Miricor Enterprises Holdings (HKSE:01827) Net Margin % : -5.51% (As of Sep. 2023)

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What is Miricor Enterprises Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Miricor Enterprises Holdings's Net Income for the six months ended in Sep. 2023 was HK$-13.1 Mil. Miricor Enterprises Holdings's Revenue for the six months ended in Sep. 2023 was HK$237.0 Mil. Therefore, Miricor Enterprises Holdings's net margin for the quarter that ended in Sep. 2023 was -5.51%.

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

HKSE:01827' s Net Margin % Range Over the Past 10 Years
Min: -9.82 Med: 7.68 Max: 22.18
Current: -7.57

HKSE:01827's Net Margin % is ranked worse than
83.02% of 106 companies
in the Personal Services industry
Industry Median: 2.955 vs HKSE:01827: -7.57

Miricor Enterprises Holdings Net Margin % Historical Data

The historical data trend for Miricor Enterprises Holdings'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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Miricor Enterprises Holdings Net Margin % Chart

Miricor Enterprises Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Net Margin %

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14.09

7.68

-9.82

6.97

-4.43

Miricor Enterprises Holdings Semi-Annual Data
	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Net Margin %	Get a 7-Day Free Trial												27.00	-17.38	1.61	-9.52	-5.51

Competitive Comparison of Miricor Enterprises Holdings's Net Margin %

For the Personal Services subindustry, Miricor Enterprises Holdings'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.

Miricor Enterprises Holdings's Net Margin % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Miricor Enterprises Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Miricor Enterprises Holdings's Net Margin % falls into.

Miricor Enterprises Holdings 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.

Miricor Enterprises Holdings's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin	=	Net Income (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	-20.501	/	463.117
	=	-4.43 %

Miricor Enterprises Holdings's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin	=	Net Income (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	-13.05	/	237.01
	=	-5.51 %

Miricor Enterprises Holdings (HKSE:01827) 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.

Miricor Enterprises Holdings Net Margin % Related Terms

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Miricor Enterprises Holdings (HKSE:01827) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Miricor Enterprises Holdings Ltd (HKSE:01827) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

88 Connaught Road Central, 18th Floor, Nan Fung Tower, Central, Hong Kong, HKG

Website

http://www.miricor.com

Miricor Enterprises Holdings Ltd is an investment holding company. The company is engaged in the provision of medical aesthetic services and the sale of skin care products. The company's only operating segment is the non-surgical medical aesthetic services and is principally engaged in the provision of medical aesthetic services and the sale of skin care products in Hong Kong and Mainland China. Geographically, it operates and derives revenue from Hong Kong.

Executives

Meitu, Inc.	2101 Beneficial owner
Sunny Bright Group Holdings Limited	2101 Beneficial owner
Lai Ka Yee Gigi	2201 Interest of corporation controlled by you
Ma Ting Keung Patrick	2201 Interest of corporation controlled by you

Miricor Enterprises Holdings (HKSE:01827) Headlines

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