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Farsoon Technologies Co (SHSE:688433) Net Margin % : 21.13% (As of Mar. 2024)


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What is Farsoon Technologies Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Farsoon Technologies Co's Net Income for the three months ended in Mar. 2024 was ¥26.3 Mil. Farsoon Technologies Co's Revenue for the three months ended in Mar. 2024 was ¥124.4 Mil. Therefore, Farsoon Technologies Co's net margin for the quarter that ended in Mar. 2024 was 21.13%.

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

SHSE:688433' s Net Margin % Range Over the Past 10 Years
Min: 11.58   Med: 21.64   Max: 35.14
Current: 21.75


SHSE:688433's Net Margin % is ranked better than
94.56% of 2962 companies
in the Industrial Products industry
Industry Median: 5.205 vs SHSE:688433: 21.75

Farsoon Technologies Co Net Margin % Historical Data

The historical data trend for Farsoon Technologies 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.

Farsoon Technologies Co Net Margin % Chart

Farsoon Technologies Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
11.58 18.85 35.14 21.72 21.64

Farsoon Technologies Co Quarterly Data
Dec19 Dec20 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 20.31 15.73 23.26 24.85 21.13

Competitive Comparison of Farsoon Technologies Co's Net Margin %

For the Specialty Industrial Machinery subindustry, Farsoon Technologies 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.


Farsoon Technologies Co's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Farsoon Technologies Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Farsoon Technologies Co's Net Margin % falls into.



Farsoon Technologies 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.

Farsoon Technologies Co'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 )
=131.161/606.04
=21.64 %

Farsoon Technologies Co'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 )
=26.279/124.375
=21.13 %

* 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.


Farsoon Technologies Co  (SHSE:688433) 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.


Farsoon Technologies Co Net Margin % Related Terms

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Farsoon Technologies Co (SHSE:688433) Business Description

Traded in Other Exchanges
N/A
Address
No. 181 Linyu Road, High-tech Development Zone, Hunan Province, Changsha, CHN, 410000
Farsoon Technologies Co Ltd provides industrial-grade metal additive manufacturing systems with different molding cylinder sizes and different laser configurations, auxiliary equipment and rich material processes to help users accelerate the industrialization of additive manufacturing.

Farsoon Technologies Co (SHSE:688433) Headlines

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