GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Meihua International Medical Technologies Co Ltd (NAS:MHUA) » Definitions » Net Margin %

MHUA (Meihua International Medical Technologies Co) Net Margin % : 10.40% (As of Jun. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Meihua International Medical Technologies Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Meihua International Medical Technologies Co's Net Income for the six months ended in Jun. 2024 was $4.72 Mil. Meihua International Medical Technologies Co's Revenue for the six months ended in Jun. 2024 was $45.34 Mil. Therefore, Meihua International Medical Technologies Co's net margin for the quarter that ended in Jun. 2024 was 10.40%.

The historical rank and industry rank for Meihua International Medical Technologies Co's Net Margin % or its related term are showing as below:

MHUA' s Net Margin % Range Over the Past 10 Years
Min: 6.04   Med: 19.38   Max: 21.38
Current: 9.85


MHUA's Net Margin % is ranked better than
73.45% of 821 companies
in the Medical Devices & Instruments industry
Industry Median: -1.28 vs MHUA: 9.85

Meihua International Medical Technologies Co Net Margin % Historical Data

The historical data trend for Meihua International Medical Technologies 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.

Meihua International Medical Technologies Co Net Margin % Chart

Meihua International Medical Technologies Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
19.38 21.38 20.14 6.04 11.97

Meihua International Medical Technologies Co Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.95 -0.64 14.65 9.33 10.40

Competitive Comparison of Meihua International Medical Technologies Co's Net Margin %

For the Medical Instruments & Supplies subindustry, Meihua International Medical Technologies 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.


Meihua International Medical Technologies Co's Net Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Meihua International Medical Technologies Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Meihua International Medical Technologies Co's Net Margin % falls into.



Meihua International Medical Technologies 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.

Meihua International Medical Technologies 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 )
=11.625/97.099
=11.97 %

Meihua International Medical Technologies 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 )
=4.717/45.344
=10.40 %

* 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.


Meihua International Medical Technologies Co  (NAS:MHUA) 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.


Meihua International Medical Technologies Co Net Margin % Related Terms

Thank you for viewing the detailed overview of Meihua International Medical Technologies Co's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Meihua International Medical Technologies Co Business Description

Traded in Other Exchanges
N/A
Address
88 Tongda Road, Touqiao Town, Guangling District, Yangzhou, CHN, 225000
Meihua International Medical Technologies Co Ltd is engaged in providing disposable medical devices. It serves hospitals, pharmacies, medical institutions, and medical equipment companies. Its product offerings include a Disposable Medical mask, Disposable ID Bracelet, Disposable Artificial Anal bag, Disposable Catheter, and Electonic pump among others.