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Finet Group (HKSE:08317) Net Margin % : -90.63% (As of Sep. 2023)


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What is Finet Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Finet Group's Net Income for the three months ended in Sep. 2023 was HK$-4.59 Mil. Finet Group's Revenue for the three months ended in Sep. 2023 was HK$5.06 Mil. Therefore, Finet Group's net margin for the quarter that ended in Sep. 2023 was -90.63%.

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

HKSE:08317' s Net Margin % Range Over the Past 10 Years
Min: -321.53   Med: -137.03   Max: -63.84
Current: -211.88


HKSE:08317's Net Margin % is ranked worse than
98.21% of 1063 companies
in the Business Services industry
Industry Median: 3.92 vs HKSE:08317: -211.88

Finet Group Net Margin % Historical Data

The historical data trend for Finet Group'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.

Finet Group Net Margin % Chart

Finet Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -147.02 -78.08 -71.67 -63.84 -127.03

Finet Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9.94 -355.73 1,097.67 18.61 -90.63

Competitive Comparison of Finet Group's Net Margin %

For the Specialty Business Services subindustry, Finet Group'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.


Finet Group's Net Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Finet Group's Net Margin % distribution charts can be found below:

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



Finet Group 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.

Finet Group'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 )
=-16.341/12.864
=-127.03 %

Finet Group'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 )
=-4.585/5.059
=-90.63 %

* 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.


Finet Group  (HKSE:08317) 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.


Finet Group Net Margin % Related Terms

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Finet Group (HKSE:08317) Business Description

Traded in Other Exchanges
N/A
Address
77-79 Gloucester Road, 30th Floor, Fortis Tower, Wanchai, Hong Kong, HKG
Finet Group Ltd is an investment holding company. The company has four business segments namely Financial Information, Advertising and Investor Relationship Service Business; Securities and Futures Business; Money Lending Business; and Property Investment Business. The Financial Information, Advertising and Investor Relationship Service Business segment involves in the development, production, and provision of financial information services and technology solutions to investors, corporate and retail clients. The Securities and Futures segment specializes in the provision of online securities and futures trading. The Money Lending Business segment engages in lending. The Property Investment segment involves in the real estate business.

Finet Group (HKSE:08317) Headlines

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