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Dongguan Mentech Optical & Magnetic Co (SZSE:002902) Net Margin % : -14.04% (As of Sep. 2024)


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What is Dongguan Mentech Optical & Magnetic Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Dongguan Mentech Optical & Magnetic Co's Net Income for the three months ended in Sep. 2024 was ¥-60 Mil. Dongguan Mentech Optical & Magnetic Co's Revenue for the three months ended in Sep. 2024 was ¥429 Mil. Therefore, Dongguan Mentech Optical & Magnetic Co's net margin for the quarter that ended in Sep. 2024 was -14.04%.

The historical rank and industry rank for Dongguan Mentech Optical & Magnetic Co's Net Margin % or its related term are showing as below:

SZSE:002902' s Net Margin % Range Over the Past 10 Years
Min: -22.28   Med: 2.45   Max: 6.61
Current: -22.28


SZSE:002902's Net Margin % is ranked worse than
86.03% of 2433 companies
in the Hardware industry
Industry Median: 2.71 vs SZSE:002902: -22.28

Dongguan Mentech Optical & Magnetic Co Net Margin % Historical Data

The historical data trend for Dongguan Mentech Optical & Magnetic 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.

Dongguan Mentech Optical & Magnetic Co Net Margin % Chart

Dongguan Mentech Optical & Magnetic Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 0.26 -2.60 2.96 -13.53

Dongguan Mentech Optical & Magnetic Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.73 -56.07 -5.66 -14.21 -14.04

Competitive Comparison of Dongguan Mentech Optical & Magnetic Co's Net Margin %

For the Electronic Components subindustry, Dongguan Mentech Optical & Magnetic 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.


Dongguan Mentech Optical & Magnetic Co's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Dongguan Mentech Optical & Magnetic Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Dongguan Mentech Optical & Magnetic Co's Net Margin % falls into.



Dongguan Mentech Optical & Magnetic 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.

Dongguan Mentech Optical & Magnetic 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 )
=-259.343/1916.248
=-13.53 %

Dongguan Mentech Optical & Magnetic 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 )
=-60.268/429.26
=-14.04 %

* 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.


Dongguan Mentech Optical & Magnetic Co  (SZSE:002902) 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.


Dongguan Mentech Optical & Magnetic Co Net Margin % Related Terms

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Dongguan Mentech Optical & Magnetic Co Business Description

Traded in Other Exchanges
N/A
Address
No. 157, Shipai Section, Dongyuan Avenue, Building 1, Guangdong Province, Shipai Town, Dongguan, CHN, 523330
Dongguan Mentech Optical & Magnetic Co Ltd is engaged in the research and development and manufacturing of magnetic and optical components and modules. The company has three key product lines: magnetic components, optical components and modules and new energy power supply systems. Its products are widely used in the access network, backbone, metro, fibre optic switches, fibre optic transceivers, digital television, optical communication, motherboards, network switches, routers, set-top boxes and network data communication industries. The company has an operational presence across Beijing, Hong Kong, Taiwan, USA, and Korea.
Executives
Chen Cong Executives
Yang Xian Yong Director
Yang Zhong Directors, executives
Yang Xun Wen Executives
Qian Yin Bo Executives
Li Jing Zhou Directors, executives
Yang Xian Jin Director
Ye Zi Hong Supervisors

Dongguan Mentech Optical & Magnetic Co Headlines

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