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Hikari Heights-Varus Co (SSE:2137) Net Margin % : 1.77% (As of Dec. 2023)


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What is Hikari Heights-Varus Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Hikari Heights-Varus Co's Net Income for the three months ended in Dec. 2023 was 円14 Mil. Hikari Heights-Varus Co's Revenue for the three months ended in Dec. 2023 was 円770 Mil. Therefore, Hikari Heights-Varus Co's net margin for the quarter that ended in Dec. 2023 was 1.77%.

The historical rank and industry rank for Hikari Heights-Varus Co's Net Margin % or its related term are showing as below:

SSE:2137' s Net Margin % Range Over the Past 10 Years
Min: 1.48   Med: 5.46   Max: 16.53
Current: 1.66


SSE:2137's Net Margin % is ranked better than
50.15% of 652 companies
in the Healthcare Providers & Services industry
Industry Median: 1.64 vs SSE:2137: 1.66

Hikari Heights-Varus Co Net Margin % Historical Data

The historical data trend for Hikari Heights-Varus 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.

Hikari Heights-Varus Co Net Margin % Chart

Hikari Heights-Varus Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.05 3.43 3.23 2.37 1.48

Hikari Heights-Varus Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.42 0.35 0.22 4.27 1.77

Competitive Comparison of Hikari Heights-Varus Co's Net Margin %

For the Medical Care Facilities subindustry, Hikari Heights-Varus 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.


Hikari Heights-Varus Co's Net Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Hikari Heights-Varus Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Hikari Heights-Varus Co's Net Margin % falls into.



Hikari Heights-Varus 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.

Hikari Heights-Varus Co's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin=Net Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=45.132/3053.769
=1.48 %

Hikari Heights-Varus Co's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=13.591/769.902
=1.77 %

* 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.


Hikari Heights-Varus Co  (SSE:2137) 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.


Hikari Heights-Varus Co Net Margin % Related Terms

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Hikari Heights-Varus Co (SSE:2137) Business Description

Traded in Other Exchanges
N/A
Address
Southern 19th West 11th Street No. 1-15, Chuo-ku, Sapporo, JPN, 005-0013
Hikari Heights-Varus Co Ltd is a Japanese firm engaged in operating senior homes. It operates nursing homes for the elderly. The Company provides rooms for healthy elderly as well as ones requiring assisted living.

Hikari Heights-Varus Co (SSE:2137) Headlines

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