Cg Oncology(Cgon) Financials: Net Profit Margin Compared To Industry Average, Plus Other Key Ratios
Company Report for CGON
Report - net profit margin
This chart shows the historical trend of net profit margin for CGON compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Net Profit Margin
Definition: Net profit margin shows how much profit remains after paying all costs — including operating expenses, interest, and taxes — for every dollar of sales. A higher margin means the business is efficient and keeps more of its sales as bottom-line profit. Falling margins may signal rising costs or pricing pressure.
Interpretation:
• In '2021', CGON's net profit margin was -124.0%, measuring the overall profitability of the company. Industry average for nan in '2021' stood at -0.8%.
• In '2022', CGON's net profit margin was -18556.5%, measuring the overall profitability of the company. The decline from '2021' may indicate some operational or financial challenges. Industry average for nan in '2022' stood at -1.3%. Industry average declined by 0.5% from previous year.
• In '2023', CGON's net profit margin was -23827.0%, measuring the overall profitability of the company. The decline from '2022' may indicate some operational or financial challenges. Industry average for nan in '2023' stood at 13.4%. Industry average increased by 14.7% compared to previous year.
• In '2024', CGON's net profit margin was -7729.5%, measuring the overall profitability of the company. The increase since '2023' reflects strengthening financial performance. Industry average for nan in '2024' stood at 17.5%. Industry average increased by 4.1% compared to previous year.
Overall, CGON's net profit margin has been volatile but showed a downward trend over the past 4 years.
Formula: Net Profit Margin = Net Income / Revenue
Good Range: Ranges 5%-20% for many industries.