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Shin Shin Natural Gas Co (TPE:9918) Net Margin % : 26.67% (As of Mar. 2024)


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What is Shin Shin Natural Gas Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Shin Shin Natural Gas Co's Net Income for the three months ended in Mar. 2024 was NT$180 Mil. Shin Shin Natural Gas Co's Revenue for the three months ended in Mar. 2024 was NT$674 Mil. Therefore, Shin Shin Natural Gas Co's net margin for the quarter that ended in Mar. 2024 was 26.67%.

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

TPE:9918' s Net Margin % Range Over the Past 10 Years
Min: 6.56   Med: 12.34   Max: 19.46
Current: 19.46


TPE:9918's Net Margin % is ranked better than
84.24% of 514 companies
in the Utilities - Regulated industry
Industry Median: 7.905 vs TPE:9918: 19.46

Shin Shin Natural Gas Co Net Margin % Historical Data

The historical data trend for Shin Shin Natural Gas 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.

Shin Shin Natural Gas Co Net Margin % Chart

Shin Shin Natural Gas 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 12.09 16.45 19.08 7.39 18.42

Shin Shin Natural Gas 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 24.06 18.84 9.94 17.15 26.67

Competitive Comparison of Shin Shin Natural Gas Co's Net Margin %

For the Utilities - Regulated Gas subindustry, Shin Shin Natural Gas 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.


Shin Shin Natural Gas Co's Net Margin % Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Shin Shin Natural Gas Co's Net Margin % falls into.



Shin Shin Natural Gas 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.

Shin Shin Natural Gas 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 )
=355.885/1932.392
=18.42 %

Shin Shin Natural Gas 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 )
=179.715/673.79
=26.67 %

* 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.


Shin Shin Natural Gas Co  (TPE:9918) 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.


Shin Shin Natural Gas Co Net Margin % Related Terms

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Shin Shin Natural Gas Co (TPE:9918) Business Description

Traded in Other Exchanges
N/A
Address
No. 100, Section 1, Yonghe Road, Yonghe District, Taipei, TWN
Shin Shin Natural Gas Co Ltd is a Taiwan-based company engaged in the transmission of combustible natural gas by pipeline for non-industrial fuel supply, the installation of gas pipeline construction, and other related natural gas industry and affiliated businesses. The company mainly operates in two segments which are the Gas sales segment mainly responsible for the supply of natural gas to customers through pipelines and the Installation segment mainly responsible for the installation of natural gas transmission pipelines and gas safety equipment.

Shin Shin Natural Gas Co (TPE:9918) Headlines

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