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Tiangong International Co (FRA:34T1) Net Margin % : 5.68% (As of Dec. 2023)


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What is Tiangong International Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Tiangong International Co's Net Income for the six months ended in Dec. 2023 was €19.5 Mil. Tiangong International Co's Revenue for the six months ended in Dec. 2023 was €342.5 Mil. Therefore, Tiangong International Co's net margin for the quarter that ended in Dec. 2023 was 5.68%.

The historical rank and industry rank for Tiangong International Co's Net Margin % or its related term are showing as below:

FRA:34T1' s Net Margin % Range Over the Past 10 Years
Min: 2.12   Med: 7.27   Max: 11.56
Current: 7.17


FRA:34T1's Net Margin % is ranked better than
75.67% of 600 companies
in the Steel industry
Industry Median: 2.64 vs FRA:34T1: 7.17

Tiangong International Co Net Margin % Historical Data

The historical data trend for Tiangong International Co's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tiangong International Co Net Margin % Chart

Tiangong International Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.36 10.29 11.56 9.94 7.17

Tiangong International Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.95 11.06 8.69 8.76 5.68

Competitive Comparison of Tiangong International Co's Net Margin %

For the Steel subindustry, Tiangong International Co's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tiangong International Co's Net Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tiangong International Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Tiangong International Co's Net Margin % falls into.



Tiangong International Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Tiangong International Co's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=47.545/663.112
=7.17 %

Tiangong International Co's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=19.458/342.503
=5.68 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tiangong International Co  (FRA:34T1) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Tiangong International Co Net Margin % Related Terms

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Tiangong International Co (FRA:34T1) Business Description

Traded in Other Exchanges
Address
Houxiang Town, Jiangsu Province, Danyang City, CHN, 212312
Tiangong International Co Ltd is engaged in the manufacturing and sales of high alloy steel, cutting tools, titanium alloy, trading of goods and others. The reportable segments of the company are, 1) The DS segment manufactures and sells materials that are used in the die set manufacturing industry. 2) The HSS segment manufactures and sells materials that are used in the tools manufacturing industry. 3) The cutting tools segment manufactures and sells HSS and carbide cutting tools to the tooling industry. 4) The titanium alloy segment manufactures and sells titanium alloys to the titanium industry. 5) The trading of goods segment sells general carbon steel products that are not within the Group's production scope. 6) Others segment assembles and sells power tools kits.

Tiangong International Co (FRA:34T1) Headlines

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