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Beijing Succeeder Technology (SHSE:688338) Net Margin % : 40.14% (As of Mar. 2024)


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What is Beijing Succeeder Technology Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Beijing Succeeder Technology's Net Income for the three months ended in Mar. 2024 was ¥30.4 Mil. Beijing Succeeder Technology's Revenue for the three months ended in Mar. 2024 was ¥75.8 Mil. Therefore, Beijing Succeeder Technology's net margin for the quarter that ended in Mar. 2024 was 40.14%.

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

SHSE:688338' s Net Margin % Range Over the Past 10 Years
Min: 18.73   Med: 31.03   Max: 45.5
Current: 42.44


SHSE:688338's Net Margin % is ranked better than
98.77% of 814 companies
in the Medical Devices & Instruments industry
Industry Median: -0.485 vs SHSE:688338: 42.44

Beijing Succeeder Technology Net Margin % Historical Data

The historical data trend for Beijing Succeeder Technology'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.

Beijing Succeeder Technology Net Margin % Chart

Beijing Succeeder Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 30.95 31.11 40.58 45.50 42.44

Beijing Succeeder Technology 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 39.81 45.03 43.96 40.85 40.14

Competitive Comparison of Beijing Succeeder Technology's Net Margin %

For the Medical Devices subindustry, Beijing Succeeder Technology'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.


Beijing Succeeder Technology's Net Margin % Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Beijing Succeeder Technology's Net Margin % falls into.



Beijing Succeeder Technology 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.

Beijing Succeeder Technology'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 )
=116.913/275.487
=42.44 %

Beijing Succeeder Technology'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 )
=30.43/75.819
=40.14 %

* 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.


Beijing Succeeder Technology  (SHSE:688338) 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.


Beijing Succeeder Technology Net Margin % Related Terms

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Beijing Succeeder Technology (SHSE:688338) Business Description

Traded in Other Exchanges
N/A
Address
Innovation Road, No. 1, Xingchang Road, Block 1A, No. 27, Science and Technology Park, 3rd Floor, Building 1, Changping District, East District, East District, Beijing, CHN, 102200
Beijing Succeeder Technology Inc is engaged in production and sales of detection instruments, reagents and consumables in the field of in vitro diagnosis of thrombosis and hemostasis. The company develops, manufactures and sells in-vitro diagnostic products including coagulation analyzers and reagents, blood rheology analyzers, ESR analyzers and platelet aggregation analyzers. Its product portfolio includes Fully Auto Coagulation Analyzer; Semi Auto Coagulation Analyzer; ESR Analyzer; Platelet Aggregation Analyzer; and Coagulation Reagents.

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