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Proxene Tools Co (ROCO:6904) Net Margin % : 19.01% (As of Sep. 2024)


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What is Proxene Tools Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Proxene Tools Co's Net Income for the three months ended in Sep. 2024 was NT$42.6 Mil. Proxene Tools Co's Revenue for the three months ended in Sep. 2024 was NT$224.2 Mil. Therefore, Proxene Tools Co's net margin for the quarter that ended in Sep. 2024 was 19.01%.

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

ROCO:6904' s Net Margin % Range Over the Past 10 Years
Min: 7.67   Med: 15.38   Max: 19.99
Current: 18.96


ROCO:6904's Net Margin % is ranked better than
92.93% of 2972 companies
in the Industrial Products industry
Industry Median: 4.96 vs ROCO:6904: 18.96

Proxene Tools Co Net Margin % Historical Data

The historical data trend for Proxene Tools 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.

Proxene Tools Co Net Margin % Chart

Proxene Tools Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
7.67 10.27 15.38 19.99 18.59

Proxene Tools Co Quarterly Data
Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 22.97 17.48 20.14 19.32 19.01

Competitive Comparison of Proxene Tools Co's Net Margin %

For the Tools & Accessories subindustry, Proxene Tools 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.


Proxene Tools Co's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Proxene Tools Co's Net Margin % distribution charts can be found below:

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



Proxene Tools 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.

Proxene Tools 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 )
=170.228/915.526
=18.59 %

Proxene Tools Co's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=42.606/224.168
=19.01 %

* 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.


Proxene Tools Co  (ROCO:6904) 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.


Proxene Tools Co Net Margin % Related Terms

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Proxene Tools Co Business Description

Traded in Other Exchanges
N/A
Address
No. 35, Alley 28, Lane 360, Zhongshan Road, Shengang District, Taichung City, TWN, 42947
Proxene Tools Co Ltd engages in the manufacturing and exporting of adjustable angle wrenches in Taiwan. It offers industrial hand tools manufacturing adjustable wrench hand tools, wrenches, Industrial Video Borescope, Diagnostic equipment, and Car care products.

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