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Sonoscape Medical (SZSE:300633) Net Margin % : 20.90% (As of Mar. 2024)


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What is Sonoscape Medical Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Sonoscape Medical's Net Income for the three months ended in Mar. 2024 was ¥100 Mil. Sonoscape Medical's Revenue for the three months ended in Mar. 2024 was ¥479 Mil. Therefore, Sonoscape Medical's net margin for the quarter that ended in Mar. 2024 was 20.90%.

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

SZSE:300633' s Net Margin % Range Over the Past 10 Years
Min: -3.98   Med: 18.67   Max: 21.43
Current: 19.57


SZSE:300633's Net Margin % is ranked better than
88.08% of 814 companies
in the Medical Devices & Instruments industry
Industry Median: -0.41 vs SZSE:300633: 19.57

Sonoscape Medical Net Margin % Historical Data

The historical data trend for Sonoscape Medical'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.

Sonoscape Medical Net Margin % Chart

Sonoscape Medical 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 8.10 -3.98 17.12 20.98 21.43

Sonoscape Medical 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 29.27 23.60 11.20 20.51 20.90

Competitive Comparison of Sonoscape Medical's Net Margin %

For the Medical Devices subindustry, Sonoscape Medical'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.


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

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

* The bar in red indicates where Sonoscape Medical's Net Margin % falls into.



Sonoscape Medical 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.

Sonoscape Medical'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 )
=454.437/2120.252
=21.43 %

Sonoscape Medical'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 )
=100.191/479.334
=20.90 %

* 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.


Sonoscape Medical  (SZSE:300633) 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.


Sonoscape Medical Net Margin % Related Terms

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Sonoscape Medical (SZSE:300633) Business Description

Traded in Other Exchanges
N/A
Address
Yuquan Road, 10th Floor,Yizhe Building, Nanshan District, Guangdong Province, Shenzhen, CHN, 518051
Sonoscape Medical Corp is a Chinese manufacturer of medical devices for ultrasound diagnostic systems and transducers. The company's product categories include Ultrasound, Endoscope which also includes video equipment, and Electrocardiography consisting of veterinary ECG and resting ECG. Ultrasound category covers color Doppler trolley systems, color Doppler HCU, B/W trolley systems, and probe, among others. The organization has a business presence in China and in other countries.

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