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Angelalign Technology (HKSE:06699) Net Margin % : 2.46% (As of Dec. 2023)


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What is Angelalign Technology Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Angelalign Technology's Net Income for the six months ended in Dec. 2023 was HK$23 Mil. Angelalign Technology's Revenue for the six months ended in Dec. 2023 was HK$940 Mil. Therefore, Angelalign Technology's net margin for the quarter that ended in Dec. 2023 was 2.46%.

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

HKSE:06699' s Net Margin % Range Over the Past 10 Years
Min: 3.62   Med: 14.54   Max: 22.48
Current: 3.62


HKSE:06699's Net Margin % is ranked better than
58.27% of 822 companies
in the Medical Devices & Instruments industry
Industry Median: -1.2 vs HKSE:06699: 3.62

Angelalign Technology Net Margin % Historical Data

The historical data trend for Angelalign 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.

* Premium members only.

Angelalign Technology Net Margin % Chart

Angelalign Technology Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 10.66 18.45 22.48 16.84 3.62

Angelalign Technology Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.07 13.02 19.96 5.24 2.46

Competitive Comparison of Angelalign Technology's Net Margin %

For the Medical Instruments & Supplies subindustry, Angelalign 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.


Angelalign Technology's Net Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Angelalign Technology's Net Margin % distribution charts can be found below:

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



Angelalign 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.

Angelalign 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 )
=58.49/1614.377
=3.62 %

Angelalign 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 )
=23.152/940.25
=2.46 %

* 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.


Angelalign Technology  (HKSE:06699) 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.


Angelalign Technology Net Margin % Related Terms

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Angelalign Technology (HKSE:06699) Business Description

Traded in Other Exchanges
Address
No. 500 Zhengli Road, 6th Floor - 7th Floor, Building No. 7, KIC Business Center, Yangpu District, Shanghai, CHN
Angelalign Technology Inc is an investment holding company. It is principally engaged in clear aligner treatment solutions including treatment planning services, manufacturing, and marketing of clear aligners. The company provides dental professionals with self-developed digital orthodontics solutions. The company's Angelalign clear aligner system facilitates dental professionals throughout the entire clear aligner treatment process, including digitally-assisted case assessment support and treatment planning services, provide dental professionals with digitally-assisted case assessment support and treatment planning services, and helps dental professionals design, review and modify treatment plans.

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