Mega Union Technology (ROCO:6944) Net Margin % : 15.09% (As of Jun. 2024)

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What is Mega Union Technology Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Mega Union Technology's Net Income for the six months ended in Jun. 2024 was NT$697 Mil. Mega Union Technology's Revenue for the six months ended in Jun. 2024 was NT$4,617 Mil. Therefore, Mega Union Technology's net margin for the quarter that ended in Jun. 2024 was 15.09%.

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

ROCO:6944' s Net Margin % Range Over the Past 10 Years
Min: -0.86 Med: 3.27 Max: 14.37
Current: 14.37

ROCO:6944's Net Margin % is ranked better than
86.25% of 2968 companies
in the Industrial Products industry
Industry Median: 4.98 vs ROCO:6944: 14.37

Mega Union Technology Net Margin % Historical Data

The historical data trend for Mega Union 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.

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Mega Union Technology Net Margin % Chart

Mega Union Technology Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Net Margin %

-0.86

2.59

3.94

12.27

Mega Union Technology Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Net Margin %	Get a 7-Day Free Trial			4.27	3.64	10.78	13.65	15.09

Competitive Comparison of Mega Union Technology's Net Margin %

For the Pollution & Treatment Controls subindustry, Mega Union 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.

Mega Union Technology's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mega Union Technology's Net Margin % distribution charts can be found below:

* The bar in red indicates where Mega Union Technology's Net Margin % falls into.

Mega Union 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.

Mega Union 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 )
	=	1104.846	/	9007.581
	=	12.27 %

Mega Union 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 )
	=	696.864	/	4617.064
	=	15.09 %

Mega Union Technology (ROCO:6944) 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.

Mega Union Technology Net Margin % Related Terms

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Mega Union Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mega Union Technology Inc (ROCO:6944) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.439-3, Taoying Road, 1st Floor, Taoyuan County, Taoyuan City, TWN

Website

http://www.megaunion-tw.com

Mega Union Technology Inc develops various wastewater treatment technology. It focuses on water recovery and recycling, prolonging the cycle life of water, and reducing the depletion of water resources. Its offers Seawater desalination/general industrial water/ultrapure water production systems; Wastewater Treatment Systems / Recycled Water Treatment Systems; and Chemical Recycling Manufacturing Systems.

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