Zhejiang Taimei Medical Technology Co (HKSE:02576) Net Margin % : -60.51% (As of Dec. 2023)

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What is Zhejiang Taimei Medical Technology Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Zhejiang Taimei Medical Technology Co's Net Income for the six months ended in Dec. 2023 was HK$-379.3 Mil. Zhejiang Taimei Medical Technology Co's Revenue for the six months ended in Dec. 2023 was HK$626.9 Mil. Therefore, Zhejiang Taimei Medical Technology Co's net margin for the quarter that ended in Dec. 2023 was -60.51%.

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

HKSE:02576' s Net Margin % Range Over the Past 10 Years
Min: -102.88 Med: -75.18 Max: -38.94
Current: -38.94

HKSE:02576's Net Margin % is ranked worse than
83.96% of 667 companies
in the Healthcare Providers & Services industry
Industry Median: 2 vs HKSE:02576: -38.94

Zhejiang Taimei Medical Technology Co Net Margin % Historical Data

The historical data trend for Zhejiang Taimei Medical 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.

Zhejiang Taimei Medical Technology Co Net Margin % Chart

Zhejiang Taimei Medical Technology Co Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Net Margin %

-102.88

-75.18

-60.51

-38.94

Zhejiang Taimei Medical Technology Co Semi-Annual Data
	Dec21	Dec22	Dec23	Dec24
Net Margin %	-102.88	-75.18	-60.51	-38.94

Competitive Comparison of Zhejiang Taimei Medical Technology Co's Net Margin %

For the Health Information Services subindustry, Zhejiang Taimei Medical 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.

Zhejiang Taimei Medical Technology Co's Net Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Zhejiang Taimei Medical Technology Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Zhejiang Taimei Medical Technology Co's Net Margin % falls into.

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Zhejiang Taimei Medical 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.

Zhejiang Taimei Medical 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 )
	=	-379.298	/	626.885
	=	-60.51 %

Zhejiang Taimei Medical 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 )
	=	-379.298	/	626.885
	=	-60.51 %

Zhejiang Taimei Medical Technology Co (HKSE:02576) 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.

Zhejiang Taimei Medical Technology Co Net Margin % Related Terms

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Zhejiang Taimei Medical Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Zhejiang Taimei Medical Technology Co Ltd (HKSE:02576) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

36 Changsheng South Road, 3rd Floor, Building 9, Smart Industry Innovation Park, Zhejiang, Jiaxing, CHN

Website

https://www.taimei.com

Zhejiang Taimei Medical Technology Co Ltd is a digital solution provider focused on the pharmaceutical and medical device industry in China, It designs and delivers industry-specific software and digital services that facilitate the research and development (R&D) as well as the commercialization of pharmaceuticals and medical devices. The software It offers is cloud-based, allowing users to access it from various devices at any time over the internet, without the need for software installation and maintenance on their devices. These cloud-based software covers critical use cases in R&D and commercialization of innovative drugs and medical devices.

Executives

Zuo Lingye	2201 Interest of corporation controlled by you
Shang Hai Jing Wei Gu Quan Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Hang Zhou Jing Wei Yuan Chuang Tou Zi Guan Li He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Jing Wei Chuang Teng Hang Zhou Chuang Ye Tou Zi He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Shen Zhen Shi Teng Xun Rui Tou Qi Ye Guan Li You Xian Gong Si
Teng Xun Ke Ji Shen Zhen You Xian Gong Si
Chen Yihai	2202 Interest of your spouse
Shang Hai Chen Xi Chuang Ye Tou Zi Zhong Xin You Xian He Huo	2101 Beneficial owner
Shang Hai Yuan Pan Qi Ye Guan Li Zi Xun He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Xue Qiong	2201 Interest of corporation controlled by you
Ma Huateng
Lin Zhi Teng Xun Tou Zi Guan Li You Xian Gong Si
Shen Zhen Shi Teng Xun Chan Ye Tou Zi Ji Jin You Xian Gong Si
Oriental Power Holdings Limited
Shen Zhen Shi Teng Xun Rui Jian Tou Zi You Xian Gong Si

Zhejiang Taimei Medical Technology Co Headlines

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