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Huadong Medicine Co (SZSE:000963) Net Margin % : 8.28% (As of Mar. 2024)


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What is Huadong Medicine Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Huadong Medicine Co's Net Income for the three months ended in Mar. 2024 was ¥862 Mil. Huadong Medicine Co's Revenue for the three months ended in Mar. 2024 was ¥10,411 Mil. Therefore, Huadong Medicine Co's net margin for the quarter that ended in Mar. 2024 was 8.28%.

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

SZSE:000963' s Net Margin % Range Over the Past 10 Years
Min: 3.99   Med: 6.65   Max: 8.37
Current: 7.2


SZSE:000963's Net Margin % is ranked better than
62.35% of 1020 companies
in the Drug Manufacturers industry
Industry Median: 3.5 vs SZSE:000963: 7.20

Huadong Medicine Co Net Margin % Historical Data

The historical data trend for Huadong Medicine 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.

Huadong Medicine Co Net Margin % Chart

Huadong Medicine 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 7.94 8.37 6.66 6.63 6.99

Huadong Medicine 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 7.47 6.61 7.55 6.35 8.28

Competitive Comparison of Huadong Medicine Co's Net Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Huadong Medicine 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.


Huadong Medicine Co's Net Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Huadong Medicine Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Huadong Medicine Co's Net Margin % falls into.



Huadong Medicine 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.

Huadong Medicine 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 )
=2838.861/40623.783
=6.99 %

Huadong Medicine 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 )
=862.412/10410.809
=8.28 %

* 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.


Huadong Medicine Co  (SZSE:000963) 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.


Huadong Medicine Co Net Margin % Related Terms

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Huadong Medicine Co (SZSE:000963) Business Description

Traded in Other Exchanges
N/A
Address
468 Yan’an Road, Floor 7, 9 and 10, Gate No. 1, Building No. 1, Hangzhou, CHN, 310006
Huadong Medicine Co Ltd is engaged in the production and sales of antibiotics, proprietary Chinese medicine, chemical synthetic medicine and genetic engineering drugs products. It is also engaged in the wholesale, retail and distribution business of Chinese and western medicine, Chinese herbal medicine, medical apparatus, and instruments. The main business of the company is divided into pharmaceutical business sales and the industry of pharmaceutical. The product portfolio of the company includes Corbrin capsule, Cymusi, New Cyspin, Kasiping, Panlisu, Acarbose, and others.

Huadong Medicine Co (SZSE:000963) Headlines

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