Quectel Wireless Solutions made a net profit of CNY 358 mil with revenues of CNY 11,262 mil in 2021, up by 89.4% and up by 84.4%, respectively, compared to the previous year.
This translates into a net margin of 3.18%. Historically, between 2015 and 2021, the firm’s net margin reached a high of 8.68% in 2015 and a low of 3.10% in 2020. The average net margin in the last five years amounted to 4.29%.
On the operating level, the EBITDA margin reached 4.87% and EBIT amounted to 3.19% of sales in 2021.
You can see all the company’s data at Quectel Wireless Solutions profile, or you can download a report on the company in the report section.
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