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Great Taipei Gas (TPE:9908) Net Margin % : 26.03% (As of Mar. 2024)


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What is Great Taipei Gas Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Great Taipei Gas's Net Income for the three months ended in Mar. 2024 was NT$242 Mil. Great Taipei Gas's Revenue for the three months ended in Mar. 2024 was NT$931 Mil. Therefore, Great Taipei Gas's net margin for the quarter that ended in Mar. 2024 was 26.03%.

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

TPE:9908' s Net Margin % Range Over the Past 10 Years
Min: 11.9   Med: 20.52   Max: 33.44
Current: 33.03


TPE:9908's Net Margin % is ranked better than
94.23% of 520 companies
in the Utilities - Regulated industry
Industry Median: 7.955 vs TPE:9908: 33.03

Great Taipei Gas Net Margin % Historical Data

The historical data trend for Great Taipei Gas'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.

Great Taipei Gas Net Margin % Chart

Great Taipei Gas 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 19.87 23.25 27.65 23.36 33.44

Great Taipei Gas 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 27.55 39.09 50.16 21.57 26.03

Competitive Comparison of Great Taipei Gas's Net Margin %

For the Utilities - Regulated Gas subindustry, Great Taipei Gas'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.


Great Taipei Gas's Net Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Great Taipei Gas's Net Margin % distribution charts can be found below:

* The bar in red indicates where Great Taipei Gas's Net Margin % falls into.



Great Taipei Gas 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.

Great Taipei Gas'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 )
=1159.898/3468.819
=33.44 %

Great Taipei Gas'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 )
=242.237/930.518
=26.03 %

* 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.


Great Taipei Gas  (TPE:9908) 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.


Great Taipei Gas Net Margin % Related Terms

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Great Taipei Gas (TPE:9908) Business Description

Traded in Other Exchanges
N/A
Address
No. 35, Lane 11, Guangfu N. Raod, 5th Floor, Songshan District, Taipei, TWN, 105
Great Taipei Gas Corp is a Taiwanese gas utility company that provides natural gas services to districts throughout the city of Taipei, Taiwan. The company's core activity is the selling of a variety of gas utility-related products and supplies, such as natural gas, gas equipment, gas meters, and gas instruments, which are sourced primarily from Europe, America, and Japan. Great Taipei Gas then distributes natural gas to end users in the Taiwanese capital city by operating a network of gas pipelines and storage facilities.

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