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MKDW (MKDWell Tech) Net Margin % : -173.61% (As of Jun. 2024)


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What is MKDWell Tech Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. MKDWell Tech's Net Income for the six months ended in Jun. 2024 was $-1.41 Mil. MKDWell Tech's Revenue for the six months ended in Jun. 2024 was $0.81 Mil. Therefore, MKDWell Tech's net margin for the quarter that ended in Jun. 2024 was -173.61%.

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

MKDW' s Net Margin % Range Over the Past 10 Years
Min: -92.62   Med: -39.84   Max: -39.43
Current: -92.62

MKDW's Net Margin % is ranked worse than
96.35% of 1288 companies
in the Vehicles & Parts industry
Industry Median: 3.135 vs MKDW: -92.62

MKDWell Tech Net Margin % Historical Data

The historical data trend for MKDWell Tech'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.

MKDWell Tech Net Margin % Chart

MKDWell Tech Annual Data
Trend Dec21 Dec22 Dec23
Net Margin %
-39.43 -39.84 -43.31

MKDWell Tech Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Net Margin % Get a 7-Day Free Trial -75.31 -21.83 -37.67 -50.86 -173.61

Competitive Comparison of MKDWell Tech's Net Margin %

For the Auto Parts subindustry, MKDWell Tech'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.

MKDWell Tech's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MKDWell Tech's Net Margin % distribution charts can be found below:

* The bar in red indicates where MKDWell Tech's Net Margin % falls into.


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MKDWell Tech 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.

MKDWell Tech'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 )
=-1.59/3.671
=-43.31 %

MKDWell Tech'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 )
=-1.408/0.811
=-173.61 %

* 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.

MKDWell Tech  (NAS:MKDW) 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.

MKDWell Tech Net Margin % Related Terms

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MKDWell Tech Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » MKDWell Tech Inc (NAS:MKDW) » Definitions » Net Margin %
Comparable Companies
HYZN SAG OMTK NCNCF WKSP GTEC TSE:6902 TSE:5108 XPAR:ML SHSE:600660 XKRX:012330 GPC XTER:KBX XTER:CON SHSE:601689 APTV TSE:5802 MBLY NSE:MOTHERSON LKQ
Traded in Other Exchanges
N/A
Address
Sea Meadow House, Road Town, Tortola, VGB
Website
http://www.mkdwell.com
MKDWell Tech Inc is a company engaged in supplying automotive electronics for passenger cars, modified commercial vehicles, camper vans and logistics vehicles. Its business coverage extends across the spectrum of research and development, design, production and sales of automotive electronic products. The main products are intelligent camper vans control systems, LiDAR sensors, intelligent container control systems for logistics vehicles, vehicle seat control system, and it provide customers with ODM and OEM customized services.