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Millionaire Property Fund (BKK:MIPF) Net Margin % : 61.87% (As of Mar. 2024)


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What is Millionaire Property Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Millionaire Property Fund's Net Income for the three months ended in Mar. 2024 was ฿35.4 Mil. Millionaire Property Fund's Revenue for the three months ended in Mar. 2024 was ฿57.2 Mil. Therefore, Millionaire Property Fund's net margin for the quarter that ended in Mar. 2024 was 61.87%.

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

BKK:MIPF' s Net Margin % Range Over the Past 10 Years
Min: 22   Med: 62.39   Max: 72.54
Current: 39.7


BKK:MIPF's Net Margin % is not ranked
in the REITs industry.
Industry Median: 31.845 vs BKK:MIPF: 39.70

Millionaire Property Fund Net Margin % Historical Data

The historical data trend for Millionaire Property Fund'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.

Millionaire Property Fund Net Margin % Chart

Millionaire Property Fund 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 47.01 61.46 22.00 51.74 38.37

Millionaire Property Fund 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 56.51 64.44 -31.56 65.22 61.87

Competitive Comparison of Millionaire Property Fund's Net Margin %

For the REIT - Office subindustry, Millionaire Property Fund'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.


Millionaire Property Fund's Net Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Millionaire Property Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Millionaire Property Fund's Net Margin % falls into.



Millionaire Property Fund 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.

Millionaire Property Fund'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 )
=89.279/232.654
=38.37 %

Millionaire Property Fund'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 )
=35.385/57.196
=61.87 %

* 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.


Millionaire Property Fund  (BKK:MIPF) 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.


Millionaire Property Fund Net Margin % Related Terms

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Millionaire Property Fund (BKK:MIPF) Business Description

Traded in Other Exchanges
N/A
Address
24 Rama 1 Road, Pathumwan, 989 Siam Piwat Tower, Floor 9, Pathumwan, Bangkok, THA, 10330
Millionaire Property Fund is a close-ended property fund with no maturity date. The objective of the company is to mobilize fund from sale of investment units to purchase and/or lease property and procure benefit from such property.

Millionaire Property Fund (BKK:MIPF) Headlines

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