GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Korea Movenex Co Ltd (XKRX:010100) » Definitions » Net Margin %

Korea Movenex Co (XKRX:010100) Net Margin % : 3.29% (As of Mar. 2024)


View and export this data going back to 1987. Start your Free Trial

What is Korea Movenex Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Korea Movenex Co's Net Income for the three months ended in Mar. 2024 was ₩12,453 Mil. Korea Movenex Co's Revenue for the three months ended in Mar. 2024 was ₩378,485 Mil. Therefore, Korea Movenex Co's net margin for the quarter that ended in Mar. 2024 was 3.29%.

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

XKRX:010100' s Net Margin % Range Over the Past 10 Years
Min: -2.99   Med: 1.17   Max: 3.33
Current: 3.33


XKRX:010100's Net Margin % is ranked worse than
50.39% of 1288 companies
in the Vehicles & Parts industry
Industry Median: 3.375 vs XKRX:010100: 3.33

Korea Movenex Co Net Margin % Historical Data

The historical data trend for Korea Movenex 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.

Korea Movenex Co Net Margin % Chart

Korea Movenex 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 1.19 1.31 1.85 2.43 3.12

Korea Movenex 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 2.44 5.49 3.68 0.74 3.29

Competitive Comparison of Korea Movenex Co's Net Margin %

For the Auto Parts subindustry, Korea Movenex 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.


Korea Movenex Co's Net Margin % Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Korea Movenex Co's Net Margin % falls into.



Korea Movenex 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.

Korea Movenex 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 )
=47173.455/1510805.867
=3.12 %

Korea Movenex 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 )
=12453.357/378485.13
=3.29 %

* 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.


Korea Movenex Co  (XKRX:010100) 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.


Korea Movenex Co Net Margin % Related Terms

Thank you for viewing the detailed overview of Korea Movenex Co's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Korea Movenex Co (XKRX:010100) Business Description

Traded in Other Exchanges
N/A
Address
2, Mipo 1-gil, Dong-Gu, Ulsan, KOR, 682-801
Korea Movenex Co Ltd engages in the provision of automobile parts, flanges, industrial machinery and advertising/broadcast services. It offers automobile parts, including half shaft and front axle assemblies for passenger cars; and front axle and brake assemblies for buses and trucks. The company also provides engine parts of automobiles comprising crank and cam shafts, hubs, differential gears, spindles, and connecting rods; and carbon steel, non-steel, ANSI, AWWA, API, MSS, welding neck, threeded, slip-on, lap joint, blind, and socket welding flanges. In addition, it offers industrial vessel engine bases and frames, vessel and steel structures, press containers of chemical factories, and bridge and construction-related works.

Korea Movenex Co (XKRX:010100) Headlines

No Headlines