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Promate Solutions (ROCO:6577) Net Margin % : 9.73% (As of Dec. 2023)


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What is Promate Solutions Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Promate Solutions's Net Income for the three months ended in Dec. 2023 was NT$54 Mil. Promate Solutions's Revenue for the three months ended in Dec. 2023 was NT$557 Mil. Therefore, Promate Solutions's net margin for the quarter that ended in Dec. 2023 was 9.73%.

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

ROCO:6577' s Net Margin % Range Over the Past 10 Years
Min: 8.2   Med: 9.65   Max: 11.46
Current: 10.75


ROCO:6577's Net Margin % is ranked better than
81.45% of 2464 companies
in the Hardware industry
Industry Median: 2.68 vs ROCO:6577: 10.75

Promate Solutions Net Margin % Historical Data

The historical data trend for Promate Solutions'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.

Promate Solutions Net Margin % Chart

Promate Solutions 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 11.02 11.46 9.30 10.29 10.75

Promate Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 8.36 12.11 9.25 12.01 9.73

Competitive Comparison of Promate Solutions's Net Margin %

For the Electronic Components subindustry, Promate Solutions'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.


Promate Solutions's Net Margin % Distribution in the Hardware Industry

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

* The bar in red indicates where Promate Solutions's Net Margin % falls into.



Promate Solutions 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.

Promate Solutions'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 )
=271.889/2528.193
=10.75 %

Promate Solutions's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=54.191/557.214
=9.73 %

* 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.


Promate Solutions  (ROCO:6577) 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.


Promate Solutions Net Margin % Related Terms

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Promate Solutions (ROCO:6577) Business Description

Traded in Other Exchanges
N/A
Address
Huanshan Road, 1st Floor, No. 30, Section 1, Neihu District, Taipei, TWN, 11442
Promate Solutions Corp is a Taiwan-based company engaged in the research and development and manufacture of medical touch screen displays, embedded control systems, special application and industrial displays, and research and development of application software and hardware.

Promate Solutions (ROCO:6577) Headlines

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