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Shandong Weigao Orthopaedic Device Co Ltd
SSE:688161

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Shandong Weigao Orthopaedic Device Co Ltd
SSE:688161
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Price: 29.96 CNY 0.13% Market Closed
Market Cap: ¥12B

Net Margin

18.9%
Current
Improving
by 4.5%
vs 3-y average of 14.4%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
18.9%
=
Net Income
¥272.6m
/
Revenue
¥1.4B

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
18.9%
=
Net Income
¥272.6m
/
Revenue
¥1.4B

Peer Comparison

Country Company Market Cap Net
Margin
CN
Shandong Weigao Orthopaedic Device Co Ltd
SSE:688161
12B CNY
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US
Abbott Laboratories
NYSE:ABT
192B USD
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US
Intuitive Surgical Inc
NASDAQ:ISRG
174.6B USD
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US
Stryker Corp
NYSE:SYK
136.5B USD
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IE
Medtronic PLC
NYSE:MDT
131.8B USD
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US
Boston Scientific Corp
NYSE:BSX
112.1B USD
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US
Becton Dickinson and Co
NYSE:BDX
59.8B USD
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DE
Siemens Healthineers AG
XETRA:SHL
46.4B EUR
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US
IDEXX Laboratories Inc
NASDAQ:IDXX
51.6B USD
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US
Edwards Lifesciences Corp
NYSE:EW
45.4B USD
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US
Resmed Inc
NYSE:RMD
39.5B USD
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Market Distribution

Higher than 87% of companies in China
Percentile
87th
Based on 8 721 companies
87th percentile
18.9%
Low
-416 945.9% — -1.5%
Typical Range
-1.5% — 8.9%
High
8.9% — 17 382.1%
Distribution Statistics
China
Min -416 945.9%
30th Percentile -1.5%
Median 3.5%
70th Percentile 8.9%
Max 17 382.1%

Shandong Weigao Orthopaedic Device Co Ltd
Glance View

Market Cap
12B CNY
Industry
Health Care

Nestled in the bustling economic landscape of China, Shandong Weigao Orthopaedic Device Co Ltd has carved a respected niche for itself in the realm of medical equipment. The company, founded as a subsidiary of the larger Weigao Group, specializes in the design, production, and distribution of orthopedic devices. Its journey starts with an unwavering commitment to incorporating advanced technology into healthcare solutions. Shandong Weigao has honed its focus on spinal, trauma, and joint-related products, ensuring that its offerings meet international standards and cater to both domestic and global markets. Operating within an industry where precision and reliability are paramount, the company has leveraged a well-established network to distribute its products to hospitals, clinics, and healthcare facilities, thus embedding its roots deeply within the healthcare infrastructure. This thriving enterprise makes money by delivering value through its diverse product portfolio tailored to meet the complex and varied needs of orthopedic treatments. Its revenue model is centered around a combination of direct sales, strategic partnerships, and long-term contracts with healthcare providers. By engaging in continuous research and development, Shandong Weigao not only expands its product lines but also enhances existing solutions, ensuring they remain cutting-edge. This emphasis on innovation has enabled the company to maintain a competitive edge in a rapidly evolving market, positioning itself as a leader in China’s orthopedic device industry. Through strategic market penetration and an adept understanding of regulatory landscapes, Shandong Weigao Orthopaedic Device Co Ltd not only sustains its growth but also contributes significantly to the advancements in orthopedic healthcare.

Intrinsic Value
27.42 CNY
Overvaluation 8%
Intrinsic Value
Price
S
What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
18.9%
=
Net Income
¥272.6m
/
Revenue
¥1.4B
What is Shandong Weigao Orthopaedic Device Co Ltd's current Net Margin?

The current Net Margin for Shandong Weigao Orthopaedic Device Co Ltd is 18.9%, which is above its 3-year median of 14.4%.

How has Net Margin changed over time?

Over the last 3 years, Shandong Weigao Orthopaedic Device Co Ltd’s Net Margin has decreased from 33.2% to 18.9%. During this period, it reached a low of 4.3% on Mar 31, 2024 and a high of 33.2% on May 30, 2022.

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