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Tai Shing Electronics Components (ROCO:3426) Net Margin % : 9.26% (As of Mar. 2024)


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What is Tai Shing Electronics Components Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Tai Shing Electronics Components's Net Income for the three months ended in Mar. 2024 was NT$16.2 Mil. Tai Shing Electronics Components's Revenue for the three months ended in Mar. 2024 was NT$175.2 Mil. Therefore, Tai Shing Electronics Components's net margin for the quarter that ended in Mar. 2024 was 9.26%.

The historical rank and industry rank for Tai Shing Electronics Components's Net Margin % or its related term are showing as below:

ROCO:3426' s Net Margin % Range Over the Past 10 Years
Min: 4.38   Med: 10.02   Max: 13.17
Current: 10.39


ROCO:3426's Net Margin % is ranked better than
80.29% of 2466 companies
in the Hardware industry
Industry Median: 2.735 vs ROCO:3426: 10.39

Tai Shing Electronics Components Net Margin % Historical Data

The historical data trend for Tai Shing Electronics Components'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.

Tai Shing Electronics Components Net Margin % Chart

Tai Shing Electronics Components 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 9.58 9.63 9.19 10.40 9.80

Tai Shing Electronics Components 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 6.71 11.73 11.41 9.43 9.26

Competitive Comparison of Tai Shing Electronics Components's Net Margin %

For the Electronic Components subindustry, Tai Shing Electronics Components'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.


Tai Shing Electronics Components's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tai Shing Electronics Components's Net Margin % distribution charts can be found below:

* The bar in red indicates where Tai Shing Electronics Components's Net Margin % falls into.



Tai Shing Electronics Components 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.

Tai Shing Electronics Components'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 )
=62.255/635.221
=9.80 %

Tai Shing Electronics Components'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 )
=16.223/175.197
=9.26 %

* 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.


Tai Shing Electronics Components  (ROCO:3426) 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.


Tai Shing Electronics Components Net Margin % Related Terms

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Tai Shing Electronics Components (ROCO:3426) Business Description

Traded in Other Exchanges
N/A
Address
Number 4, Kung Yeh 6th Road, Ping Cheng Industrial District, Tao Yuan County, Tao Yuan, TWN, 324
Tai Shing Electronics Components Corp is engaged in the manufacturing of metal valves, other fabricated metal products, electric appliances, audiovisual electric products, wired communication equipment and apparatuses, telecommunication equipment, and apparatuses among other products.

Tai Shing Electronics Components (ROCO:3426) Headlines

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