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Toagosei Co (Toagosei Co) Net Margin % : 6.96% (As of Mar. 2024)


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What is Toagosei Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Toagosei Co's Net Income for the three months ended in Mar. 2024 was $18 Mil. Toagosei Co's Revenue for the three months ended in Mar. 2024 was $260 Mil. Therefore, Toagosei Co's net margin for the quarter that ended in Mar. 2024 was 6.96%.

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

TOAGF' s Net Margin % Range Over the Past 10 Years
Min: 4.79   Med: 7.71   Max: 10.19
Current: 7.94


TOAGF's Net Margin % is ranked better than
69.08% of 1530 companies
in the Chemicals industry
Industry Median: 4.105 vs TOAGF: 7.94

Toagosei Co Net Margin % Historical Data

The historical data trend for Toagosei 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.

Toagosei Co Net Margin % Chart

Toagosei 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 7.17 6.10 8.81 7.77 7.64

Toagosei 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 5.72 8.48 6.90 9.26 6.96

Competitive Comparison of Toagosei Co's Net Margin %

For the Chemicals subindustry, Toagosei 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.


Toagosei Co's Net Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Toagosei Co's Net Margin % distribution charts can be found below:

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



Toagosei 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.

Toagosei 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 )
=84.587/1106.885
=7.64 %

Toagosei 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 )
=18.135/260.408
=6.96 %

* 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.


Toagosei Co  (OTCPK:TOAGF) 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.


Toagosei Co Net Margin % Related Terms

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Toagosei Co (Toagosei Co) Business Description

Traded in Other Exchanges
Address
1-14-1 Nishi Shinbashi, Minatoku, Tokyo, JPN, 105-8419
Toagosei Co Ltd manufactures and sells a variety of chemicals and chemical-based products. The firm organizes itself into four segments based on product type. The acrylic products segment, which generates more revenue than any other segment, sells acrylate esters, acrylic polymers, and UV-curable resins, which are used in paints, textiles and cosmetics, and electronics. The commodity chemicals segment sells caustic soda, sulfuric acid, and sodium hypochlorite, which are used to make paper, fertilizers, and water treatment products. The specialty chemicals segment sells adhesives, electronic materials, and construction materials. The plastics segment sells piping equipment and nursing care products. The majority of revenue comes from Japan.

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