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Hicon Network Technology (Shandong) Co (SZSE:301262) Net Margin % : 44.78% (As of Mar. 2024)


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What is Hicon Network Technology (Shandong) Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Hicon Network Technology (Shandong) Co's Net Income for the three months ended in Mar. 2024 was ¥109.0 Mil. Hicon Network Technology (Shandong) Co's Revenue for the three months ended in Mar. 2024 was ¥243.4 Mil. Therefore, Hicon Network Technology (Shandong) Co's net margin for the quarter that ended in Mar. 2024 was 44.78%.

The historical rank and industry rank for Hicon Network Technology (Shandong) Co's Net Margin % or its related term are showing as below:

SZSE:301262' s Net Margin % Range Over the Past 10 Years
Min: 34.52   Med: 41.32   Max: 45.2
Current: 41.45


SZSE:301262's Net Margin % is ranked better than
97.11% of 1038 companies
in the Media - Diversified industry
Industry Median: 1.52 vs SZSE:301262: 41.45

Hicon Network Technology (Shandong) Co Net Margin % Historical Data

The historical data trend for Hicon Network Technology (Shandong) 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.

Hicon Network Technology (Shandong) Co Net Margin % Chart

Hicon Network Technology (Shandong) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 42.03 41.50 45.20 40.55 41.32

Hicon Network Technology (Shandong) Co Quarterly Data
Dec17 Dec18 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 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 44.28 36.76 38.79 44.78 44.78

Competitive Comparison of Hicon Network Technology (Shandong) Co's Net Margin %

For the Broadcasting subindustry, Hicon Network Technology (Shandong) 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.


Hicon Network Technology (Shandong) Co's Net Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hicon Network Technology (Shandong) Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Hicon Network Technology (Shandong) Co's Net Margin % falls into.



Hicon Network Technology (Shandong) 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.

Hicon Network Technology (Shandong) 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 )
=410.028/992.274
=41.32 %

Hicon Network Technology (Shandong) 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 )
=108.979/243.365
=44.78 %

* 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.


Hicon Network Technology (Shandong) Co  (SZSE:301262) 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.


Hicon Network Technology (Shandong) Co Net Margin % Related Terms

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Hicon Network Technology (Shandong) Co (SZSE:301262) Business Description

Traded in Other Exchanges
N/A
Address
No. 18567, Jingshi Road, 6th Floor, New Radio and Television Center Building, Shandong Province, Jinan, CHN, 250062
Hicon Network Technology (Shandong) Co Ltd exclusively operate the operating business related to Shandong IPTV integrated broadcast control.

Hicon Network Technology (Shandong) Co (SZSE:301262) Headlines

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