GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Qingdao Topscomm Communication Inc (SHSE:603421) » Definitions » Net Margin %

Qingdao Topscomm Communication (SHSE:603421) Net Margin % : -22.35% (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Qingdao Topscomm Communication Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Qingdao Topscomm Communication's Net Income for the three months ended in Mar. 2024 was ¥-105 Mil. Qingdao Topscomm Communication's Revenue for the three months ended in Mar. 2024 was ¥468 Mil. Therefore, Qingdao Topscomm Communication's net margin for the quarter that ended in Mar. 2024 was -22.35%.

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

SHSE:603421' s Net Margin % Range Over the Past 10 Years
Min: 2.33   Med: 10.32   Max: 38.59
Current: 2.33


SHSE:603421's Net Margin % is ranked worse than
52.17% of 2465 companies
in the Hardware industry
Industry Median: 2.67 vs SHSE:603421: 2.33

Qingdao Topscomm Communication Net Margin % Historical Data

The historical data trend for Qingdao Topscomm Communication'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.

Qingdao Topscomm Communication Net Margin % Chart

Qingdao Topscomm Communication 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 8.95 8.61 5.55 3.81 3.61

Qingdao Topscomm Communication 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 -12.52 10.96 2.10 5.32 -22.35

Competitive Comparison of Qingdao Topscomm Communication's Net Margin %

For the Scientific & Technical Instruments subindustry, Qingdao Topscomm Communication'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.


Qingdao Topscomm Communication's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Qingdao Topscomm Communication's Net Margin % distribution charts can be found below:

* The bar in red indicates where Qingdao Topscomm Communication's Net Margin % falls into.



Qingdao Topscomm Communication 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.

Qingdao Topscomm Communication'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 )
=131.22/3632.703
=3.61 %

Qingdao Topscomm Communication'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 )
=-104.694/468.419
=-22.35 %

* 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.


Qingdao Topscomm Communication  (SHSE:603421) 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.


Qingdao Topscomm Communication Net Margin % Related Terms

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


Qingdao Topscomm Communication (SHSE:603421) Business Description

Traded in Other Exchanges
N/A
Address
No. 288 Ningxia Road, 5th Floor, No. 6 Building, Qingdao Software Park, Shinan District, Qingdao City, CHN, 266024
Qingdao Topscomm Communication Inc designs, researches and develops, manufactures, and sells smart products for electric power and fire protection in China. It also engages in the research and development of power line carrier communication chips and fieldbus communication chips. Its products include smart energy meters, such as smart prepayment and advanced metering infrastructure (AMI), power line carrier communication system; chips; terminal collecting device such as concentrator and state grid concentrator; and intelligent indoor terminal. It also provides AMI, prepayment vending, water/gas/heat and electricity meter AMR/AMI, distribution automation and management, and low and medium voltage PLC communication solutions.
Executives
Ge Jun Directors, senior managers
Zhou Li Min senior management
Fan Jian Hua Directors, senior managers
Xu Rui Supervisors
Bao Chun Xia senior management
Xu Guang Yi senior management

Qingdao Topscomm Communication (SHSE:603421) Headlines

No Headlines