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Solid State (LSE:SOLI) Net Margin % : 5.11% (As of Sep. 2023)


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What is Solid State Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Solid State's Net Income for the six months ended in Sep. 2023 was £4.5 Mil. Solid State's Revenue for the six months ended in Sep. 2023 was £88.1 Mil. Therefore, Solid State's net margin for the quarter that ended in Sep. 2023 was 5.11%.

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

LSE:SOLI' s Net Margin % Range Over the Past 10 Years
Min: 2.97   Med: 5.18   Max: 11.32
Current: 5.06


LSE:SOLI's Net Margin % is ranked better than
62.6% of 2465 companies
in the Hardware industry
Industry Median: 2.65 vs LSE:SOLI: 5.06

Solid State Net Margin % Historical Data

The historical data trend for Solid State'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.

Solid State Net Margin % Chart

Solid State Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.72 5.06 5.96 2.97 5.29

Solid State Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 4.39 1.74 5.63 4.99 5.11

Competitive Comparison of Solid State's Net Margin %

For the Electronic Components subindustry, Solid State'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.


Solid State's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Solid State's Net Margin % distribution charts can be found below:

* The bar in red indicates where Solid State's Net Margin % falls into.



Solid State 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.

Solid State'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 )
=6.693/126.503
=5.29 %

Solid State's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=4.502/88.125
=5.11 %

* 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.


Solid State  (LSE:SOLI) 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.


Solid State Net Margin % Related Terms

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Solid State (LSE:SOLI) Business Description

Traded in Other Exchanges
N/A
Address
Hedera Road, 2 Ravensbank Business Park, Redditch, Worcestershire, GBR, B98 9EY
Solid State PLC is engaged in manufacturing as well as the distribution of electronic components and materials. The company's operating segment includes divisions which are Components and Systems. It generates maximum revenue from the Components division segment. Geographically, it derives the majority of its revenue from the United Kingdom and has a presence in the Rest of Europe, Asia, North America, and the Rest of the World. It generates revenue from products such as Computing, Communications, Power and Optoelectronics, and electronic components and modules.