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Autobio Diagnostics Co (SHSE:603658) Net Margin % : 29.77% (As of Mar. 2024)


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What is Autobio Diagnostics Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Autobio Diagnostics Co's Net Income for the three months ended in Mar. 2024 was ¥324 Mil. Autobio Diagnostics Co's Revenue for the three months ended in Mar. 2024 was ¥1,089 Mil. Therefore, Autobio Diagnostics Co's net margin for the quarter that ended in Mar. 2024 was 29.77%.

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

SHSE:603658' s Net Margin % Range Over the Past 10 Years
Min: 25.11   Med: 29.02   Max: 38.8
Current: 28.9


SHSE:603658's Net Margin % is ranked better than
95.09% of 815 companies
in the Medical Devices & Instruments industry
Industry Median: -1.45 vs SHSE:603658: 28.90

Autobio Diagnostics Co Net Margin % Historical Data

The historical data trend for Autobio Diagnostics 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.

Autobio Diagnostics Co Net Margin % Chart

Autobio Diagnostics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.89 25.11 25.85 26.28 27.40

Autobio Diagnostics 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 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 23.36 28.35 31.29 26.35 29.77

Competitive Comparison of Autobio Diagnostics Co's Net Margin %

For the Medical Devices subindustry, Autobio Diagnostics 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.


Autobio Diagnostics Co's Net Margin % Distribution in the Medical Devices & Instruments Industry

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

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



Autobio Diagnostics 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.

Autobio Diagnostics 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 )
=1217.439/4443.656
=27.40 %

Autobio Diagnostics 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 )
=324.212/1089.195
=29.77 %

* 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.


Autobio Diagnostics Co  (SHSE:603658) 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.


Autobio Diagnostics Co Net Margin % Related Terms

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Autobio Diagnostics Co (SHSE:603658) Business Description

Traded in Other Exchanges
N/A
Address
No.199, 15th Avenue, National Economic and Technological Development Area, Zhengzhou, CHN, 450016
Autobio Diagnostics Co Ltd is a clinical diagnostics company in China. It specializes in research and development, production, marketing and service of clinical diagnostic products, including immunoassay, microbiology and biochemical products. It focuses on the common development of both reagents and instruments. Reagents products include immunoassay, biochemistry, microbiology, and IVD subdivision areas, and instruments include both full automation and semi-automation instruments and systems. Geographically it holds a strong distribution network with thousands of distributors in the Chinese market.
Executives
Miao Yong Jun Director

Autobio Diagnostics Co (SHSE:603658) Headlines

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