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Zhejiang Orient Gene Biotech Co (SHSE:688298) Net Margin % : -46.18% (As of Sep. 2024)


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What is Zhejiang Orient Gene Biotech Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Zhejiang Orient Gene Biotech Co's Net Income for the three months ended in Sep. 2024 was ¥-110.5 Mil. Zhejiang Orient Gene Biotech Co's Revenue for the three months ended in Sep. 2024 was ¥239.4 Mil. Therefore, Zhejiang Orient Gene Biotech Co's net margin for the quarter that ended in Sep. 2024 was -46.18%.

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

SHSE:688298' s Net Margin % Range Over the Past 10 Years
Min: -71.14   Med: 22.61   Max: 51.37
Current: -71.14


SHSE:688298's Net Margin % is ranked worse than
75.37% of 820 companies
in the Medical Devices & Instruments industry
Industry Median: 0.29 vs SHSE:688298: -71.14

Zhejiang Orient Gene Biotech Co Net Margin % Historical Data

The historical data trend for Zhejiang Orient Gene Biotech 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.

Zhejiang Orient Gene Biotech Co Net Margin % Chart

Zhejiang Orient Gene Biotech Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 22.35 51.37 48.38 23.58 -48.48

Zhejiang Orient Gene Biotech Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -71.16 -193.59 -36.82 -35.81 -46.18

Competitive Comparison of Zhejiang Orient Gene Biotech Co's Net Margin %

For the Medical Devices subindustry, Zhejiang Orient Gene Biotech 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.


Zhejiang Orient Gene Biotech Co's Net Margin % Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Zhejiang Orient Gene Biotech Co's Net Margin % falls into.


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Zhejiang Orient Gene Biotech 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.

Zhejiang Orient Gene Biotech 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 )
=-397.584/820.157
=-48.48 %

Zhejiang Orient Gene Biotech Co's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-110.549/239.379
=-46.18 %

* 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.


Zhejiang Orient Gene Biotech Co  (SHSE:688298) 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.


Zhejiang Orient Gene Biotech Co Net Margin % Related Terms

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Zhejiang Orient Gene Biotech Co Business Description

Traded in Other Exchanges
N/A
Address
3787 East Section of Yangguang Avenue, Dipu Street, Anji County, Zhejiang Province, Huzhou, CHN, 313300
Zhejiang Orient Gene Biotech Co Ltd is engaged in production, research, development and sale of vitro diagnostic products. The company's products include Genetic diagnosis, Colloidal gold rapid diagnostic tests, Dry chemical strips (urinalysis), Bio-liquid diagnostic kits, Clinical test instruments, POCT time-resolved Fluor immunoassay Test kit (TRFI), and Raw materials.

Zhejiang Orient Gene Biotech Co Headlines

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