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Ite Tech (TPE:3014) Net Margin % : 26.11% (As of Mar. 2024)


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What is Ite Tech Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Ite Tech's Net Income for the three months ended in Mar. 2024 was NT$395 Mil. Ite Tech's Revenue for the three months ended in Mar. 2024 was NT$1,512 Mil. Therefore, Ite Tech's net margin for the quarter that ended in Mar. 2024 was 26.11%.

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

TPE:3014' s Net Margin % Range Over the Past 10 Years
Min: 10.7   Med: 14.6   Max: 25.37
Current: 25.37


TPE:3014's Net Margin % is ranked better than
92.6% of 987 companies
in the Semiconductors industry
Industry Median: 4.7 vs TPE:3014: 25.37

Ite Tech Net Margin % Historical Data

The historical data trend for Ite Tech'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.

Ite Tech Net Margin % Chart

Ite Tech 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 14.72 19.42 25.14 23.36 25.30

Ite Tech Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 25.88 25.56 26.33 23.17 26.11

Competitive Comparison of Ite Tech's Net Margin %

For the Semiconductors subindustry, Ite Tech'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.


Ite Tech's Net Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Ite Tech's Net Margin % distribution charts can be found below:

* The bar in red indicates where Ite Tech's Net Margin % falls into.



Ite Tech 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.

Ite Tech'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 )
=1587.808/6276.443
=25.30 %

Ite Tech's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=394.852/1512.35
=26.11 %

* 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.


Ite Tech  (TPE:3014) 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.


Ite Tech Net Margin % Related Terms

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Ite Tech (TPE:3014) Business Description

Traded in Other Exchanges
N/A
Address
3F, No. 13, Innovation Road I, Hsinchu Science Park, Hsinchu, TWN, 30076
Ite Tech Inc is a fabless integrated circuit (IC) design house. The company principally engages in developing, manufacturing, and marketing of integrated circuits. Its product offerings include PC input/output (I/O) and KBC, digital TV controller, sensor hub/IOT, multimedia controller, and analog IC. Geographically, it operates in Taiwan, Asia, and Others, out of which the majority is from Taiwan.

Ite Tech (TPE:3014) Headlines

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