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Airtac International Group (TPE:1590) Net Margin % : 25.39% (As of Mar. 2024)


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What is Airtac International Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Airtac International Group's Net Income for the three months ended in Mar. 2024 was NT$1,829 Mil. Airtac International Group's Revenue for the three months ended in Mar. 2024 was NT$7,206 Mil. Therefore, Airtac International Group's net margin for the quarter that ended in Mar. 2024 was 25.39%.

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

TPE:1590' s Net Margin % Range Over the Past 10 Years
Min: 15.55   Med: 22.1   Max: 25.36
Current: 23.81


TPE:1590's Net Margin % is ranked better than
95.57% of 2977 companies
in the Industrial Products industry
Industry Median: 5.12 vs TPE:1590: 23.81

Airtac International Group Net Margin % Historical Data

The historical data trend for Airtac International Group'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.

Airtac International Group Net Margin % Chart

Airtac International Group 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 17.15 25.36 25.36 23.06 23.35

Airtac International Group 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 23.50 21.30 25.64 23.10 25.39

Competitive Comparison of Airtac International Group's Net Margin %

For the Specialty Industrial Machinery subindustry, Airtac International Group'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.


Airtac International Group's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Airtac International Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Airtac International Group's Net Margin % falls into.



Airtac International Group 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.

Airtac International Group'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 )
=6965.808/29827.352
=23.35 %

Airtac International Group'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 )
=1829.263/7205.592
=25.39 %

* 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.


Airtac International Group  (TPE:1590) 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.


Airtac International Group Net Margin % Related Terms

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Airtac International Group (TPE:1590) Business Description

Traded in Other Exchanges
N/A
Address
No. 28, Kanxi Road, Xinshi District, Tainan, TWN, 74148
Established in Taiwan in 1989, AirTAC International Group specializes in producing actuators, control components, air preparation products, and accessories, which are widely used in industrial automation, including industries such as automotive, machinery manufacturing, electronics, lighting and textile, medical equipment and food and packaging. The firm is the second-largest pneumatic equipment manufacturer in China, with more than 20% market share. AirTAC reported revenue of TWD 26.1 billion in 2022, with more than 90% of sales generated from China.

Airtac International Group (TPE:1590) Headlines

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