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Contec Medical Systems Co (SZSE:300869) Net Margin % : 4.39% (As of Mar. 2024)


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What is Contec Medical Systems Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Contec Medical Systems Co's Net Income for the three months ended in Mar. 2024 was ¥4.4 Mil. Contec Medical Systems Co's Revenue for the three months ended in Mar. 2024 was ¥99.2 Mil. Therefore, Contec Medical Systems Co's net margin for the quarter that ended in Mar. 2024 was 4.39%.

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

SZSE:300869' s Net Margin % Range Over the Past 10 Years
Min: 0.01   Med: 21.91   Max: 43.78
Current: 0.01


SZSE:300869's Net Margin % is ranked better than
51.46% of 822 companies
in the Medical Devices & Instruments industry
Industry Median: -1.34 vs SZSE:300869: 0.01

Contec Medical Systems Co Net Margin % Historical Data

The historical data trend for Contec Medical Systems 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.

Contec Medical Systems Co Net Margin % Chart

Contec Medical Systems Co 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 19.05 43.78 38.77 27.55 22.19

Contec Medical Systems Co 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 46.12 10.20 9.96 -22.64 4.39

Competitive Comparison of Contec Medical Systems Co's Net Margin %

For the Medical Devices subindustry, Contec Medical Systems 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.


Contec Medical Systems Co's Net Margin % Distribution in the Medical Devices & Instruments Industry

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

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



Contec Medical Systems 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.

Contec Medical Systems 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 )
=165.766/746.902
=22.19 %

Contec Medical Systems 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 )
=4.352/99.175
=4.39 %

* 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.


Contec Medical Systems Co  (SZSE:300869) 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.


Contec Medical Systems Co Net Margin % Related Terms

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Contec Medical Systems Co (SZSE:300869) Business Description

Traded in Other Exchanges
N/A
Address
No. 112, Qinhuang West Street, Economic and Technological Development Zone, Hebei Province, Qinhuangdao, CHN, 066004
Contec Medical Systems Co Ltd is engaged in research and development, production and sales of medical diagnosis and monitoring equipment. The company's products portfolio includes Blood pressure series; Blood oxygen series; Multi-parameter monitoring series; In Vitro Diagnostic Series; EEG series; Breathing sleep series; ECG series; Digital Image Series; Fetal Monitoring Series; Arteriosclerosis Series; Telemedicine and health management; and Home health products.
Executives
Xu Yun Long Executives
Zheng Min Directors, Directors, and Executives
Yang Zhi Shan Directors, executives
Wang Gui Li Director
Liu Zhen Hong Executives
Kou Guo Zhi Executives
Gao Rui Bin Supervisors
Fu Chun Yuan Executives

Contec Medical Systems Co (SZSE:300869) Headlines

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