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GLXG (Galaxy Payroll Group) Net Margin % : 22.39% (As of Jun. 2024)


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What is Galaxy Payroll Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Galaxy Payroll Group's Net Income for the six months ended in Jun. 2024 was $0.43 Mil. Galaxy Payroll Group's Revenue for the six months ended in Jun. 2024 was $1.93 Mil. Therefore, Galaxy Payroll Group's net margin for the quarter that ended in Jun. 2024 was 22.39%.

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

GLXG' s Net Margin % Range Over the Past 10 Years
Min: 18.28   Med: 28.25   Max: 48.08
Current: 18.28

GLXG's Net Margin % is ranked better than
89.27% of 1044 companies
in the Business Services industry
Industry Median: 4.15 vs GLXG: 18.28

Galaxy Payroll Group Net Margin % Historical Data

The historical data trend for Galaxy Payroll 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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Galaxy Payroll Group Net Margin % Chart

Galaxy Payroll Group Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Net Margin %
27.87 48.08 28.63 18.28

Galaxy Payroll Group Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Net Margin % Get a 7-Day Free Trial 47.25 21.97 35.19 14.14 22.39

Competitive Comparison of Galaxy Payroll Group's Net Margin %

For the Staffing & Employment Services subindustry, Galaxy Payroll 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.

Galaxy Payroll Group's Net Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Galaxy Payroll Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Galaxy Payroll Group's Net Margin % falls into.


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Galaxy Payroll 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.

Galaxy Payroll Group's Net Margin for the fiscal year that ended in Jun. 2024 is calculated as

Net Margin=Net Income (A: Jun. 2024 )/Revenue (A: Jun. 2024 )
=0.705/3.857
=18.28 %

Galaxy Payroll Group'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 )
=0.433/1.934
=22.39 %

* 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.

Galaxy Payroll Group  (NAS:GLXG) 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.

Galaxy Payroll Group Net Margin % Related Terms

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Galaxy Payroll Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Galaxy Payroll Group Ltd (NAS:GLXG) » Definitions » Net Margin %
Comparable Companies
RLBY IPDN STAF JOB NIXX HSON BGSF XAMS:RAND RHI XSWX:ADEN TNET TSE:2181 KFY NSP MAN TSE:6028 LSE:HAS SHSE:600861 TSE:9744 LSE:PAGE
Traded in Other Exchanges
N/A
Address
77 Wing Lok Street, 25th Floor, Ovest, Sheung Wan, Hong Kong, HKG
Website
https://www.galaxy-hk.com
Galaxy Payroll Group Ltd provides payroll outsourcing, employment, consultancy, and market research services based in Hong Kong. Its client base includes retail, trading, industrial, IT, financial, and professional services industries. Geographically, the company derives maximum revenue from its clients in the People's Republic of China and the rest from Hong Kong, Macau, Taiwan, Japan, Thailand, Singapore, and other countries.