Highest Performances Holdings (Highest Performances Holdings) Net Margin % : -26.35% (As of Jun. 2023)

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What is Highest Performances Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Highest Performances Holdings's Net Income for the six months ended in Jun. 2023 was $-1.69 Mil. Highest Performances Holdings's Revenue for the six months ended in Jun. 2023 was $6.43 Mil. Therefore, Highest Performances Holdings's net margin for the quarter that ended in Jun. 2023 was -26.35%.

The historical rank and industry rank for Highest Performances Holdings's Net Margin % or its related term are showing as below:

HPH' s Net Margin % Range Over the Past 10 Years
Min: -38.21 Med: -24.25 Max: 38.96
Current: -38.21

HPH's Net Margin % is ranked worse than
90.66% of 1671 companies
in the Asset Management industry
Industry Median: 86.04 vs HPH: -38.21

Highest Performances Holdings Net Margin % Historical Data

The historical data trend for Highest Performances Holdings'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.

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Highest Performances Holdings Net Margin % Chart

Highest Performances Holdings Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Net Margin %

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26.34

-25.41

-24.25

-32.14

-38.08

Highest Performances Holdings Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Net Margin %	Get a 7-Day Free Trial								-30.36	-38.67	-24.55	-45.97	-26.35

Competitive Comparison of Highest Performances Holdings's Net Margin %

For the Asset Management subindustry, Highest Performances Holdings'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.

Highest Performances Holdings's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Highest Performances Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Highest Performances Holdings's Net Margin % falls into.

Highest Performances Holdings 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.

Highest Performances Holdings's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin	=	Net Income (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	-6.085	/	15.98
	=	-38.08 %

Highest Performances Holdings'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 )
	=	-1.693	/	6.425
	=	-26.35 %

Highest Performances Holdings (NAS:HPH) 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.

Highest Performances Holdings Net Margin % Related Terms

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Highest Performances Holdings (Highest Performances Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Highest Performances Holdings Inc (NAS:HPH) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 15 Zhujiang West Road, 42nd Floor, Pearl River Tower, Zhujiang New Town, Tianhe, Guangdong Province, Guangzhou, CHN

Website

https://www.puyiwm.com

Puyi Inc is the third-party wealth management services provider in China. The company provides wealth management services, corporate finance services and asset management services. It generates a majority of the revenue from wealth management services under which it distributes wealth management products both online and offline through its branch network. Products distributed online include publicly raised fund products, exchange administered products and asset management plans. Products distributed offline include privately raised fund products. In addition, the company also has a corporate finance services business, under which it provides corporate borrowers with financing solutions, including product design, identification of sources of funding, compliance and risk management.