Shanghai Conant Optical Co (HKSE:02276) Net Margin % : 18.14% (As of Dec. 2023)

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What is Shanghai Conant Optical Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Shanghai Conant Optical Co's Net Income for the six months ended in Dec. 2023 was HK$184 Mil. Shanghai Conant Optical Co's Revenue for the six months ended in Dec. 2023 was HK$1,016 Mil. Therefore, Shanghai Conant Optical Co's net margin for the quarter that ended in Dec. 2023 was 18.14%.

The historical rank and industry rank for Shanghai Conant Optical Co's Net Margin % or its related term are showing as below:

HKSE:02276' s Net Margin % Range Over the Past 10 Years
Min: 9.19 Med: 12.64 Max: 18.59
Current: 18.59

HKSE:02276's Net Margin % is ranked better than
86.8% of 818 companies
in the Medical Devices & Instruments industry
Industry Median: -1.34 vs HKSE:02276: 18.59

Shanghai Conant Optical Co Net Margin % Historical Data

The historical data trend for Shanghai Conant Optical 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.

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Shanghai Conant Optical Co Net Margin % Chart

Shanghai Conant Optical Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

Get a 7-Day Free Trial

10.57

11.75

13.53

15.92

18.58

Shanghai Conant Optical Co Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial				14.11	15.82	16.01	19.08	18.14

Competitive Comparison of Shanghai Conant Optical Co's Net Margin %

For the Medical Instruments & Supplies subindustry, Shanghai Conant Optical 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.

Shanghai Conant Optical Co's Net Margin % Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Shanghai Conant Optical Co's Net Margin % falls into.

Shanghai Conant Optical 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.

Shanghai Conant Optical 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 )
	=	357.69	/	1924.658
	=	18.58 %

Shanghai Conant Optical Co'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 )
	=	184.243	/	1015.557
	=	18.14 %

Shanghai Conant Optical Co (HKSE:02276) 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.

Shanghai Conant Optical Co Net Margin % Related Terms

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Shanghai Conant Optical Co (HKSE:02276) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shanghai Conant Optical Co Ltd (HKSE:02276) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 83, Hongxiang North Road, 1st Floor, Building 36, No. 1-42, Lin-gang Special Area, Pilot Free Trade Zone, Shanghai, CHN

Website

http://www.conantoptical.com.cn

Shanghai Conant Optical Co Ltd is a resin spectacle lens manufacturer in China. The company offers a wide range of resin spectacle lenses to its customers including standardized lenses and customized lenses. The products are mainly resin spectacle lenses with the refractive index of 1.499, 1.56, 1.60, 1.67, and 1.74. The spectacle lenses is also be tinted or coated or cast with various films or coatings for added functionality, such as polarised, photochromic, blue-ray blocking, anti-scratch, anti-reflection and anti-smudge.

Executives

Fei Zhengxiang

2101 Beneficial owner

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