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Net margin is calculated as Net Income divided by its Revenue. MGI Tech Co's Net Income for the
three
months ended in Mar. 2026 was ¥-105 Mil. MGI Tech Co's Revenue for the
three
months ended in Mar. 2026 was ¥585 Mil. Therefore, MGI Tech Co's net margin for the quarter that ended in Mar. 2026 was -17.97%.
The historical rank and industry rank for MGI Tech Co's Net Margin % or its related term are showing as below:
SHSE:688114'
s Net Margin % Range Over the Past 10 Years
Min: -22.34 Med: -5.2 Max: 47.9
Current: -5.46
SHSE:688114's Net Margin % is ranked worse than 60.34% of 817
companies
in the Medical Devices & Instruments industry
Industry Median: 2.13
vs SHSE:688114: -5.46
MGI Tech Co (SHSE:688114) 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.
MGI Tech Co Net Margin % Related Terms
MGI Tech Co Net Margin % Historical Data
* Premium members only.
The historical data trend for MGI Tech 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.
SHSE:688114 vs ABT, SYK, MDT: Net Margin % Comparison
For the Medical Devices subindustry, MGI Tech 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.
MGI Tech Co Net Margin % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, MGI Tech Co's Net Margin % distribution charts can be found below:
* The bar in red indicates where MGI Tech Co's Net Margin % falls into.
* 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.
MGI Tech Co (SHSE:688114) has a Net Margin % of -17.97% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on MGI Tech Co and its competitors. According to the industry distribution chart, MGI Tech Co ranks #493 out of 817 companies in the Medical Devices & Instruments industry, placing it in the top 60.3%.
Is MGI Tech Co's Net Margin % too high?
MGI Tech Co's current Net Margin % is -17.97%. Based on the distribution chart, MGI Tech Co ranks #493 out of 817 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, MGI Tech Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MGI Tech Co's Net Margin % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, MGI Tech Co ranks #493 out of 817 companies for Net Margin %. This places MGI Tech Co in the lower half of its industry. The industry median Net Margin % is 2.13. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Medical Devices & Instruments company?
The median Net Margin % among Medical Devices & Instruments companies is 2.13, based on 817 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on MGI Tech Co and its competitors. For the Medical Devices & Instruments industry, the median Net Margin % is 2.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGI Tech Co's current Net Margin % is -17.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGI Tech Co stock overvalued right now?
Based on GuruFocus' analysis, MGI Tech Co (SHSE:688114) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥66.44, compared to a current price of ¥47.11 — trading 29.1% below its estimated fair value. The current Net Margin % is -17.97%. MGI Tech Co's overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For MGI Tech Co (SHSE:688114), the current Net Margin % is -17.97% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is MGI Tech Co (SHSE:688114) Overvalued in 2026?
Based on GuruFocus' analysis, MGI Tech Co stock appears to be undervalued.
The current stock price of ¥47.11 is trading 29.1% below its estimated GF Value™ of ¥66.44.
GuruFocus considers MGI Tech Co to be Modestly Undervalued.
Key valuation signals for SHSE:688114:
Net Margin %: -17.97%
GF Value™: ¥66.44 vs. price of ¥47.11 (29.1% below fair value)
No single metric tells the full story. See the SHSE:688114 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MGI Tech Co Ltd is a producer of clinical high-throughput gene sequencers, and its multi-omics platforms include genetic sequencing, medical imaging, and laboratory automation. It provides real-time, panoramic, and full-life-cycle equipment and systems for precision medicine, precision agriculture, precision healthcare, and other relevant industries.
69GF Score
Get the complete analysis for SHSE:688114
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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