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ABLV (Able View Global) Net Margin % : -10.10% (As of Jun. 2024)


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What is Able View Global Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Able View Global's Net Income for the six months ended in Jun. 2024 was $-6.3 Mil. Able View Global's Revenue for the six months ended in Jun. 2024 was $62.8 Mil. Therefore, Able View Global's net margin for the quarter that ended in Jun. 2024 was -10.10%.

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

ABLV' s Net Margin % Range Over the Past 10 Years
Min: -1.72   Med: 6.98   Max: 8.34
Current: -1.72

ABLV's Net Margin % is ranked worse than
58.09% of 1026 companies
in the Media - Diversified industry
Industry Median: 0.8 vs ABLV: -1.72

Able View Global Net Margin % Historical Data

The historical data trend for Able View Global'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.

Able View Global Net Margin % Chart

Able View Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Margin %
8.34 7.41 5.44 6.54

Able View Global Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Net Margin % Get a 7-Day Free Trial 6.42 4.73 6.92 6.09 -10.10

Competitive Comparison of Able View Global's Net Margin %

For the Advertising Agencies subindustry, Able View Global'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.

Able View Global's Net Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Able View Global's Net Margin % distribution charts can be found below:

* The bar in red indicates where Able View Global's Net Margin % falls into.


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Able View Global 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.

Able View Global'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 )
=9.75/149
=6.54 %

Able View Global's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=-6.336/62.751
=-10.10 %

* 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.

Able View Global  (NAS:ABLV) 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.

Able View Global Net Margin % Related Terms

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Able View Global Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Able View Global Inc (NAS:ABLV) » Definitions » Net Margin %
Comparable Companies
FLNT MOBQ TZUP ACCS CNFN MCHX SWAG QMMM CHR DRCT XPAR:PUB OMC SZSE:002027 IPG LSE:WPP TSE:4324 TSE:4751 XPAR:DEC SZSE:002131 SZSE:300058
Traded in Other Exchanges
N/A
Address
No. 168, Middle Xizang Road, Floor 16, Dushi Headquarters Building, Shanghai, CHN, 200001
Website
https://www.ableview.com
Able View Global Inc operates as a brand management partner of international beauty and personal care brands in China. It provides full-service solutions covering marketing plan, branding, digital and social marketing, omni-channel sales, customer service, overseas logistics, warehouse, and fulfillment. The firm generates revenue from product sales by distributing and selling cross-border products from various brand owners to Chinese consumers.