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Guobo Electronics Co (SHSE:688375) Net Margin % : 17.42% (As of Mar. 2024)


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What is Guobo Electronics Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Guobo Electronics Co's Net Income for the three months ended in Mar. 2024 was ¥121 Mil. Guobo Electronics Co's Revenue for the three months ended in Mar. 2024 was ¥693 Mil. Therefore, Guobo Electronics Co's net margin for the quarter that ended in Mar. 2024 was 17.42%.

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

SHSE:688375' s Net Margin % Range Over the Past 10 Years
Min: 13.93   Med: 14.86   Max: 17.15
Current: 17.15


SHSE:688375's Net Margin % is ranked better than
91.64% of 2465 companies
in the Hardware industry
Industry Median: 2.7 vs SHSE:688375: 17.15

Guobo Electronics Co Net Margin % Historical Data

The historical data trend for Guobo Electronics 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.

Guobo Electronics Co Net Margin % Chart

Guobo Electronics Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 16.49 13.93 14.67 15.04 17.00

Guobo Electronics Co Quarterly Data
Dec18 Dec19 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 16.61 15.75 15.64 21.07 17.42

Competitive Comparison of Guobo Electronics Co's Net Margin %

For the Electronic Components subindustry, Guobo Electronics 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.


Guobo Electronics Co's Net Margin % Distribution in the Hardware Industry

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

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



Guobo Electronics 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.

Guobo Electronics 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 )
=606.228/3566.963
=17.00 %

Guobo Electronics 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 )
=120.777/693.204
=17.42 %

* 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.


Guobo Electronics Co  (SHSE:688375) 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.


Guobo Electronics Co Net Margin % Related Terms

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Guobo Electronics Co (SHSE:688375) Business Description

Traded in Other Exchanges
N/A
Address
No. 166, Zhengfang Middle Road,, Jiangning Economic and Technological Development Zone, Jiangsu Province, Nanjing, CHN, 211111
Guobo Electronics Co Ltd is engaged in the research and development, production and sales of active phased array T/R components and radio frequency integrated circuits related products.

Guobo Electronics Co (SHSE:688375) Headlines

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