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Ways Electron Co (SHSE:605218) Net Margin % : 2.74% (As of Mar. 2024)


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What is Ways Electron Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Ways Electron Co's Net Income for the three months ended in Mar. 2024 was ¥11 Mil. Ways Electron Co's Revenue for the three months ended in Mar. 2024 was ¥407 Mil. Therefore, Ways Electron Co's net margin for the quarter that ended in Mar. 2024 was 2.74%.

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

SHSE:605218' s Net Margin % Range Over the Past 10 Years
Min: 3.54   Med: 7.48   Max: 9.83
Current: 7.01


SHSE:605218's Net Margin % is ranked better than
69.98% of 2465 companies
in the Hardware industry
Industry Median: 2.74 vs SHSE:605218: 7.01

Ways Electron Co Net Margin % Historical Data

The historical data trend for Ways Electron 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.

Ways Electron Co Net Margin % Chart

Ways Electron Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 8.46 7.42 4.36 7.08 7.53

Ways Electron Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 3.81 7.02 6.20 11.76 2.74

Competitive Comparison of Ways Electron Co's Net Margin %

For the Electronic Components subindustry, Ways Electron 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.


Ways Electron Co's Net Margin % Distribution in the Hardware Industry

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

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



Ways Electron 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.

Ways Electron 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 )
=118.005/1567.771
=7.53 %

Ways Electron Co'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 )
=11.171/407.312
=2.74 %

* 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.


Ways Electron Co  (SHSE:605218) 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.


Ways Electron Co Net Margin % Related Terms

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Ways Electron Co (SHSE:605218) Business Description

Traded in Other Exchanges
N/A
Address
299 Yunque Road, Precision Machinery Industrial Park, Kunshan Development Zone, Jiangsu Province, Kunshan, CHN, 215300
Ways Electron Co Ltd is engaged in production and sales of backlight display modules, liquid crystal display modules and other products. The company specializes in the research & development, designing, manufacturing and sales area which focus on the products such as Backlight module, Liquid crystal module, Touch screen, related hardware parts and Rubber rollers of OA equipment such as printer.
Executives
Director

Ways Electron Co (SHSE:605218) Headlines

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