In 2023, Topchoice Medical Co., Inc. had a net profit margin of around 20 percent, representing a further drop from the previous year. The decline in profit margins is mainly attributed to the new centralized procurement regime for dental implants in China's medical service. Topchoice Medical is one of the leading Chinese dental treatment providers and the first publicly listed company in the sector in the country.
Gross and net profit margins of Topchoice Medical Co., Inc. between 2016 and 2023
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Topchoice Medical. (April 26, 2024). Gross and net profit margins of Topchoice Medical Co., Inc. between 2016 and 2023 [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/1474923/tc-medical-gross-and-net-profit-margins/
Topchoice Medical. "Gross and net profit margins of Topchoice Medical Co., Inc. between 2016 and 2023." Chart. April 26, 2024. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/1474923/tc-medical-gross-and-net-profit-margins/
Topchoice Medical. (2024). Gross and net profit margins of Topchoice Medical Co., Inc. between 2016 and 2023. Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/1474923/tc-medical-gross-and-net-profit-margins/
Topchoice Medical. "Gross and Net Profit Margins of Topchoice Medical Co., Inc. between 2016 and 2023." Statista, Statista Inc., 26 Apr 2024, https://www.statista.com/statistics/1474923/tc-medical-gross-and-net-profit-margins/
Topchoice Medical, Gross and net profit margins of Topchoice Medical Co., Inc. between 2016 and 2023 Statista, https://www.statista.com/statistics/1474923/tc-medical-gross-and-net-profit-margins/ (last visited November 19, 2024)
Gross and net profit margins of Topchoice Medical Co., Inc. between 2016 and 2023 [Graph], Topchoice Medical, April 26, 2024. [Online]. Available: https://www.statista.com/statistics/1474923/tc-medical-gross-and-net-profit-margins/