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Shenzhen Weiguang Biological Products Co (SZSE:002880) Net Margin % : 20.69% (As of Mar. 2024)


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What is Shenzhen Weiguang Biological Products Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Shenzhen Weiguang Biological Products Co's Net Income for the three months ended in Mar. 2024 was ¥47 Mil. Shenzhen Weiguang Biological Products Co's Revenue for the three months ended in Mar. 2024 was ¥226 Mil. Therefore, Shenzhen Weiguang Biological Products Co's net margin for the quarter that ended in Mar. 2024 was 20.69%.

The historical rank and industry rank for Shenzhen Weiguang Biological Products Co's Net Margin % or its related term are showing as below:

SZSE:002880' s Net Margin % Range Over the Past 10 Years
Min: 17.59   Med: 22.43   Max: 27.07
Current: 20.61


SZSE:002880's Net Margin % is ranked better than
89.52% of 1021 companies
in the Drug Manufacturers industry
Industry Median: 3.25 vs SZSE:002880: 20.61

Shenzhen Weiguang Biological Products Co Net Margin % Historical Data

The historical data trend for Shenzhen Weiguang Biological Products 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.

Shenzhen Weiguang Biological Products Co Net Margin % Chart

Shenzhen Weiguang Biological Products Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.86 21.05 22.64 17.59 20.85

Shenzhen Weiguang Biological Products Co 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 21.93 22.24 18.05 21.53 20.69

Competitive Comparison of Shenzhen Weiguang Biological Products Co's Net Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Shenzhen Weiguang Biological Products 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.


Shenzhen Weiguang Biological Products Co's Net Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Shenzhen Weiguang Biological Products Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Shenzhen Weiguang Biological Products Co's Net Margin % falls into.



Shenzhen Weiguang Biological Products 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.

Shenzhen Weiguang Biological Products 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 )
=218.651/1048.503
=20.85 %

Shenzhen Weiguang Biological Products 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 )
=46.832/226.302
=20.69 %

* 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.


Shenzhen Weiguang Biological Products Co  (SZSE:002880) 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.


Shenzhen Weiguang Biological Products Co Net Margin % Related Terms

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Shenzhen Weiguang Biological Products Co (SZSE:002880) Business Description

Traded in Other Exchanges
N/A
Address
Guangming Street, No. 3402, Guangqiao Avenue, Guangming New District, Guangdong Province, Guangming, CHN, 518107
Shenzhen Weiguang Biological Products Co Ltd is the pharmaceutical company. It is mainly engaged in the research and development, production and sales of blood products. The company's products portfolio includes human albumin, intravenous immunoglobulin (pH4), lyophilized human immunoglobulin (pH4), human immunoglobulin, hepatitis B human immunoglobulin, rabies immunoglobulin, tetanus Human immunoglobulin, histamine human immunoglobulin, human fibrinogen, a total of 21 varieties of 21 specifications.

Shenzhen Weiguang Biological Products Co (SZSE:002880) Headlines

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