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Chung Tai Resource Technology (ROCO:6923) Net Margin % : 21.17% (As of Jun. 2024)


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What is Chung Tai Resource Technology Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Chung Tai Resource Technology's Net Income for the six months ended in Jun. 2024 was NT$212 Mil. Chung Tai Resource Technology's Revenue for the six months ended in Jun. 2024 was NT$999 Mil. Therefore, Chung Tai Resource Technology's net margin for the quarter that ended in Jun. 2024 was 21.17%.

The historical rank and industry rank for Chung Tai Resource Technology's Net Margin % or its related term are showing as below:

ROCO:6923' s Net Margin % Range Over the Past 10 Years
Min: 18.55   Med: 21.51   Max: 25.02
Current: 18.55


ROCO:6923's Net Margin % is ranked better than
86.5% of 237 companies
in the Waste Management industry
Industry Median: 4.82 vs ROCO:6923: 18.55

Chung Tai Resource Technology Net Margin % Historical Data

The historical data trend for Chung Tai Resource Technology'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.

Chung Tai Resource Technology Net Margin % Chart

Chung Tai Resource Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
21.49 25.02 22.88 21.51 20.01

Chung Tai Resource Technology Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Net Margin % Get a 7-Day Free Trial Premium Member Only 22.56 20.73 26.47 14.83 21.17

Competitive Comparison of Chung Tai Resource Technology's Net Margin %

For the Waste Management subindustry, Chung Tai Resource Technology'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.


Chung Tai Resource Technology's Net Margin % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Chung Tai Resource Technology's Net Margin % distribution charts can be found below:

* The bar in red indicates where Chung Tai Resource Technology's Net Margin % falls into.



Chung Tai Resource Technology 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.

Chung Tai Resource Technology'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 )
=254.624/1272.457
=20.01 %

Chung Tai Resource Technology's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=211.581/999.296
=21.17 %

* 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.


Chung Tai Resource Technology  (ROCO:6923) 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.


Chung Tai Resource Technology Net Margin % Related Terms

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Chung Tai Resource Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 328, Huanke Road, Guanyin District, Taoyuan City, TWN, 328451
Chung Tai Resource Technology Corp provides waste removal and treatment, Pyrolysis treatment system, Recycling of Waste Printed Circuit Boards, Incineration Thermal Power Generation and Comprehensive Treatment R&D Center, waste lighting sources recycling, and other services.

Chung Tai Resource Technology Headlines

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