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Sincere Security (ROCO:6721) Net Margin % : 2.23% (As of Mar. 2024)


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What is Sincere Security Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Sincere Security's Net Income for the three months ended in Mar. 2024 was NT$18 Mil. Sincere Security's Revenue for the three months ended in Mar. 2024 was NT$794 Mil. Therefore, Sincere Security's net margin for the quarter that ended in Mar. 2024 was 2.23%.

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

ROCO:6721' s Net Margin % Range Over the Past 10 Years
Min: 2.49   Med: 3.68   Max: 5.27
Current: 2.49


ROCO:6721's Net Margin % is ranked worse than
59.96% of 1064 companies
in the Business Services industry
Industry Median: 3.945 vs ROCO:6721: 2.49

Sincere Security Net Margin % Historical Data

The historical data trend for Sincere Security'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.

Sincere Security Net Margin % Chart

Sincere Security Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 3.10 5.27 4.91 2.52 2.51

Sincere Security Quarterly Data
Jun18 Dec18 Jun19 Dec19 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 2.31 2.92 2.14 2.67 2.23

Competitive Comparison of Sincere Security's Net Margin %

For the Specialty Business Services subindustry, Sincere Security'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.


Sincere Security's Net Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sincere Security's Net Margin % distribution charts can be found below:

* The bar in red indicates where Sincere Security's Net Margin % falls into.



Sincere Security 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.

Sincere Security'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 )
=74.982/2983.002
=2.51 %

Sincere Security'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 )
=17.673/793.801
=2.23 %

* 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.


Sincere Security  (ROCO:6721) 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.


Sincere Security Net Margin % Related Terms

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Sincere Security (ROCO:6721) Business Description

Traded in Other Exchanges
N/A
Address
Room 5, 2nd Floor, 201 Heping Street, Hsinchu County, Zhubei, TWN
Sincere Security Corp Ltd is a Taiwan based company involved in property management, cleaning services, mechanical and electrical air-conditioning maintenance and security monitoring. It provides services at science parks, hypermarkets, commercial buildings, schools, golf courses, villas and residential areas, and government units.

Sincere Security (ROCO:6721) Headlines

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