Fly-E Group (Fly-E Group) Net Margin % : 0.28% (As of Dec. 2023)

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What is Fly-E Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Fly-E Group's Net Income for the three months ended in Dec. 2023 was $0.02 Mil. Fly-E Group's Revenue for the three months ended in Dec. 2023 was $7.43 Mil. Therefore, Fly-E Group's net margin for the quarter that ended in Dec. 2023 was 0.28%.

The historical rank and industry rank for Fly-E Group's Net Margin % or its related term are showing as below:

FLYE' s Net Margin % Range Over the Past 10 Years
Min: 2.37 Med: 4.35 Max: 6.33
Current: 4.24

FLYE's Net Margin % is ranked better than
56.59% of 1290 companies
in the Vehicles & Parts industry
Industry Median: 3.405 vs FLYE: 4.24

Fly-E Group Net Margin % Historical Data

The historical data trend for Fly-E Group'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.

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Fly-E Group Net Margin % Chart

Fly-E Group Annual Data

Trend

Mar22

Mar23

Net Margin %

2.37

6.33

Fly-E Group Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial			7.64	0.66	5.61	8.52	0.28

Competitive Comparison of Fly-E Group's Net Margin %

For the Auto Manufacturers subindustry, Fly-E Group'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.

Fly-E Group's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Fly-E Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Fly-E Group's Net Margin % falls into.

Fly-E Group 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.

Fly-E Group's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin	=	Net Income (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	1.379	/	21.775
	=	6.33 %

Fly-E Group'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 )
	=	0.021	/	7.428
	=	0.28 %

Fly-E Group (NAS:FLYE) 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.

Fly-E Group Net Margin % Related Terms

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Fly-E Group (Fly-E Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Fly-E Group Inc (NAS:FLYE) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

Fly-E Group Inc is an electric vehicle company that is principally engaged in designing, installing and selling smart electric motorcycles, electric bikes, electric scooters and related accessories under the brand Fly E-Bike. They also provide connectivity solutions and value-added services to their customers.

Fly-E Group (Fly-E Group) Headlines

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