Cryofocus Medtech (Shanghai) Co (HKSE:06922) Net Margin % : -267.88% (As of Jun. 2024)

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What is Cryofocus Medtech (Shanghai) Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Cryofocus Medtech (Shanghai) Co's Net Income for the six months ended in Jun. 2024 was HK$-56.16 Mil. Cryofocus Medtech (Shanghai) Co's Revenue for the six months ended in Jun. 2024 was HK$20.97 Mil. Therefore, Cryofocus Medtech (Shanghai) Co's net margin for the quarter that ended in Jun. 2024 was -267.88%.

The historical rank and industry rank for Cryofocus Medtech (Shanghai) Co's Net Margin % or its related term are showing as below:

HKSE:06922' s Net Margin % Range Over the Past 10 Years
Min: -1514.07 Med: -433.81 Max: -238.06
Current: -255.87

HKSE:06922's Net Margin % is ranked worse than
85.14% of 821 companies
in the Medical Devices & Instruments industry
Industry Median: -1.11 vs HKSE:06922: -255.87

Cryofocus Medtech (Shanghai) Co Net Margin % Historical Data

The historical data trend for Cryofocus Medtech (Shanghai) 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.

Cryofocus Medtech (Shanghai) Co Net Margin % Chart

Cryofocus Medtech (Shanghai) Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Net Margin %

-1,514.07

-454.26

-413.35

-238.06

Cryofocus Medtech (Shanghai) Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Net Margin %	Get a 7-Day Free Trial			-414.30	-412.77	-229.47	-245.43	-267.88

Competitive Comparison of Cryofocus Medtech (Shanghai) Co's Net Margin %

For the Medical Devices subindustry, Cryofocus Medtech (Shanghai) 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.

Cryofocus Medtech (Shanghai) Co's Net Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Cryofocus Medtech (Shanghai) Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Cryofocus Medtech (Shanghai) Co's Net Margin % falls into.

Cryofocus Medtech (Shanghai) 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.

Cryofocus Medtech (Shanghai) 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 )
	=	-106.628	/	44.79
	=	-238.06 %

Cryofocus Medtech (Shanghai) Co'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 )
	=	-56.164	/	20.966
	=	-267.88 %

Cryofocus Medtech (Shanghai) Co (HKSE:06922) 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.

Cryofocus Medtech (Shanghai) Co Net Margin % Related Terms

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Cryofocus Medtech (Shanghai) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Cryofocus Medtech (Shanghai) Co Ltd (HKSE:06922) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 3399, Kangxin Road, Building 15, Pudong New Area, Shanghai, CHN, 200120

Website

https://www.cryofocus.com

Cryofocus Medtech (Shanghai) Co Ltd is a medical device company engaged in the research and development, manufacture, and sale of cryoablation minimally invasive interventional treatment technology and related medical products. The products offered by the company include; Bladder Cryoablation System, Pulmonary Nodule Localization Needle, and Endoscopic Clip for Anastomosis among others. Geographically, the company's revenue is generated from the sale of medical consumables and devices in the Chinese Mainland.

Executives

Wu Jianhui	2101 Beneficial owner
Li Hui	2202 Interest of your spouse
Lv Shiwen	2103 Interests held jointly with another person
Sun Xiaolu	2201 Interest of corporation controlled by you
Zhang Qian
Hang Zhou Bi Lin Xing Chuang Xin Tou Zi He Huo Qi Ye You Xian He Huo
Shang Hai Shi Di Sheng Wu Ke Ji You Xian Gong Si
Shang Hai Bi Lin Xing Zi Chan Guan Li You Xian Gong Si
Hang Zhou Bi Lin Xing Chuang Xin Tou Zi Guan Li He Huo Qi Ye You Xian He Huo
Ning Bo Lin Feng Sheng Wu Ke Ji You Xian Gong Si
Shang Hai Shi Di Shi Ye Fa Zhan You Xian Gong Si
Sheng Shan Zi Chan Guan Li Shang Hai You Xian Gong Si
Gan Shi Xiong
Su Zhou Gong Ye Yuan Qu Zhi Nuo Shang Wu Xin Xi Zi Xun You Xian Gong Si	2201 Interest of corporation controlled by you
Su Zhou Gong Ye Yuan Qu Xin Jian Yuan Er Qi Chuang Ye Tou Zi Qi Ye You Xian He Huo	2101 Beneficial owner

Cryofocus Medtech (Shanghai) Co Headlines

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