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HOB Biotech Group (SHSE:688656) Net Margin % : 13.80% (As of Jun. 2024)


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What is HOB Biotech Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. HOB Biotech Group's Net Income for the three months ended in Jun. 2024 was ¥16.2 Mil. HOB Biotech Group's Revenue for the three months ended in Jun. 2024 was ¥117.2 Mil. Therefore, HOB Biotech Group's net margin for the quarter that ended in Jun. 2024 was 13.80%.

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

SHSE:688656' s Net Margin % Range Over the Past 10 Years
Min: 3.88   Med: 17.26   Max: 27.13
Current: 11.25


SHSE:688656's Net Margin % is ranked better than
75.36% of 828 companies
in the Medical Devices & Instruments industry
Industry Median: -0.83 vs SHSE:688656: 11.25

HOB Biotech Group Net Margin % Historical Data

The historical data trend for HOB Biotech Group'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.

HOB Biotech Group Net Margin % Chart

HOB Biotech Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 24.64 25.52 27.13 13.00 12.00

HOB Biotech Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 14.59 15.57 9.23 4.45 13.80

Competitive Comparison of HOB Biotech Group's Net Margin %

For the Medical Devices subindustry, HOB Biotech Group'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.


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

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

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



HOB Biotech Group 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.

HOB Biotech Group'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 )
=47.331/394.406
=12.00 %

HOB Biotech Group's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=16.171/117.211
=13.80 %

* 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.


HOB Biotech Group  (SHSE:688656) 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.


HOB Biotech Group Net Margin % Related Terms

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HOB Biotech Group Business Description

Traded in Other Exchanges
N/A
Address
No. 218 Xinghu Road, Suzhou Industrial Park, C10 Building, Jiangsu, Suzhou, CHN, 215123
HOB Biotech Group Corp Ltd is an in vitro diagnostic company. The firm is specialized in providing diagnostic tools to laboratories and hospitals for the improvement of allergy and autoimmune disease patient care.

HOB Biotech Group Headlines

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