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GMB Korea (XKRX:013870) Net Margin % : 2.67% (As of Jun. 2024)


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What is GMB Korea Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. GMB Korea's Net Income for the three months ended in Jun. 2024 was ₩5,023 Mil. GMB Korea's Revenue for the three months ended in Jun. 2024 was ₩187,804 Mil. Therefore, GMB Korea's net margin for the quarter that ended in Jun. 2024 was 2.67%.

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

XKRX:013870' s Net Margin % Range Over the Past 10 Years
Min: -1.85   Med: 1.89   Max: 3.78
Current: 2.27


XKRX:013870's Net Margin % is ranked worse than
59.37% of 1302 companies
in the Vehicles & Parts industry
Industry Median: 3.505 vs XKRX:013870: 2.27

GMB Korea Net Margin % Historical Data

The historical data trend for GMB Korea'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.

GMB Korea Net Margin % Chart

GMB Korea 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 0.57 -1.85 1.84 1.94 1.67

GMB Korea Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.01 1.20 2.61 2.56 2.67

Competitive Comparison of GMB Korea's Net Margin %

For the Auto Parts subindustry, GMB Korea'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.


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

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

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



GMB Korea 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.

GMB Korea'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 )
=11524.733/690905.793
=1.67 %

GMB Korea's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=5022.779/187804.483
=2.67 %

* 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.


GMB Korea  (XKRX:013870) 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.


GMB Korea Net Margin % Related Terms

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


GMB Korea Business Description

Traded in Other Exchanges
N/A
Address
618, Ungnam-ro(Seongsan-dong), Seongsan-gu, Changwon-si, Gyeongsangnam-do, KOR, 642315
GMB Korea Corp manufactures parts and accessories for motor vehicles which include engine parts, auto parts, chassis parts, bearing parts, and green energy parts. Its products portfolio consists of water pumps, socket, oil pump, spool valve, hydraulic pressure piston, cage, tripped joint, ball bearing etc.

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