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Cheng Shin Rubber Industry Co (TPE:2105) Net Margin % : 9.40% (As of Mar. 2024)


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What is Cheng Shin Rubber Industry Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Cheng Shin Rubber Industry Co's Net Income for the three months ended in Mar. 2024 was NT$2,220 Mil. Cheng Shin Rubber Industry Co's Revenue for the three months ended in Mar. 2024 was NT$23,622 Mil. Therefore, Cheng Shin Rubber Industry Co's net margin for the quarter that ended in Mar. 2024 was 9.40%.

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

TPE:2105' s Net Margin % Range Over the Past 10 Years
Min: 3.17   Med: 5.71   Max: 13.94
Current: 8.52


TPE:2105's Net Margin % is ranked better than
78.06% of 1290 companies
in the Vehicles & Parts industry
Industry Median: 3.405 vs TPE:2105: 8.52

Cheng Shin Rubber Industry Co Net Margin % Historical Data

The historical data trend for Cheng Shin Rubber Industry 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.

Cheng Shin Rubber Industry Co Net Margin % Chart

Cheng Shin Rubber Industry Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.22 3.17 6.22 5.19 5.03

Cheng Shin Rubber Industry Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 4.05 6.73 8.44 7.78 9.40

Competitive Comparison of Cheng Shin Rubber Industry Co's Net Margin %

For the Auto Parts subindustry, Cheng Shin Rubber Industry 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.


Cheng Shin Rubber Industry Co's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cheng Shin Rubber Industry Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Cheng Shin Rubber Industry Co's Net Margin % falls into.



Cheng Shin Rubber Industry 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.

Cheng Shin Rubber Industry Co's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=4961.369/98622.877
=5.03 %

Cheng Shin Rubber Industry 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 )
=2219.808/23622.354
=9.40 %

* 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.


Cheng Shin Rubber Industry Co  (TPE:2105) 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.


Cheng Shin Rubber Industry Co Net Margin % Related Terms

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Cheng Shin Rubber Industry Co (TPE:2105) Business Description

Traded in Other Exchanges
N/A
Address
No. 215, Meigang Road, Dacun Township, Changhua, TWN, 51545
Cheng Shin Rubber Industry Co Ltd makes and sells rubber tires under the CST brand name. The company also sells rubber inner tubes and other rubber products. It includes the Processing, manufacturing, and trading of bicycle tires, electrical vehicle tires, reclaimed rubber, various rubbers, resin, and other rubber products and the manufacturing and trading of various rubber products and relevant rubber machinery. The main sources of sales revenue are from the assembly plants and dealers. Its geographical segments are Taiwan, China, the United States, and Others.

Cheng Shin Rubber Industry Co (TPE:2105) Headlines

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