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	-55.774	/	89.323
	=	-62.44 %

Clarity Medical Group Holding (HKSE:01406) 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.

Clarity Medical Group Holding Net Margin % Related Terms

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Clarity Medical Group Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Clarity Medical Group Holding Ltd (HKSE:01406) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Queen’s Road Central, Room 1302, 13th Floor, Hong Kong, HKG

Website

https://www.claritymedic.com

Clarity Medical Group Holding Ltd is committed to providing comprehensive and professional ophthalmic services for patients with various eye conditions. It operates two medical centers in Central and Mongkok. The medical centers are equipped with medical instruments and surgical equipment which allows performing various ophthalmic examinations, treatments, and surgeries for patients.

Executives

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Tse Wai Ip	2307 Founder of a discretionary trust who can infl
Cheng Chi Heng	2101 Beneficial owner
3w Partners Fund I L.p.	2201 Interest of corporation controlled by you
3w Partners Gp Limited	2201 Interest of corporation controlled by you
3w Partners Holdings Limited	2201 Interest of corporation controlled by you
Clear Lead Ventures Limited	2101 Beneficial owner
Goh Lu Hong	2501 Other
Chan Hoi Hin William	2501 Other
Wuxi Apptec (hong Kong) Limited
Wuxi Apptec Co., Ltd.

Clarity Medical Group Holding Headlines

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