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Suzhou HYC Technology Co (SHSE:688001) Net Margin % : -12.22% (As of Mar. 2024)


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What is Suzhou HYC Technology Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Suzhou HYC Technology Co's Net Income for the three months ended in Mar. 2024 was ¥-34 Mil. Suzhou HYC Technology Co's Revenue for the three months ended in Mar. 2024 was ¥281 Mil. Therefore, Suzhou HYC Technology Co's net margin for the quarter that ended in Mar. 2024 was -12.22%.

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

SHSE:688001' s Net Margin % Range Over the Past 10 Years
Min: 10.01   Med: 15.43   Max: 34.94
Current: 10.01


SHSE:688001's Net Margin % is ranked better than
79.38% of 2464 companies
in the Hardware industry
Industry Median: 2.75 vs SHSE:688001: 10.01

Suzhou HYC Technology Co Net Margin % Historical Data

The historical data trend for Suzhou HYC Technology 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.

Suzhou HYC Technology Co Net Margin % Chart

Suzhou HYC Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 14.03 15.80 15.54 14.27 12.88

Suzhou HYC Technology 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 7.47 19.65 13.38 9.32 -12.22

Competitive Comparison of Suzhou HYC Technology Co's Net Margin %

For the Electronic Components subindustry, Suzhou HYC Technology 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.


Suzhou HYC Technology Co's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Suzhou HYC Technology Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Suzhou HYC Technology Co's Net Margin % falls into.



Suzhou HYC Technology 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.

Suzhou HYC Technology 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 )
=239.668/1861.042
=12.88 %

Suzhou HYC Technology 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 )
=-34.359/281.197
=-12.22 %

* 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.


Suzhou HYC Technology Co  (SHSE:688001) 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.


Suzhou HYC Technology Co Net Margin % Related Terms

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Suzhou HYC Technology Co (SHSE:688001) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Qingqiu Lane, Suzhou Industrial Park, Suzhou, CHN, 215000
Suzhou HYC Technology Co Ltd is a provider of industrial automatic test equipment and complete line system solutions. The test products are used in the manufacturers of LCD, flexible OLED, semiconductor, new energy automotive electronics and other industries.
Executives
Zhu Chen Director
Cheng Zhong senior management
Zhang Qian Director
Jiang Rui Xiang senior management

Suzhou HYC Technology Co (SHSE:688001) Headlines

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