Launxp Biomedical Co (ROCO:6876) Net Margin % : -1,528.78% (As of Jun. 2024)

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What is Launxp Biomedical Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Launxp Biomedical Co's Net Income for the six months ended in Jun. 2024 was NT$-37.98 Mil. Launxp Biomedical Co's Revenue for the six months ended in Jun. 2024 was NT$2.48 Mil. Therefore, Launxp Biomedical Co's net margin for the quarter that ended in Jun. 2024 was -1,528.78%.

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

ROCO:6876' s Net Margin % Range Over the Past 10 Years
Min: -735900 Med: -369747.32 Max: -3594.63
Current: -3612.47

ROCO:6876's Net Margin % is ranked worse than
85.99% of 999 companies
in the Biotechnology industry
Industry Median: -131.37 vs ROCO:6876: -3612.47

Launxp Biomedical Co Net Margin % Historical Data

The historical data trend for Launxp Biomedical 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.

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Launxp Biomedical Co Net Margin % Chart

Launxp Biomedical Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Net Margin %

-3,594.63

-735,900.00

Launxp Biomedical Co Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Net Margin %	Get a 7-Day Free Trial			-	-	-	-474,145.45	-1,528.78

Competitive Comparison of Launxp Biomedical Co's Net Margin %

For the Biotechnology subindustry, Launxp Biomedical 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.

Launxp Biomedical Co's Net Margin % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Launxp Biomedical Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Launxp Biomedical Co's Net Margin % falls into.

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Launxp Biomedical 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.

Launxp Biomedical 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 )
	=	-80.949	/	0.011
	=	-735,900.00 %

Launxp Biomedical 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 )
	=	-37.975	/	2.484
	=	-1,528.78 %

Launxp Biomedical Co (ROCO:6876) 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.

Launxp Biomedical Co Net Margin % Related Terms

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Launxp Biomedical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Launxp Biomedical Co Ltd (ROCO:6876) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

10F, No. 51, Section 2, Gongyi Road, Nantun District, Taichung, TWN, 408

Website

https://www.launxp.com

Launxp Biomedical Co Ltd is a company that researches, designs and develops Cancer drug rapid screening platform and Early development evaluation and technology licensing of generic drugs for cancer treatment. The company mainly focuses on the screening of development drugs, formulation of development strategies, project management, planning and execution of regulations and clinical trials, etc.

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