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Sansure Biotech (SHSE:688289) Net Margin % : 20.73% (As of Mar. 2024)


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What is Sansure Biotech Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Sansure Biotech's Net Income for the three months ended in Mar. 2024 was ¥81 Mil. Sansure Biotech's Revenue for the three months ended in Mar. 2024 was ¥391 Mil. Therefore, Sansure Biotech's net margin for the quarter that ended in Mar. 2024 was 20.73%.

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

SHSE:688289' s Net Margin % Range Over the Past 10 Years
Min: -4.74   Med: 30.03   Max: 54.94
Current: 31.98


SHSE:688289's Net Margin % is ranked better than
96.2% of 815 companies
in the Medical Devices & Instruments industry
Industry Median: -0.49 vs SHSE:688289: 31.98

Sansure Biotech Net Margin % Historical Data

The historical data trend for Sansure Biotech'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.

Sansure Biotech Net Margin % Chart

Sansure Biotech Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 10.80 54.94 49.68 30.03 36.11

Sansure Biotech 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 30.75 13.62 101.56 17.09 20.73

Competitive Comparison of Sansure Biotech's Net Margin %

For the Medical Instruments & Supplies subindustry, Sansure Biotech'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.


Sansure Biotech's Net Margin % Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Sansure Biotech's Net Margin % falls into.



Sansure Biotech 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.

Sansure Biotech'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 )
=363.721/1007.119
=36.11 %

Sansure Biotech'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 )
=81.025/390.947
=20.73 %

* 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.


Sansure Biotech  (SHSE:688289) 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.


Sansure Biotech Net Margin % Related Terms

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Sansure Biotech (SHSE:688289) Business Description

Traded in Other Exchanges
N/A
Address
No. 680, Lusong Road, Changsha High-tech Industrial Development Zone, Hunan Province, Changsha, CHN, 410205
Sansure Biotech Inc is engaged in production and sales of diagnostic reagents and instruments. The company produces Class I medical devices, Class II medical devices, Class III medical devices, general instruments and meters, medical raw materials, medical laboratory equipment and appliances, and medical accessories.

Sansure Biotech (SHSE:688289) Headlines

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