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Beijing Wandong Medical Technology Co (SHSE:600055) Net Margin % : 10.78% (As of Mar. 2024)


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What is Beijing Wandong Medical Technology Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Beijing Wandong Medical Technology Co's Net Income for the three months ended in Mar. 2024 was ¥33 Mil. Beijing Wandong Medical Technology Co's Revenue for the three months ended in Mar. 2024 was ¥308 Mil. Therefore, Beijing Wandong Medical Technology Co's net margin for the quarter that ended in Mar. 2024 was 10.78%.

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

SHSE:600055' s Net Margin % Range Over the Past 10 Years
Min: 3.47   Med: 15.45   Max: 19.5
Current: 14.83


SHSE:600055's Net Margin % is ranked better than
81.66% of 818 companies
in the Medical Devices & Instruments industry
Industry Median: -1.045 vs SHSE:600055: 14.83

Beijing Wandong Medical Technology Co Net Margin % Historical Data

The historical data trend for Beijing Wandong Medical Technology 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.

* Premium members only.

Beijing Wandong Medical Technology Co Net Margin % Chart

Beijing Wandong Medical Technology Co 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 17.19 19.50 15.84 15.64 15.25

Beijing Wandong Medical Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.93 13.44 13.32 21.99 10.78

Competitive Comparison of Beijing Wandong Medical Technology Co's Net Margin %

For the Medical Devices subindustry, Beijing Wandong Medical Technology 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.


Beijing Wandong Medical Technology Co's Net Margin % Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Beijing Wandong Medical Technology Co's Net Margin % falls into.



Beijing Wandong Medical Technology 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.

Beijing Wandong Medical Technology 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 )
=188.538/1236.67
=15.25 %

Beijing Wandong Medical Technology Co's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=33.257/308.495
=10.78 %

* 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.


Beijing Wandong Medical Technology Co  (SHSE:600055) 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.


Beijing Wandong Medical Technology Co Net Margin % Related Terms

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Beijing Wandong Medical Technology Co (SHSE:600055) Business Description

Traded in Other Exchanges
N/A
Address
Jiuxianqiao East Road, 9th Floor, Building 3, Chaoyang District, Beijing, CHN, 100015
Beijing Wandong Medical Technology Co Ltd is engaged in the development, manufacture, and distribution of medical equipment. Its products consist of radiological imaging equipment, including angiographic and cardiac systems, digital direct radiography (DR) imaging equipment, high frequency diagnostic systems, high frequency radiographic systems, conventional x-ray diagnostic equipment and high frequency mobile units, magnetic resonance imaging (MRI) equipment, as well as digital medical image management systems, among others. The company is also engaged in providing maintenance services.
Executives
Zhang Dan Shi Supervisors
Yang Li senior management
Gao En Yi senior management
Liu Hai Chen senior management
Jiang Da Director
Wu Guang Ming Director
Wang Wan Liang Director
Xu Jia Ju Director

Beijing Wandong Medical Technology Co (SHSE:600055) Headlines

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