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Lichen China (Lichen China) Net Margin % : 29.29% (As of Dec. 2023)


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What is Lichen China Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Lichen China's Net Income for the six months ended in Dec. 2023 was $6.98 Mil. Lichen China's Revenue for the six months ended in Dec. 2023 was $23.83 Mil. Therefore, Lichen China's net margin for the quarter that ended in Dec. 2023 was 29.29%.

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

LICN' s Net Margin % Range Over the Past 10 Years
Min: 20.89   Med: 22.05   Max: 24.67
Current: 20.97


LICN's Net Margin % is ranked better than
91.05% of 1061 companies
in the Business Services industry
Industry Median: 3.89 vs LICN: 20.97

Lichen China Net Margin % Historical Data

The historical data trend for Lichen China'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.

Lichen China Net Margin % Chart

Lichen China Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Margin %
20.89 24.67 23.13 20.97

Lichen China Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Margin % Get a 7-Day Free Trial 20.73 26.82 19.75 8.52 29.29

Competitive Comparison of Lichen China's Net Margin %

For the Specialty Business Services subindustry, Lichen China'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.


Lichen China's Net Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Lichen China's Net Margin % distribution charts can be found below:

* The bar in red indicates where Lichen China's Net Margin % falls into.



Lichen China 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.

Lichen China'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 )
=8.338/39.759
=20.97 %

Lichen China'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 )
=6.981/23.833
=29.29 %

* 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.


Lichen China  (NAS:LICN) 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.


Lichen China Net Margin % Related Terms

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Lichen China (Lichen China) Business Description

Traded in Other Exchanges
N/A
Address
888 Century Avenue Meiling Street, Tower 3, Jinjiang Wanda Plaza Commercial Complex, B2306, Block B, Fujian Province, Jinjiang, CHN, 362000
Lichen China Ltd is a holding company. The company, along with its subsidiaries provides financial and taxation solution services; education support services; and software and maintenance services. The company generates Majority revenue from Financial and taxation solution services.