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Promise Technology (TPE:3057) Net Margin % : -26.53% (As of Sep. 2024)


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What is Promise Technology Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Promise Technology's Net Income for the three months ended in Sep. 2024 was NT$-37.2 Mil. Promise Technology's Revenue for the three months ended in Sep. 2024 was NT$140.2 Mil. Therefore, Promise Technology's net margin for the quarter that ended in Sep. 2024 was -26.53%.

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

TPE:3057' s Net Margin % Range Over the Past 10 Years
Min: -32.81   Med: -4.79   Max: 10.68
Current: -28.01


TPE:3057's Net Margin % is ranked worse than
88.18% of 2445 companies
in the Hardware industry
Industry Median: 2.62 vs TPE:3057: -28.01

Promise Technology Net Margin % Historical Data

The historical data trend for Promise Technology'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.

Promise Technology Net Margin % Chart

Promise Technology 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 -26.22 -6.07 0.05 0.32 -24.50

Promise Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -5.99 -55.58 -4.80 -22.97 -26.53

Competitive Comparison of Promise Technology's Net Margin %

For the Computer Hardware subindustry, Promise Technology'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.


Promise Technology's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Promise Technology's Net Margin % distribution charts can be found below:

* The bar in red indicates where Promise Technology's Net Margin % falls into.



Promise Technology 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.

Promise Technology'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 )
=-143.198/584.522
=-24.50 %

Promise Technology's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-37.212/140.244
=-26.53 %

* 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.


Promise Technology  (TPE:3057) 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.


Promise Technology Net Margin % Related Terms

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Promise Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 30, Industrial East 9th Road, 2nd Floor, Hsinchu Science Park, Hsinchu County, Hsinchu, TWN, 300096
Promise Technology Inc is a developer of open storage platforms, designed for the data centre, surveillance, cloud, and rich media markets. Its product portfolio comprises VTrak, Vess, Pegasus, and SANlink. In addition, the company offers solutions, including consumer/IoT, rich media, cloud, surveillance, and IT solutions, as well as professional services comprising warranties, onsite hardware replacement, training, and installation services. It offers computer storage equipment high -performance control cards and systems, computer high-performance network and graphics systems, multimedia software, and hardware kits and systems, and Products related to computer and telephone integration technology.

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