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Cenit Co (XKRX:037760) Net Margin % : 3.45% (As of Jun. 2024)


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What is Cenit Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Cenit Co's Net Income for the three months ended in Jun. 2024 was ₩1,343 Mil. Cenit Co's Revenue for the three months ended in Jun. 2024 was ₩38,908 Mil. Therefore, Cenit Co's net margin for the quarter that ended in Jun. 2024 was 3.45%.

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

XKRX:037760' s Net Margin % Range Over the Past 10 Years
Min: 1.53   Med: 5.58   Max: 9.37
Current: 1.53


XKRX:037760's Net Margin % is ranked worse than
59.87% of 618 companies
in the Steel industry
Industry Median: 2.485 vs XKRX:037760: 1.53

Cenit Co Net Margin % Historical Data

The historical data trend for Cenit 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.

Cenit Co Net Margin % Chart

Cenit 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 1.92 9.37 7.07 5.40 2.04

Cenit Co 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 3.69 3.16 -0.09 -0.77 3.45

Competitive Comparison of Cenit Co's Net Margin %

For the Steel subindustry, Cenit 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.


Cenit Co's Net Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Cenit Co's Net Margin % distribution charts can be found below:

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



Cenit 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.

Cenit 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 )
=2868.077/140357.557
=2.04 %

Cenit Co'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 )
=1342.821/38908.081
=3.45 %

* 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.


Cenit Co  (XKRX:037760) 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.


Cenit Co Net Margin % Related Terms

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Cenit Co Business Description

Traded in Other Exchanges
N/A
Address
1344-21 Seocho-dong, 2F Ilsuk Building, Seocho-gu, Seoul, KOR
Cenit Co Ltd is involved in manufacturing and selling cold-rolled stainless-steel coils and straps in South Korea. It offers stainless steel coils in a range of sizes and grades to electronics, construction, household appliances, automotive vehicles, and industrial equipment industries.

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