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Taiwan Wax Co (ROCO:1742) Net Margin % : 187.72% (As of Mar. 2024)


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What is Taiwan Wax Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Taiwan Wax Co's Net Income for the three months ended in Mar. 2024 was NT$110.0 Mil. Taiwan Wax Co's Revenue for the three months ended in Mar. 2024 was NT$58.6 Mil. Therefore, Taiwan Wax Co's net margin for the quarter that ended in Mar. 2024 was 187.72%.

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

ROCO:1742' s Net Margin % Range Over the Past 10 Years
Min: -25.65   Med: -3.61   Max: 74.52
Current: 35.49


ROCO:1742's Net Margin % is ranked better than
98.43% of 1532 companies
in the Chemicals industry
Industry Median: 4.09 vs ROCO:1742: 35.49

Taiwan Wax Co Net Margin % Historical Data

The historical data trend for Taiwan Wax 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.

Taiwan Wax Co Net Margin % Chart

Taiwan Wax Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.13 -1.97 74.52 -25.65 9.77

Taiwan Wax Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 24.35 14.50 129.15 -83.74 187.72

Competitive Comparison of Taiwan Wax Co's Net Margin %

For the Specialty Chemicals subindustry, Taiwan Wax 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.


Taiwan Wax Co's Net Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Taiwan Wax Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Taiwan Wax Co's Net Margin % falls into.



Taiwan Wax 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.

Taiwan Wax 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 )
=38.302/392.001
=9.77 %

Taiwan Wax 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 )
=110.022/58.61
=187.72 %

* 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.


Taiwan Wax Co  (ROCO:1742) 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.


Taiwan Wax Co Net Margin % Related Terms

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Taiwan Wax Co (ROCO:1742) Business Description

Traded in Other Exchanges
N/A
Address
Number 1 Chung Cheng Road, Minhsiung Industrial District, Chiayi, TWN, 62146
Taiwan Wax Co Ltd is engaged in manufacture, trading, import and export of various wax raw materials and finished products, trading of optoelectronic equipment, trading of aquatic products and provision of brokerage services. The company derives revenue from sales of merchandise is derived from sales of aquatic products, optoelectronic equipment and various finished wax products.

Taiwan Wax Co (ROCO:1742) Headlines

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