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Hsin Yung Chien Co (TPE:2114) Net Margin % : 28.95% (As of Mar. 2024)


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What is Hsin Yung Chien Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Hsin Yung Chien Co's Net Income for the three months ended in Mar. 2024 was NT$98 Mil. Hsin Yung Chien Co's Revenue for the three months ended in Mar. 2024 was NT$337 Mil. Therefore, Hsin Yung Chien Co's net margin for the quarter that ended in Mar. 2024 was 28.95%.

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

TPE:2114' s Net Margin % Range Over the Past 10 Years
Min: 20.74   Med: 22.93   Max: 49.99
Current: 30.6


TPE:2114's Net Margin % is ranked better than
98.76% of 1288 companies
in the Vehicles & Parts industry
Industry Median: 3.375 vs TPE:2114: 30.60

Hsin Yung Chien Co Net Margin % Historical Data

The historical data trend for Hsin Yung Chien 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.

Hsin Yung Chien Co Net Margin % Chart

Hsin Yung Chien 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 24.08 32.80 49.99 21.23 30.11

Hsin Yung Chien 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 26.87 31.08 30.96 31.13 28.95

Competitive Comparison of Hsin Yung Chien Co's Net Margin %

For the Auto Parts subindustry, Hsin Yung Chien 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.


Hsin Yung Chien Co's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hsin Yung Chien Co's Net Margin % distribution charts can be found below:

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



Hsin Yung Chien 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.

Hsin Yung Chien 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 )
=469.185/1558.156
=30.11 %

Hsin Yung Chien 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 )
=97.508/336.803
=28.95 %

* 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.


Hsin Yung Chien Co  (TPE:2114) 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.


Hsin Yung Chien Co Net Margin % Related Terms

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Hsin Yung Chien Co (TPE:2114) Business Description

Traded in Other Exchanges
N/A
Address
No. 294, Nangang 3rd Road, Nan Kung Industrial Zone, Nantou County, Nantou, TWN, 54067
Hsin Yung Chien Co Ltd engages in the manufacturing, processing and sales of rubber conveyor belt, rubber sheet, oil resistant, acid resistant, heat resistant packer elements and other rubber products in Taiwan. Its products include straight warp conveyor belt, specialty conveyor belt, light duty conveyor belt, chevron conveyor belt, Kevlar conveyor belt, and steel cord conveyor belt.

Hsin Yung Chien Co (TPE:2114) Headlines

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