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Sungeel Hitech Co (XKRX:365340) Net Margin % : -32.10% (As of Mar. 2024)


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What is Sungeel Hitech Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Sungeel Hitech Co's Net Income for the three months ended in Mar. 2024 was ₩-10,807 Mil. Sungeel Hitech Co's Revenue for the three months ended in Mar. 2024 was ₩33,666 Mil. Therefore, Sungeel Hitech Co's net margin for the quarter that ended in Mar. 2024 was -32.10%.

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

XKRX:365340' s Net Margin % Range Over the Past 10 Years
Min: -29.65   Med: -4.54   Max: 14.56
Current: 3.39


XKRX:365340's Net Margin % is ranked worse than
59.99% of 2964 companies
in the Industrial Products industry
Industry Median: 5.215 vs XKRX:365340: 3.39

Sungeel Hitech Co Net Margin % Historical Data

The historical data trend for Sungeel Hitech 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.

Sungeel Hitech Co Net Margin % Chart

Sungeel Hitech Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
-29.65 -4.54 -5.97 14.56 10.02

Sungeel Hitech Co Quarterly Data
Mar21 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 8.86 19.89 -15.96 33.21 -32.10

Competitive Comparison of Sungeel Hitech Co's Net Margin %

For the Electrical Equipment & Parts subindustry, Sungeel Hitech 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.


Sungeel Hitech Co's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sungeel Hitech Co's Net Margin % distribution charts can be found below:

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



Sungeel Hitech 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.

Sungeel Hitech 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 )
=24796.603/247367.787
=10.02 %

Sungeel Hitech 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 )
=-10806.745/33666.07
=-32.10 %

* 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.


Sungeel Hitech Co  (XKRX:365340) 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.


Sungeel Hitech Co Net Margin % Related Terms

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Sungeel Hitech Co (XKRX:365340) Business Description

Traded in Other Exchanges
N/A
Address
143-12, Gunsansandan-ro, Jeollabuk-do, Bieungdo-dong, Gunsan-si, KOR
Sungeel Hitech Co Ltd operates as a battery recycling company. The company provides lithium-ion battery recycling, sustainable rechargeable battery recycling, waste batteries full circulatory recycling, and circulation services. It also engages in producing high-purity battery materials such as nickel, cobalt, lithium, and others from the battery powder.

Sungeel Hitech Co (XKRX:365340) Headlines

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