ACBAU (Ace Global Business Acquisition) Net Margin % : 0.00% (As of Dec. 2023)

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What is Ace Global Business Acquisition Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Ace Global Business Acquisition's Net Income for the three months ended in Dec. 2023 was $-0.02 Mil. Ace Global Business Acquisition's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Therefore, Ace Global Business Acquisition's net margin for the quarter that ended in Dec. 2023 was 0.00%.

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

ACBAU's Net Margin % is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 6.305
* Ranked among companies with meaningful Net Margin % only.

Ace Global Business Acquisition Net Margin % Historical Data

The historical data trend for Ace Global Business Acquisition'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.

Ace Global Business Acquisition Net Margin % Chart

Ace Global Business Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Net Margin %

Ace Global Business Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial								-	-	-	-	-

Competitive Comparison of Ace Global Business Acquisition's Net Margin %

For the Shell Companies subindustry, Ace Global Business Acquisition'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.

Ace Global Business Acquisition's Net Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Ace Global Business Acquisition's Net Margin % distribution charts can be found below:

* The bar in red indicates where Ace Global Business Acquisition's Net Margin % falls into.

Ace Global Business Acquisition 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.

Ace Global Business Acquisition'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 )
	=	-0.227	/	0
	=	%

Ace Global Business Acquisition'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 )
	=	-0.024	/	0
	=	%

Ace Global Business Acquisition (NAS:ACBAU) 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.

Ace Global Business Acquisition Net Margin % Related Terms

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Ace Global Business Acquisition Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Ace Global Business Acquisition Ltd (NAS:ACBAU) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tower 2, Lippo Centre, No. 89, Room. 806, 8th Floor, Queensway, Admiralty, Hong Kong, HKG

Website

Ace Global Business Acquisition Ltd is a newly organized blank check company.

Executives

Polar Asset Management Partners Inc.	10 percent owner	16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Yan Yannie Xu	director	6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000
Tan Nicholas Xue-wei	officer: Chief Financial Officer	6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000
Leslie Chow	director	6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000
Ace Global Investment Ltd	10 percent owner	6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000
Robert Yeung Morris	director	6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000
Eugene Tu Wong	director, officer: Chief Executive Officer	6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000