Suzhou Agioe Technologies Co (SHSE:688450) Net Margin % : -138.05% (As of Mar. 2024)

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What is Suzhou Agioe Technologies Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Suzhou Agioe Technologies Co's Net Income for the three months ended in Mar. 2024 was ¥-12.1 Mil. Suzhou Agioe Technologies Co's Revenue for the three months ended in Mar. 2024 was ¥8.7 Mil. Therefore, Suzhou Agioe Technologies Co's net margin for the quarter that ended in Mar. 2024 was -138.05%.

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

SHSE:688450' s Net Margin % Range Over the Past 10 Years
Min: 14.25 Med: 18.08 Max: 23.6
Current: 15.47

SHSE:688450's Net Margin % is ranked better than
88.07% of 2975 companies
in the Industrial Products industry
Industry Median: 5.2 vs SHSE:688450: 15.47

Suzhou Agioe Technologies Co Net Margin % Historical Data

The historical data trend for Suzhou Agioe 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.

Suzhou Agioe Technologies Co Net Margin % Chart

Suzhou Agioe Technologies Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

14.25

18.08

23.60

22.98

15.42

Suzhou Agioe 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								-65.22	27.60	-13.84	25.84	-138.05

Competitive Comparison of Suzhou Agioe Technologies Co's Net Margin %

For the Specialty Industrial Machinery subindustry, Suzhou Agioe 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.

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

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

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

Suzhou Agioe 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.

Suzhou Agioe 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 )
	=	46.952	/	304.433
	=	15.42 %

Suzhou Agioe 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 )
	=	-12.053	/	8.731
	=	-138.05 %

Suzhou Agioe Technologies Co (SHSE:688450) 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.

Suzhou Agioe Technologies Co Net Margin % Related Terms

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Suzhou Agioe Technologies Co (SHSE:688450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Suzhou Agioe Technologies Co Ltd (SHSE:688450) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 270 Dongping Street, 3C, 3D, Aoyang Shunchang Building, Suzhou Industrial Park, Jiangsu, Suzhou, CHN, 215123

Website

http://www.agioe.com

Suzhou Agioe Technologies Co Ltd is a high-tech enterprise focusing on the research, development, production and sales of a new generation of optical fiber sensing network and asset digital operation and maintenance management system. The company has formed a series of products such as power facility asset monitoring operation and maintenance management system, submarine cable asset monitoring operation and maintenance management system, and integrated pipeline asset monitoring operation and maintenance management system, which are widely used in power grids, offshore wind power, integrated pipelines, petroleum and petrochemical and other important areas of the national economy.

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