Cryofocus Medtech (Shanghai) Co (HKSE:06922) Net Margin %

: -229.47% (As of Jun. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Cryofocus Medtech (Shanghai) Co's Net Income for the six months ended in Jun. 2023 was HK$-47.47 Mil. Cryofocus Medtech (Shanghai) Co's Revenue for the six months ended in Jun. 2023 was HK$20.69 Mil. Therefore, Cryofocus Medtech (Shanghai) Co's net margin for the quarter that ended in Jun. 2023 was -229.47%.

The historical rank and industry rank for Cryofocus Medtech (Shanghai) Co's Net Margin % or its related term are showing as below:

HKSE:06922' s Net Margin % Range Over the Past 10 Years
Min: -1514.07 Med: -454.26 Max: -238.06
Current: -238.06

HKSE:06922's Net Margin % is ranked worse than
84.11% of 818 companies
in the Medical Devices & Instruments industry
Industry Median: 0.045 vs HKSE:06922: -238.06

Cryofocus Medtech (Shanghai) Co Net Margin % Historical Data

The historical data trend for Cryofocus Medtech (Shanghai) 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.

Cryofocus Medtech (Shanghai) Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Net Margin %

-1,514.07

-454.26

-413.35

-238.06

Cryofocus Medtech (Shanghai) Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %		-	-414.30	-412.77	-229.47	-245.43

Competitive Comparison

For the Medical Devices subindustry, Cryofocus Medtech (Shanghai) 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.

Cryofocus Medtech (Shanghai) Co Net Margin % Distribution

For the Medical Devices & Instruments industry and Healthcare sector, Cryofocus Medtech (Shanghai) Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Cryofocus Medtech (Shanghai) Co's Net Margin % falls into.

Cryofocus Medtech (Shanghai) 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.

Cryofocus Medtech (Shanghai) Co's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin	=	Net Income (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	-125.32	/	30.318
	=	-413.35 %

Cryofocus Medtech (Shanghai) Co's Net Margin for the quarter that ended in Jun. 2023 is calculated as

Net Margin	=	Net Income (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	-47.472	/	20.688
	=	-229.47 %

Cryofocus Medtech (Shanghai) Co (HKSE:06922) 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.

Cryofocus Medtech (Shanghai) Co Net Margin % Related Terms

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Cryofocus Medtech (Shanghai) Co (HKSE:06922) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Cryofocus Medtech (Shanghai) Co Ltd (HKSE:06922) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building 15, Lane 3399, Kangxin Road, Pudong New Area, Shanghai, CHN, 200120

Website

https://www.cryofocus.com

Cryofocus Medtech (Shanghai) Co Ltd is a medical device company engaged in the research and development, manufacture and sale of cryoablation minimally-invasive interventional treatment technology and related medical products. It has two Core Products, the Bladder Cryoablation System and the Endoscopic Clip for Anastomosis. The Bladder Cryoablation System is a cryotherapy device designed for the treatment of bladder cancer. The Endoscopic Clip for Anastomosis is an anastomotic device for the closure of soft tissue in the digestive tract, which is one of the over-the-scope clips. Geographically company's key revenue is generated from China.

Cryofocus Medtech (Shanghai) Co (HKSE:06922) Headlines

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