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Truking Technology (SZSE:300358) Net Margin % : -1.50% (As of Mar. 2024)


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What is Truking Technology Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Truking Technology's Net Income for the three months ended in Mar. 2024 was ¥-21 Mil. Truking Technology's Revenue for the three months ended in Mar. 2024 was ¥1,392 Mil. Therefore, Truking Technology's net margin for the quarter that ended in Mar. 2024 was -1.50%.

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

SZSE:300358' s Net Margin % Range Over the Past 10 Years
Min: 2.08   Med: 9.79   Max: 15.73
Current: 2.43


SZSE:300358's Net Margin % is ranked better than
55.96% of 822 companies
in the Medical Devices & Instruments industry
Industry Median: -1.34 vs SZSE:300358: 2.43

Truking Technology Net Margin % Historical Data

The historical data trend for Truking Technology'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.

Truking Technology Net Margin % Chart

Truking Technology 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 2.08 5.61 10.77 8.80 4.63

Truking Technology 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 8.59 7.41 1.14 1.73 -1.50

Competitive Comparison of Truking Technology's Net Margin %

For the Medical Instruments & Supplies subindustry, Truking Technology'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.


Truking Technology's Net Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Truking Technology's Net Margin % distribution charts can be found below:

* The bar in red indicates where Truking Technology's Net Margin % falls into.



Truking Technology 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.

Truking Technology'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 )
=317.076/6853.36
=4.63 %

Truking Technology'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 )
=-20.872/1392.03
=-1.50 %

* 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.


Truking Technology  (SZSE:300358) 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.


Truking Technology Net Margin % Related Terms

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Truking Technology (SZSE:300358) Business Description

Traded in Other Exchanges
N/A
Address
No 1 Xinkang Road, Ningxiang, Yutan Town, Hunan Province, Changsha, CHN, 410600
Truking Technology Ltd operates in the pharmaceutical and medical equipment industry. It develops, designs, manufactures, sells and provides services for aqueous pharmaceutical equipment. The company offers solutions for Fluid Processing System, Ampoule Injectable Products Production, Vial Injectable Products Production, Plastic Bottle Blow-Fill-Seal Production, Cartridge Production, and others. It sells its products in China, and also exports it to the other countries.
Executives
Ceng Fan Yun Directors, executives
Yang Wen Lu Director
Tang Yue Director
Zhou Fei Yue Directors, Directors, and Executives
Zheng Qi Ping Executives
Ceng He Qing Executives
Qiu Yong Mou Supervisors
Li Gang Executives
Zhou Jing Ying Executives
Liu Gui Lin Supervisors

Truking Technology (SZSE:300358) Headlines

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