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Chongqing Xishan Science and Technology Co (SHSE:688576) Net Margin % : 34.89% (As of Mar. 2024)


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What is Chongqing Xishan Science and Technology Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Chongqing Xishan Science and Technology Co's Net Income for the three months ended in Mar. 2024 was ¥25.9 Mil. Chongqing Xishan Science and Technology Co's Revenue for the three months ended in Mar. 2024 was ¥74.2 Mil. Therefore, Chongqing Xishan Science and Technology Co's net margin for the quarter that ended in Mar. 2024 was 34.89%.

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

SHSE:688576' s Net Margin % Range Over the Past 10 Years
Min: -65.7   Med: 11.14   Max: 32.53
Current: 32.46


SHSE:688576's Net Margin % is ranked better than
96.69% of 815 companies
in the Medical Devices & Instruments industry
Industry Median: -1.64 vs SHSE:688576: 32.46

Chongqing Xishan Science and Technology Co Net Margin % Historical Data

The historical data trend for Chongqing Xishan Science and 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.

Chongqing Xishan Science and Technology Co Net Margin % Chart

Chongqing Xishan Science and Technology Co Annual Data
Trend Dec13 Dec14 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial -65.70 11.14 29.41 28.73 32.53

Chongqing Xishan Science and Technology Co Quarterly Data
Dec13 Dec14 Dec19 Dec20 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 35.51 27.43 28.56 35.74 34.89

Competitive Comparison of Chongqing Xishan Science and Technology Co's Net Margin %

For the Medical Instruments & Supplies subindustry, Chongqing Xishan Science and 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.


Chongqing Xishan Science and Technology Co's Net Margin % Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Chongqing Xishan Science and Technology Co's Net Margin % falls into.



Chongqing Xishan Science and 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.

Chongqing Xishan Science and 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 )
=117.344/360.689
=32.53 %

Chongqing Xishan Science and 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 )
=25.883/74.188
=34.89 %

* 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.


Chongqing Xishan Science and Technology Co  (SHSE:688576) 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.


Chongqing Xishan Science and Technology Co Net Margin % Related Terms

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Chongqing Xishan Science and Technology Co (SHSE:688576) Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Middle Section of Huangshan Avenue, Jupiter Science and Technology Development Center, High-tech Park, North New District, Chongqing, CHN, 401121
Chongqing Xishan Science and Technology Co Ltd focuses on surgical instruments, especially in the field of minimally invasive surgical instruments. It is mainly engaged in the research, development, production and sales of minimally invasive surgical instruments. Speculum, energy surgery equipment and other products, currently the products are mainly used in neurosurgery, ENT, orthopedics, breast surgery and other clinical departments. The company's main products are surgical power units, consumables and accessories, which are mainly used for cutting, grinding, planing, sawing, milling and trimming of bone tissue and soft tissue in surgical operations, especially minimally invasive surgical operations.

Chongqing Xishan Science and Technology Co (SHSE:688576) Headlines

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