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Sino Biological (SZSE:301047) Net Margin % : 28.72% (As of Mar. 2024)


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What is Sino Biological Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Sino Biological's Net Income for the three months ended in Mar. 2024 was ¥43.8 Mil. Sino Biological's Revenue for the three months ended in Mar. 2024 was ¥152.3 Mil. Therefore, Sino Biological's net margin for the quarter that ended in Mar. 2024 was 28.72%.

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

SZSE:301047' s Net Margin % Range Over the Past 10 Years
Min: 12.91   Med: 40.24   Max: 74.59
Current: 34.32


SZSE:301047's Net Margin % is ranked better than
94.48% of 1033 companies
in the Biotechnology industry
Industry Median: -162.58 vs SZSE:301047: 34.32

Sino Biological Net Margin % Historical Data

The historical data trend for Sino Biological'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.

Sino Biological Net Margin % Chart

Sino Biological Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 20.14 70.64 74.59 52.72 40.24

Sino Biological Quarterly Data
Dec18 Jun19 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 53.28 38.41 37.86 32.25 28.72

Competitive Comparison of Sino Biological's Net Margin %

For the Biotechnology subindustry, Sino Biological'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.


Sino Biological's Net Margin % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Sino Biological's Net Margin % distribution charts can be found below:

* The bar in red indicates where Sino Biological's Net Margin % falls into.



Sino Biological 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.

Sino Biological'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 )
=260.132/646.389
=40.24 %

Sino Biological'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 )
=43.761/152.349
=28.72 %

* 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.


Sino Biological  (SZSE:301047) 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.


Sino Biological Net Margin % Related Terms

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Sino Biological (SZSE:301047) Business Description

Traded in Other Exchanges
N/A
Address
No. 18 Kechuang 10th Street, Room 306, Building 9, Beijing Economic and Technological Development Zon, Beijing, CHN, 100176
Sino Biological Inc is an international reagent supplier and service provider. The company specializes in recombinant protein production and antibody development. All of Sino Biological's products are independently developed and produced, including recombinant proteins, antibodies and cDNA clones.

Sino Biological (SZSE:301047) Headlines

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