Ming Yuan Cloud Group Holdings (HKSE:00909) Net Margin % : -29.90% (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Ming Yuan Cloud Group Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Ming Yuan Cloud Group Holdings's Net Income for the six months ended in Dec. 2023 was HK$-287 Mil. Ming Yuan Cloud Group Holdings's Revenue for the six months ended in Dec. 2023 was HK$960 Mil. Therefore, Ming Yuan Cloud Group Holdings's net margin for the quarter that ended in Dec. 2023 was -29.90%.

The historical rank and industry rank for Ming Yuan Cloud Group Holdings's Net Margin % or its related term are showing as below:

HKSE:00909' s Net Margin % Range Over the Past 10 Years
Min: -63.54 Med: -15.75 Max: 17.21
Current: -35.72

HKSE:00909's Net Margin % is ranked worse than
79.93% of 2765 companies
in the Software industry
Industry Median: 1.78 vs HKSE:00909: -35.72

Ming Yuan Cloud Group Holdings Net Margin % Historical Data

The historical data trend for Ming Yuan Cloud Group Holdings'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.

Ming Yuan Cloud Group Holdings Net Margin % Chart

Ming Yuan Cloud Group Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

Get a 7-Day Free Trial

17.12

-41.31

-15.75

-63.54

-35.72

Ming Yuan Cloud Group Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial							-42.06	-63.72	-63.36	-42.41	-29.90

Competitive Comparison of Ming Yuan Cloud Group Holdings's Net Margin %

For the Software - Application subindustry, Ming Yuan Cloud Group Holdings'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.

Ming Yuan Cloud Group Holdings's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Ming Yuan Cloud Group Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Ming Yuan Cloud Group Holdings's Net Margin % falls into.

Ming Yuan Cloud Group Holdings 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.

Ming Yuan Cloud Group Holdings'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 )
	=	-640.554	/	1793.408
	=	-35.72 %

Ming Yuan Cloud Group Holdings'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 )
	=	-286.909	/	959.577
	=	-29.90 %

Ming Yuan Cloud Group Holdings (HKSE:00909) 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.

Ming Yuan Cloud Group Holdings Net Margin % Related Terms

Thank you for viewing the detailed overview of Ming Yuan Cloud Group Holdings's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Ming Yuan Cloud Group Holdings (HKSE:00909) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ming Yuan Cloud Group Holdings Ltd (HKSE:00909) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Gaoxin South 4th Road, 501-509, East Block, Nanshan District, Skyworth Semiconductor Design Building, Gaoxin Community, Yuehai Subdistrict, Shenzhen, CHN

Website

https://www.mingyuanyun.com

Ming Yuan Cloud Group Holdings Ltd is a provider of enterprise-grade ERP solutions and SaaS products to property developers and other industry participants along the real estate value chain in China. The company's ERP solutions and SaaS products enable property developers and other real estate industry participants such as construction materials suppliers and property asset management companies to streamline and digitalize their business operations. It generates maximum revenue from the SaaS products segment.

Ming Yuan Cloud Group Holdings (HKSE:00909) Headlines

No Headlines