Shengda Network Technology Profit margin
What is the Profit margin of Shengda Network Technology?
The Profit margin of Shengda Network Technology Inc. is -26.32%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Consumer Discretionary sector on OTC compared to Shengda Network Technology
What does Shengda Network Technology do?
Shengda Network Technology, Inc. provides portals for the sale of products offered by various manufacturers and merchants. It offers electronics, daily consumable products, food, and clothing. The company was formerly known as Soltrest Inc. Shengda Network Technology Inc. was incorporated in 2018 and is based in Jinhua, China.
Companies with profit margin similar to Shengda Network Technology
- Venturex Resources has Profit margin of -26.39%
- Toscana Income has Profit margin of -26.37%
- National Steel and Agro Industries has Profit margin of -26.37%
- Joonktollee Tea & Industries has Profit margin of -26.35%
- Bubs Australia has Profit margin of -26.34%
- 1st has Profit margin of -26.33%
- Shengda Network Technology has Profit margin of -26.32%
- LSL Property Services Plc has Profit margin of -26.31%
- Fastly Inc has Profit margin of -26.30%
- Blue Apron Inc has Profit margin of -26.28%
- Wai Hung has Profit margin of -26.25%
- Tobii AB (publ) has Profit margin of -26.25%
- Ujaas has Profit margin of -26.24%