Joincare Pharmaceutical Group Industry Co (SHSE:600380) Net Margin % : 10.13% (As of Mar. 2024)

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What is Joincare Pharmaceutical Group Industry Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Joincare Pharmaceutical Group Industry Co's Net Income for the three months ended in Mar. 2024 was ¥440 Mil. Joincare Pharmaceutical Group Industry Co's Revenue for the three months ended in Mar. 2024 was ¥4,340 Mil. Therefore, Joincare Pharmaceutical Group Industry Co's net margin for the quarter that ended in Mar. 2024 was 10.13%.

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

SHSE:600380' s Net Margin % Range Over the Past 10 Years
Min: 4.64 Med: 7.88 Max: 19.79
Current: 8.64

SHSE:600380's Net Margin % is ranked better than
65.88% of 1020 companies
in the Drug Manufacturers industry
Industry Median: 3.225 vs SHSE:600380: 8.64

Joincare Pharmaceutical Group Industry Co Net Margin % Historical Data

The historical data trend for Joincare Pharmaceutical Group Industry 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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Joincare Pharmaceutical Group Industry Co Net Margin % Chart

Joincare Pharmaceutical Group Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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7.47

8.29

8.35

8.77

8.67

Joincare Pharmaceutical Group Industry Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial															10.15	8.48	6.82	8.99	10.13

Competitive Comparison of Joincare Pharmaceutical Group Industry Co's Net Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Joincare Pharmaceutical Group Industry 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.

Joincare Pharmaceutical Group Industry Co's Net Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Joincare Pharmaceutical Group Industry Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Joincare Pharmaceutical Group Industry Co's Net Margin % falls into.

Joincare Pharmaceutical Group Industry 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.

Joincare Pharmaceutical Group Industry 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 )
	=	1442.78	/	16646.35
	=	8.67 %

Joincare Pharmaceutical Group Industry Co's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin	=	Net Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	439.798	/	4339.814
	=	10.13 %

Joincare Pharmaceutical Group Industry Co (SHSE:600380) 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.

Joincare Pharmaceutical Group Industry Co Net Margin % Related Terms

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Joincare Pharmaceutical Group Industry Co (SHSE:600380) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Joincare Pharmaceutical Group Industry Co Ltd (SHSE:600380) » Definitions » Net Margin %

Traded in Other Exchanges

N/A

Address

No. 17 Langshan Road, Joincare Pharmaceutical Group Building, Nanshan New and High-Tech Industrial Development (, Shenzhen, Guangdong, CHN, 518057

Website

http://www.joincare.com

Joincare Pharmaceutical Group Industry Co Ltd is an integrated pharmaceutical company, the business scope covers healthcare products, APIs, final dosage forms, prescription drugs, OTCs, Chinese traditional medicine, chemical drugs, and testing agents. APIs are antibiotic series and their intermediates 7ACA, 4AA and F9. Prescription drugs focus on the realms of the digestive tract, a blood vessel of heart and brain, infection, tumor, nervous cerebrovascular section, urinary system etc. OTCs include gastrointestinal drug Dele-Livzon, Live Bifidobacterium Preparation, oral ulcer drugs Yiketie, cold medicine Antiviral Oral Granule, External use skin medicine.

Executives

Yu Xiong	Directors, senior managers
Zhao Feng Guang	senior management
Qiu Qing Feng	Directors, senior managers
Tang Ling Zhi	senior management
Lin Nan Qi	Directors, senior managers
Cao Ping Wei	Director
Feng Yan Fang	Director
Zhong Shan	senior management
Yang Dong Yun	senior management
Peng Jin Hua	Supervisors
Xie You Guo	Supervisors
Guo Xiao Yun	Supervisors
Su Qing Wen	senior management

Joincare Pharmaceutical Group Industry Co (SHSE:600380) Headlines

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