GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shanghai New Vision Microelectronics Co Ltd (SHSE:688593) » Definitions » Net Margin %

Shanghai New Vision Microelectronics Co (SHSE:688593) Net Margin % : 6.07% (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Shanghai New Vision Microelectronics Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Shanghai New Vision Microelectronics Co's Net Income for the three months ended in Sep. 2024 was ¥6.8 Mil. Shanghai New Vision Microelectronics Co's Revenue for the three months ended in Sep. 2024 was ¥111.9 Mil. Therefore, Shanghai New Vision Microelectronics Co's net margin for the quarter that ended in Sep. 2024 was 6.07%.

The historical rank and industry rank for Shanghai New Vision Microelectronics Co's Net Margin % or its related term are showing as below:

SHSE:688593' s Net Margin % Range Over the Past 10 Years
Min: -5.58   Med: 11.62   Max: 33.81
Current: -0.25


SHSE:688593's Net Margin % is ranked worse than
66.28% of 2438 companies
in the Hardware industry
Industry Median: 2.88 vs SHSE:688593: -0.25

Shanghai New Vision Microelectronics Co Net Margin % Historical Data

The historical data trend for Shanghai New Vision Microelectronics 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.

Shanghai New Vision Microelectronics Co Net Margin % Chart

Shanghai New Vision Microelectronics Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
-5.58 11.62 33.81 25.36 5.73

Shanghai New Vision Microelectronics Co Quarterly Data
Dec19 Dec20 Sep21 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 -2.05 -3.56 -11.44 6.18 6.07

Competitive Comparison of Shanghai New Vision Microelectronics Co's Net Margin %

For the Electronic Components subindustry, Shanghai New Vision Microelectronics 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.


Shanghai New Vision Microelectronics Co's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shanghai New Vision Microelectronics Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Shanghai New Vision Microelectronics Co's Net Margin % falls into.


;
;

Shanghai New Vision Microelectronics 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.

Shanghai New Vision Microelectronics 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 )
=27.539/480.447
=5.73 %

Shanghai New Vision Microelectronics 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 )
=6.79/111.905
=6.07 %

* 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.


Shanghai New Vision Microelectronics Co  (SHSE:688593) 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.


Shanghai New Vision Microelectronics Co Net Margin % Related Terms

Thank you for viewing the detailed overview of Shanghai New Vision Microelectronics Co's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanghai New Vision Microelectronics Co Business Description

Traded in Other Exchanges
N/A
Address
No. 680, Guiping Road, 7th Floor, Building 31, Xuhui District, Shanghai, CHN, 200233
Shanghai New Vision Microelectronics Co Ltd is engaged in research & Development, design and sales of display chips. The company is committed to providing new display IC products and system solutions. It has formed nearly a hundred new display IC and power supply IC products covering smart wearables, mobile phones, tablets, monitors, notebooks, TVs, Etc., and has long committed to TFT-LCD, AMOLED display driver chips, and power management chips.

Shanghai New Vision Microelectronics Co Headlines

No Headlines