Chenghe Acquisition I Co (Chenghe Acquisition I Co) Net Margin % : 0.00% (As of Mar. 2024)

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What is Chenghe Acquisition I Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Chenghe Acquisition I Co's Net Income for the three months ended in Mar. 2024 was $-0.74 Mil. Chenghe Acquisition I Co's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Therefore, Chenghe Acquisition I Co's net margin for the quarter that ended in Mar. 2024 was 0.00%.

The historical rank and industry rank for Chenghe Acquisition I Co's Net Margin % or its related term are showing as below:

LATGU's Net Margin % is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 5.42
* Ranked among companies with meaningful Net Margin % only.

Chenghe Acquisition I Co Net Margin % Historical Data

The historical data trend for Chenghe Acquisition I Co'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.

Chenghe Acquisition I Co Net Margin % Chart

Chenghe Acquisition I Co Annual Data

Trend

Dec21

Dec22

Dec23

Net Margin %

Chenghe Acquisition I Co Quarterly Data
	May21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial							-	-	-	-	-

Competitive Comparison of Chenghe Acquisition I Co's Net Margin %

For the Shell Companies subindustry, Chenghe Acquisition I Co'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.

Chenghe Acquisition I Co's Net Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Chenghe Acquisition I Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Chenghe Acquisition I Co's Net Margin % falls into.

Chenghe Acquisition I Co 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.

Chenghe Acquisition I Co'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 )
	=	0.426	/	0
	=	%

Chenghe Acquisition I Co'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 )
	=	-0.741	/	0
	=	%

Chenghe Acquisition I Co (NAS:LATGU) 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.

Chenghe Acquisition I Co Net Margin % Related Terms

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