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High-Tek Harness Enterprise Co (ROCO:3202) Net Margin %

: -1.95% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. High-Tek Harness Enterprise Co's Net Income for the three months ended in Dec. 2023 was NT$-26 Mil. High-Tek Harness Enterprise Co's Revenue for the three months ended in Dec. 2023 was NT$1,340 Mil. Therefore, High-Tek Harness Enterprise Co's net margin for the quarter that ended in Dec. 2023 was -1.95%.

The historical rank and industry rank for High-Tek Harness Enterprise Co's Net Margin % or its related term are showing as below:

ROCO:3202' s Net Margin % Range Over the Past 10 Years
Min: -3.8   Med: -1.14   Max: 2.11
Current: -1.4


ROCO:3202's Net Margin % is ranked worse than
78.73% of 2972 companies
in the Industrial Products industry
Industry Median: 5.23 vs ROCO:3202: -1.40

High-Tek Harness Enterprise Co Net Margin % Historical Data

The historical data trend for High-Tek Harness Enterprise 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.

High-Tek Harness Enterprise Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.27 -3.80 0.79 -1.46 -1.39

High-Tek Harness Enterprise Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % 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 Premium Member Only Premium Member Only Premium Member Only -3.94 -1.00 -0.21 -2.23 -1.95

Competitive Comparison

For the Electrical Equipment & Parts subindustry, High-Tek Harness Enterprise 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.


High-Tek Harness Enterprise Co Net Margin % Distribution

For the Industrial Products industry and Industrials sector, High-Tek Harness Enterprise Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where High-Tek Harness Enterprise Co's Net Margin % falls into.



High-Tek Harness Enterprise 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.

High-Tek Harness Enterprise 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 )
=-70.263/5037.518
=-1.39 %

High-Tek Harness Enterprise Co's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-26.069/1339.866
=-1.95 %

* 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.


High-Tek Harness Enterprise Co  (ROCO:3202) 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.


High-Tek Harness Enterprise Co Net Margin % Related Terms

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High-Tek Harness Enterprise Co (ROCO:3202) Business Description

Traded in Other Exchanges
N/A
Address
4F, 16, Lane 50, Section 3, Nan-Kang Road, Nangang District, Taipei, TWN, 11510
High-Tek Harness Enterprise Co Ltd is engaged in the design, development, and manufacturing of wire harness and micro-coaxial cable assemblies in Taiwan. Its segments include Electronic Division, Engineering Trade Division and Other Departments. It derives the majority of its revenue from the Electronic Division.

High-Tek Harness Enterprise Co (ROCO:3202) Headlines

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