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Wuhan Raycus Fiber Laser Technologies Co (SZSE:300747) Net Margin % : 7.94% (As of Mar. 2024)


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What is Wuhan Raycus Fiber Laser Technologies Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Wuhan Raycus Fiber Laser Technologies Co's Net Income for the three months ended in Mar. 2024 was ¥64 Mil. Wuhan Raycus Fiber Laser Technologies Co's Revenue for the three months ended in Mar. 2024 was ¥801 Mil. Therefore, Wuhan Raycus Fiber Laser Technologies Co's net margin for the quarter that ended in Mar. 2024 was 7.94%.

The historical rank and industry rank for Wuhan Raycus Fiber Laser Technologies Co's Net Margin % or its related term are showing as below:

SZSE:300747' s Net Margin % Range Over the Past 10 Years
Min: 1.28   Med: 13.35   Max: 29.58
Current: 6.41


SZSE:300747's Net Margin % is ranked better than
68.09% of 2463 companies
in the Hardware industry
Industry Median: 2.67 vs SZSE:300747: 6.41

Wuhan Raycus Fiber Laser Technologies Co Net Margin % Historical Data

The historical data trend for Wuhan Raycus Fiber Laser Technologies 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.

Wuhan Raycus Fiber Laser Technologies Co Net Margin % Chart

Wuhan Raycus Fiber Laser Technologies 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 16.18 12.78 13.91 1.28 5.91

Wuhan Raycus Fiber Laser Technologies 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 5.61 6.77 7.60 4.12 7.94

Competitive Comparison of Wuhan Raycus Fiber Laser Technologies Co's Net Margin %

For the Scientific & Technical Instruments subindustry, Wuhan Raycus Fiber Laser Technologies 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.


Wuhan Raycus Fiber Laser Technologies Co's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wuhan Raycus Fiber Laser Technologies Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Wuhan Raycus Fiber Laser Technologies Co's Net Margin % falls into.



Wuhan Raycus Fiber Laser Technologies 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.

Wuhan Raycus Fiber Laser Technologies 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 )
=217.426/3679.716
=5.91 %

Wuhan Raycus Fiber Laser Technologies 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 )
=63.581/801.155
=7.94 %

* 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.


Wuhan Raycus Fiber Laser Technologies Co  (SZSE:300747) 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.


Wuhan Raycus Fiber Laser Technologies Co Net Margin % Related Terms

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Wuhan Raycus Fiber Laser Technologies Co (SZSE:300747) Business Description

Traded in Other Exchanges
N/A
Address
No. 999, Gaoxin Avenue, Donghu Development Zone, Hubei Province, Wuhan, CHN, 430073
Wuhan Raycus Fiber Laser Technologies Co Ltd is a China based company engaged in the business of research, development and scale production of high-power fiber lasers and core devices. The company's product portfolio includes short pulsed fiber laser, single module fiber laser, high-power multimode continuous laser, fiber-delivered direct diode laser and others.

Wuhan Raycus Fiber Laser Technologies Co (SZSE:300747) Headlines

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