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Novatek Microelectronics (TPE:3034) Net Margin % : 20.03% (As of Mar. 2024)


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What is Novatek Microelectronics Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Novatek Microelectronics's Net Income for the three months ended in Mar. 2024 was NT$4,894 Mil. Novatek Microelectronics's Revenue for the three months ended in Mar. 2024 was NT$24,428 Mil. Therefore, Novatek Microelectronics's net margin for the quarter that ended in Mar. 2024 was 20.03%.

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

TPE:3034' s Net Margin % Range Over the Past 10 Years
Min: 10.67   Med: 12.96   Max: 28.71
Current: 21.17


TPE:3034's Net Margin % is ranked better than
87.49% of 983 companies
in the Semiconductors industry
Industry Median: 4.32 vs TPE:3034: 21.17

Novatek Microelectronics Net Margin % Historical Data

The historical data trend for Novatek Microelectronics'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.

Novatek Microelectronics Net Margin % Chart

Novatek Microelectronics 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 12.31 14.78 28.71 25.44 21.12

Novatek Microelectronics 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 19.76 22.68 22.00 19.62 20.03

Competitive Comparison of Novatek Microelectronics's Net Margin %

For the Semiconductors subindustry, Novatek Microelectronics'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.


Novatek Microelectronics's Net Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Novatek Microelectronics's Net Margin % distribution charts can be found below:

* The bar in red indicates where Novatek Microelectronics's Net Margin % falls into.



Novatek Microelectronics 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.

Novatek Microelectronics'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 )
=23317.509/110428.698
=21.12 %

Novatek Microelectronics'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 )
=4893.633/24427.885
=20.03 %

* 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.


Novatek Microelectronics  (TPE:3034) 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.


Novatek Microelectronics Net Margin % Related Terms

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Novatek Microelectronics (TPE:3034) Business Description

Traded in Other Exchanges
N/A
Address
No.13, Innovation Road I, 2nd Floor, Hsinchu Science Park, Hsinchu, TWN, 30076
Novatek Microelectronics Corp is a chip design company specializing in the design, development, and sales of a wide range of display driver ICs and SoC solutions for all display and audio/video applications. The group is mainly engaged in researching, developing, manufacturing, and sales of integrated circuit chips speech, communication, computer peripherals, LCD driver IC system, embedded MCU, DSP, and systems. The firm generates the majority of its revenue from countries across Asia, and the rest comes from Taiwan and others.

Novatek Microelectronics (TPE:3034) Headlines

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