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Far East Horizon (HKSE:03360) Net Margin % : 16.15% (As of Dec. 2023)


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What is Far East Horizon Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Far East Horizon's Net Income for the six months ended in Dec. 2023 was HK$3,461 Mil. Far East Horizon's Revenue for the six months ended in Dec. 2023 was HK$21,436 Mil. Therefore, Far East Horizon's net margin for the quarter that ended in Dec. 2023 was 16.15%.

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

HKSE:03360' s Net Margin % Range Over the Past 10 Years
Min: 16.6   Med: 18.03   Max: 23.18
Current: 16.6


HKSE:03360's Net Margin % is ranked better than
52.68% of 522 companies
in the Credit Services industry
Industry Median: 14.955 vs HKSE:03360: 16.60

Far East Horizon Net Margin % Historical Data

The historical data trend for Far East Horizon'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.

Far East Horizon Net Margin % Chart

Far East Horizon 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 18.06 17.32 18.00 17.43 16.60

Far East Horizon Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.91 16.81 18.02 17.08 16.15

Competitive Comparison of Far East Horizon's Net Margin %

For the Credit Services subindustry, Far East Horizon'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.


Far East Horizon's Net Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Far East Horizon's Net Margin % distribution charts can be found below:

* The bar in red indicates where Far East Horizon's Net Margin % falls into.



Far East Horizon 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.

Far East Horizon'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 )
=6890.66/41519.626
=16.60 %

Far East Horizon'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 )
=3460.943/21435.869
=16.15 %

* 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.


Far East Horizon  (HKSE:03360) 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.


Far East Horizon Net Margin % Related Terms

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Far East Horizon (HKSE:03360) Business Description

Traded in Other Exchanges
Address
1 Austin Road West, Unit 6608, 66th Floor, International Commerce Centre, Kowloon, Hong Kong, HKG
Far East Horizon Ltd is a specialty finance provider. Its services entail integrated finance, investment, trade, advisory and engineering services in healthcare, infrastructure construction, electronic information, packaging, transportation and other sectors. The company operates in two segments. The Financial, lease, and advisory business is the highest revenue-generating segment for the company that deals with the provision of direct finance leasing, sale-leaseback, factoring, entrusted loans, and advisory services. The industrial operation and management business segment deals with the import and export trade and domestic trade of medical equipment, the provision of trade agency services, medical engineering, hospital and healthcare management, and ship brokerage services.

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