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AVATEC Co (XKRX:149950) Net Margin % : 17.74% (As of Mar. 2024)


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What is AVATEC Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. AVATEC Co's Net Income for the three months ended in Mar. 2024 was ₩4,122 Mil. AVATEC Co's Revenue for the three months ended in Mar. 2024 was ₩23,234 Mil. Therefore, AVATEC Co's net margin for the quarter that ended in Mar. 2024 was 17.74%.

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

XKRX:149950' s Net Margin % Range Over the Past 10 Years
Min: -5.9   Med: 9.97   Max: 19.66
Current: 12.11


XKRX:149950's Net Margin % is ranked better than
84.42% of 2465 companies
in the Hardware industry
Industry Median: 2.7 vs XKRX:149950: 12.11

AVATEC Co Net Margin % Historical Data

The historical data trend for AVATEC 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.

AVATEC Co Net Margin % Chart

AVATEC 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 9.60 6.91 0.11 -5.90 6.34

AVATEC Co 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 -6.22 9.82 15.60 2.55 17.74

Competitive Comparison of AVATEC Co's Net Margin %

For the Electronic Components subindustry, AVATEC 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.


AVATEC Co's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AVATEC Co's Net Margin % distribution charts can be found below:

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



AVATEC 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.

AVATEC 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 )
=4800.903/75771.25
=6.34 %

AVATEC Co'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 )
=4121.796/23234.243
=17.74 %

* 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.


AVATEC Co  (XKRX:149950) 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.


AVATEC Co Net Margin % Related Terms

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AVATEC Co (XKRX:149950) Business Description

Traded in Other Exchanges
N/A
Address
100 Dalseodaero 85-gil, Dalseo-gu, Daegu, KOR, 704-240
AVATEC Co Ltd is engaged in manufacturing of electronic components and liquid crystal display components. It has etching/ITO coating, tempered glass, touch panel, and coating businesses. Its products include tempered glasses, thin film coating products, anti-reflection, and AF coating glass products, automotive window/room mirror coating; EMI filter glass products; high reflection mirrors, copy machines, and scanners or optics related components; and low emissivity glass products.

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