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Topchoice Medical (SHSE:600763) Net Margin % : 24.45% (As of Mar. 2024)


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What is Topchoice Medical Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Topchoice Medical's Net Income for the three months ended in Mar. 2024 was ¥173 Mil. Topchoice Medical's Revenue for the three months ended in Mar. 2024 was ¥708 Mil. Therefore, Topchoice Medical's net margin for the quarter that ended in Mar. 2024 was 24.45%.

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

SHSE:600763' s Net Margin % Range Over the Past 10 Years
Min: 15.5   Med: 19.52   Max: 25.27
Current: 17.52


SHSE:600763's Net Margin % is ranked better than
90.66% of 653 companies
in the Healthcare Providers & Services industry
Industry Median: 1.53 vs SHSE:600763: 17.52

Topchoice Medical Net Margin % Historical Data

The historical data trend for Topchoice Medical'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.

Topchoice Medical Net Margin % Chart

Topchoice Medical 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 24.14 23.59 25.27 20.17 17.58

Topchoice Medical 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 25.05 19.68 25.22 -1.70 24.45

Competitive Comparison of Topchoice Medical's Net Margin %

For the Medical Care Facilities subindustry, Topchoice Medical'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.


Topchoice Medical's Net Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Topchoice Medical's Net Margin % distribution charts can be found below:

* The bar in red indicates where Topchoice Medical's Net Margin % falls into.



Topchoice Medical 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.

Topchoice Medical'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 )
=500.475/2846.508
=17.58 %

Topchoice Medical'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 )
=173.215/708.442
=24.45 %

* 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.


Topchoice Medical  (SHSE:600763) 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.


Topchoice Medical Net Margin % Related Terms

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Topchoice Medical (SHSE:600763) Business Description

Traded in Other Exchanges
N/A
Address
Lingxi North Road, Building 5, Hesheng Guomao, No. 21, Zhejiang Province, Hangzhou, CHN, 310013
Topchoice Medical Investment Co Inc is engaged in providing medical services. The company operates as an integrated medical platform and has a number of oral medical, health and reproductive medical institutions.

Topchoice Medical (SHSE:600763) Headlines

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