QingSong Health (HKSE:02661) Net Margin %: -77.65% (As of Dec. 2025)


HKSE:02661 QingSong Health Corp HKSE:02661
18 GF Score
Price HK$8.38
! 2 Warning Signs
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What is QingSong Health Net Margin %?

QingSong Health HKSE:02661 -7.40% 18 Net Margin % is -77.65% as of Dec. 2025. GuruFocus rates HKSE:02661 with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 664 Healthcare Providers & Services companies, QingSong Health ranks worse than 83.28% on this metric.

Net margin is calculated as Net Income divided by its Revenue. QingSong Health's Net Income for the six months ended in Dec. 2025 was HK$-515 Mil. QingSong Health's Revenue for the six months ended in Dec. 2025 was HK$663 Mil. Therefore, QingSong Health's net margin for the quarter that ended in Dec. 2025 was -77.65%.

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

HKSE:02661' s Net Margin % Range Over the Past 10 Years
Min: -30.48   Med: 0.29   Max: 15.03
Current: -30.48

HKSE:02661's Net Margin % is ranked worse than
83.28% of 664 companies
in the Healthcare Providers & Services industry
Industry Median: 2.915 vs HKSE:02661: -30.48

QingSong Health  (HKSE:02661) 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.

QingSong Health Net Margin % Related Terms

QingSong Health Net Margin % Historical Data

* Premium members only.

The historical data trend for QingSong Health'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.

QingSong Health Net Margin % Chart

QingSong Health Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Net Margin %
-0.52 15.03 1.10 -30.24

QingSong Health Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Net Margin % Get a 7-Day Free Trial 0.00 4.50 -0.95 13.11 -77.65

HKSE:02661 vs VEEV, BTSG, TEM: Net Margin % Comparison

For the Health Information Services subindustry, QingSong Health'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.

QingSong Health Net Margin % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, QingSong Health's Net Margin % distribution charts can be found below:

* The bar in red indicates where QingSong Health's Net Margin % falls into.


HKSE:02661
18GF Score
QingSong Health Corp HKSE:02661
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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QingSong Health 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.

QingSong Health's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-419.487/1387.41
=-30.24 %

QingSong Health's Net Margin for the quarter that ended in Dec. 2025 is calculated as

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-514.543/662.612
=-77.65 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of -77.65% mean?
QingSong Health (HKSE:02661) has a Net Margin % of -77.65% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on QingSong Health and its competitors. According to the industry distribution chart, QingSong Health ranks #553 out of 664 companies in the Healthcare Providers & Services industry, placing it in the top 83.3%.
Is QingSong Health's Net Margin % too high?
QingSong Health's current Net Margin % is -77.65%. Based on the distribution chart, QingSong Health ranks #553 out of 664 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, QingSong Health has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does QingSong Health's Net Margin % compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, QingSong Health ranks #553 out of 664 companies for Net Margin %. This places QingSong Health in the lower half of its industry. The industry median Net Margin % is 2.92. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Healthcare Providers & Services company?
The median Net Margin % among Healthcare Providers & Services companies is 2.92, based on 664 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on QingSong Health and its competitors. For the Healthcare Providers & Services industry, the median Net Margin % is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QingSong Health's current Net Margin % is -77.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QingSong Health stock overvalued right now?
QingSong Health (HKSE:02661) has a current Net Margin % of -77.65%. The current Net Margin % is -77.65%. QingSong Health's overall GF Score™ is 18/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For QingSong Health (HKSE:02661), the current Net Margin % is -77.65% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

QingSong Health Business Description

Address No. 28 Andingmen East Street, 7th floor, Building F, Yonghe Mansion, Dongcheng District, Beijing, CHN
QingSong Health Corp is a technology-driven one-stop platform in China, focusing on providing comprehensive health services and health insurance solutions. It offers healthcare-related services, including early disease screening promotion and consultancy, health examinations and consultations, medical appointment services, and the sale of health supplements. It prominently offers health insurance products providing coverage for illness and medical expenses, typically for one year or less. The company also offers critical illness insurance, which provides a lump-sum payment if the policyholder is diagnosed with specified serious illnesses. It derives revenue from the provision of Healthcare-related Services. Geographically, it operates only in China.
18GF Score

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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$8.38
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