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IVD Medical Holding (HKSE:01931) Net Margin % : 7.90% (As of Dec. 2023)


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What is IVD Medical Holding Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. IVD Medical Holding's Net Income for the six months ended in Dec. 2023 was HK$148 Mil. IVD Medical Holding's Revenue for the six months ended in Dec. 2023 was HK$1,872 Mil. Therefore, IVD Medical Holding's net margin for the quarter that ended in Dec. 2023 was 7.90%.

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

HKSE:01931' s Net Margin % Range Over the Past 10 Years
Min: 6.39   Med: 9.75   Max: 32.74
Current: 7.71


HKSE:01931's Net Margin % is ranked better than
81.63% of 98 companies
in the Medical Distribution industry
Industry Median: 1.235 vs HKSE:01931: 7.71

IVD Medical Holding Net Margin % Historical Data

The historical data trend for IVD Medical Holding'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.

IVD Medical Holding Net Margin % Chart

IVD Medical Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 11.79 6.54 6.39 7.64 7.71

IVD Medical Holding Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 6.20 6.90 8.20 7.48 7.90

Competitive Comparison of IVD Medical Holding's Net Margin %

For the Medical Distribution subindustry, IVD Medical Holding'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.


IVD Medical Holding's Net Margin % Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, IVD Medical Holding's Net Margin % distribution charts can be found below:

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



IVD Medical Holding 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.

IVD Medical Holding'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 )
=260.498/3378.012
=7.71 %

IVD Medical Holding'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 )
=147.829/1871.536
=7.90 %

* 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.


IVD Medical Holding  (HKSE:01931) 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.


IVD Medical Holding Net Margin % Related Terms

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IVD Medical Holding (HKSE:01931) Business Description

Traded in Other Exchanges
N/A
Address
Lane 299, Bisheng Road, Room 602, Building 6, Zhangjiang Hi-Tech Park, Pudong New Area District, Shanghai, CHN
IVD Medical Holding Ltd is principally engaged in the sale and manufacture of medical equipment and consumables and the provision of consultancy and maintenance services related to medical equipment. It has three segments. The distribution business, which is the key revenue driver, involves the trading of IVD analysers, reagents, and other consumables to customers such as distributors, hospitals and healthcare institutions, and logistics providers. The After-sales Services provided by Vastec include maintenance and repair services, installation services and end-customer training. Its Self-branded Products Business, distributes its self-developed IVD products under its own brand which includes IVD analysers and reagents under the IVD testing category of Point-of-care testing.

IVD Medical Holding (HKSE:01931) Headlines

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