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Mingteng International (Mingteng International) Net Margin % : 20.88% (As of Dec. 2023)


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What is Mingteng International Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Mingteng International's Net Income for the six months ended in Dec. 2023 was $0.94 Mil. Mingteng International's Revenue for the six months ended in Dec. 2023 was $4.52 Mil. Therefore, Mingteng International's net margin for the quarter that ended in Dec. 2023 was 20.88%.

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

MTEN' s Net Margin % Range Over the Past 10 Years
Min: 18.46   Med: 30.17   Max: 44.62
Current: 18.46


MTEN's Net Margin % is ranked better than
91.7% of 2975 companies
in the Industrial Products industry
Industry Median: 5.2 vs MTEN: 18.46

Mingteng International Net Margin % Historical Data

The historical data trend for Mingteng International'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.

Mingteng International Net Margin % Chart

Mingteng International Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Margin %
44.62 33.54 26.80 18.47

Mingteng International Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Margin % Get a 7-Day Free Trial 25.85 25.31 28.24 15.45 20.88

Competitive Comparison of Mingteng International's Net Margin %

For the Metal Fabrication subindustry, Mingteng International'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.


Mingteng International's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mingteng International's Net Margin % distribution charts can be found below:

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



Mingteng International 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.

Mingteng International'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 )
=1.507/8.158
=18.47 %

Mingteng International'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 )
=0.944/4.522
=20.88 %

* 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.


Mingteng International  (NAS:MTEN) 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.


Mingteng International Net Margin % Related Terms

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Mingteng International (Mingteng International) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Lvhua Village, Luoshe Town, Huishan District, Jiangsu Province, Wuxi, CHN, 214189
Website
Mingteng International Corp Inc operates as an automotive mold developer and supplier in China. It provides a wide range of products including casting molds for turbocharger systems, braking systems, steering and differential system, and other automotive system parts. Besides, it also produces molds for new energy electric vehicle motor drive systems, battery pack systems, and engineering hydraulic components, which are widely used in automobile, construction machinery, and other manufacturing industries.

Mingteng International (Mingteng International) Headlines