GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » WORK Medical Technology Group Ltd (NAS:WOK) » Definitions » Net Margin %

WOK (WORK Medical Technology Group) Net Margin % : -60.01% (As of Sep. 2024)


View and export this data going back to 2024. Start your Free Trial

What is WORK Medical Technology Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. WORK Medical Technology Group's Net Income for the six months ended in Sep. 2024 was $-3.72 Mil. WORK Medical Technology Group's Revenue for the six months ended in Sep. 2024 was $6.20 Mil. Therefore, WORK Medical Technology Group's net margin for the quarter that ended in Sep. 2024 was -60.01%.

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

WOK' s Net Margin % Range Over the Past 10 Years
Min: -30.35   Med: 2.22   Max: 12.99
Current: -30.35

WOK's Net Margin % is ranked worse than
67.98% of 815 companies
in the Medical Devices & Instruments industry
Industry Median: 0.52 vs WOK: -30.35

WORK Medical Technology Group Net Margin % Historical Data

The historical data trend for WORK Medical Technology 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.

WORK Medical Technology Group Net Margin % Chart

WORK Medical Technology Group Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24
Net Margin %
2.22 12.99 4.39 0.83 -30.35

WORK Medical Technology Group Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Net Margin % Get a 7-Day Free Trial Premium Member Only 4.27 16.38 -29.95 4.28 -60.01

Competitive Comparison of WORK Medical Technology Group's Net Margin %

For the Medical Devices subindustry, WORK Medical Technology 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.

WORK Medical Technology Group's Net Margin % Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where WORK Medical Technology Group's Net Margin % falls into.


;
;

WORK Medical Technology 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.

WORK Medical Technology Group's Net Margin for the fiscal year that ended in Sep. 2024 is calculated as

Net Margin=Net Income (A: Sep. 2024 )/Revenue (A: Sep. 2024 )
=-3.492/11.506
=-30.35 %

WORK Medical Technology Group's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-3.719/6.197
=-60.01 %

* 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.

WORK Medical Technology Group  (NAS:WOK) 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.

WORK Medical Technology Group Net Margin % Related Terms

Thank you for viewing the detailed overview of WORK Medical Technology Group's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

WORK Medical Technology Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » WORK Medical Technology Group Ltd (NAS:WOK) » Definitions » Net Margin %
Comparable Companies
NUMD AEMD SINT TNON AIMD GTHP FOFA NURO STME AMIX ABT BSX SYK MDT XTER:SHL EW SZSE:300760 DXCM XAMS:PHIA ZBH
Traded in Other Exchanges
N/A
Address
Floor 23, No. 2 Tonghuinan Road, Xiaoshan District, Zhejiang Province, Hangzhou, CHN
Website
https://www.workmedtech.com
WORK Medical Technology Group Ltd is engaged in manufacturing and selling medical consumables through its wholly owned subsidiaries in the People's Republic of China. The Company's main products include medical face masks, tourniquets, airways, breathing circuits, intubation accessories, anesthesia kits, oxygen masks, suction sets, laryngoscope blades, KN95 masks, and other disposable medical devices, as well as medical equipment.