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Triocean Industrial Co (TPE:1472) Net Margin % : 8.36% (As of Mar. 2024)


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What is Triocean Industrial Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Triocean Industrial Co's Net Income for the three months ended in Mar. 2024 was NT$48 Mil. Triocean Industrial Co's Revenue for the three months ended in Mar. 2024 was NT$573 Mil. Therefore, Triocean Industrial Co's net margin for the quarter that ended in Mar. 2024 was 8.36%.

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

TPE:1472' s Net Margin % Range Over the Past 10 Years
Min: -1014.74   Med: -4.63   Max: 12.24
Current: 8


TPE:1472's Net Margin % is ranked better than
74.23% of 1044 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.59 vs TPE:1472: 8.00

Triocean Industrial Co Net Margin % Historical Data

The historical data trend for Triocean Industrial 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.

Triocean Industrial Co Net Margin % Chart

Triocean Industrial 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 12.24 -1,014.74 -4.54 0.32 7.29

Triocean Industrial 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 3.47 3.96 11.47 8.11 8.36

Competitive Comparison of Triocean Industrial Co's Net Margin %

For the Textile Manufacturing subindustry, Triocean Industrial 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.


Triocean Industrial Co's Net Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Triocean Industrial Co's Net Margin % distribution charts can be found below:

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



Triocean Industrial 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.

Triocean Industrial 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 )
=141.98/1947.532
=7.29 %

Triocean Industrial 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 )
=47.931/573.312
=8.36 %

* 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.


Triocean Industrial Co  (TPE:1472) 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.


Triocean Industrial Co Net Margin % Related Terms

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Triocean Industrial Co (TPE:1472) Business Description

Traded in Other Exchanges
N/A
Address
No. 360, Jiabao Road, 3rd Floor, Dashe District, Kaohsiung, TWN, 802
Triocean Industrial Corp Co Ltd, formerly Tri Ocean Textile Co Ltd is a Taiwan-based company that operates in the textile manufacturing industry. It is engaged in producing polypropylene filament yarns and fabrics.

Triocean Industrial Co (TPE:1472) Headlines

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