Flowing Cloud Technology (HKSE:06610) Net Margin % : 22.86% (As of Dec. 2023)

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What is Flowing Cloud Technology Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Flowing Cloud Technology's Net Income for the six months ended in Dec. 2023 was HK$161 Mil. Flowing Cloud Technology's Revenue for the six months ended in Dec. 2023 was HK$706 Mil. Therefore, Flowing Cloud Technology's net margin for the quarter that ended in Dec. 2023 was 22.86%.

The historical rank and industry rank for Flowing Cloud Technology's Net Margin % or its related term are showing as below:

HKSE:06610' s Net Margin % Range Over the Past 10 Years
Min: 11.79 Med: 17.39 Max: 22.21
Current: 21.21

HKSE:06610's Net Margin % is ranked better than
92.48% of 2767 companies
in the Software industry
Industry Median: 1.72 vs HKSE:06610: 21.21

Flowing Cloud Technology Net Margin % Historical Data

The historical data trend for Flowing Cloud Technology'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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Flowing Cloud Technology Net Margin % Chart

Flowing Cloud Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

16.69

17.39

11.79

22.21

21.20

Flowing Cloud Technology Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial			-	17.41	26.03	19.42	22.86

Competitive Comparison of Flowing Cloud Technology's Net Margin %

For the Software - Application subindustry, Flowing Cloud Technology'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.

Flowing Cloud Technology's Net Margin % Distribution in the Software Industry

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

* The bar in red indicates where Flowing Cloud Technology's Net Margin % falls into.

Flowing Cloud Technology 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.

Flowing Cloud Technology'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 )
	=	288.69	/	1361.452
	=	21.20 %

Flowing Cloud Technology'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 )
	=	161.463	/	706.326
	=	22.86 %

Flowing Cloud Technology (HKSE:06610) 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.

Flowing Cloud Technology Net Margin % Related Terms

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Flowing Cloud Technology (HKSE:06610) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Flowing Cloud Technology Ltd (HKSE:06610) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Guangqulu No. 3, Shop 8, Jingyuan Art Center, Chaoyang District, Beijing, CHN

Website

https://www.flowingcloud.com

Flowing Cloud Technology Ltd is a supplier of the Metaverse scene application tier in China. It is a leading smart marketing technology service provider in China. It uses AR/VR engine, AI behavior algorithm, cloud computing and other technical capabilities to empower the business development of enterprises in various vertical industries such as e-commerce, education, and cultural tourism.

Executives

Brainstorming Cafe Limited	2101 Beneficial owner
Cyber Warrior Holdings Limited	2201 Interest of corporation controlled by you
Lyh. Ltd.	2201 Interest of corporation controlled by you
Vistra Trust (singapore) Pte. Limited	2301 Trustee
Wanglei Co., Ltd.	2201 Interest of corporation controlled by you
Wang Lei	2201 Interest of corporation controlled by you
Feng Da Sha	2202 Interest of your spouse
Zhang Zi Mo	2202 Interest of your spouse
Li Yan Hao	2201 Interest of corporation controlled by you
Bei Jing Tong Chuang Zhi Ming Ke Ji He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Shan Dong Tong Chuang Xin Xing Zhi Lian Chuang Ye Tou Zi He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you

Flowing Cloud Technology (HKSE:06610) Headlines

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