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Radiant Opto-Electronics (TPE:6176) Net Margin % : 17.96% (As of Mar. 2024)


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What is Radiant Opto-Electronics Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Radiant Opto-Electronics's Net Income for the three months ended in Mar. 2024 was NT$1,945 Mil. Radiant Opto-Electronics's Revenue for the three months ended in Mar. 2024 was NT$10,827 Mil. Therefore, Radiant Opto-Electronics's net margin for the quarter that ended in Mar. 2024 was 17.96%.

The historical rank and industry rank for Radiant Opto-Electronics's Net Margin % or its related term are showing as below:

TPE:6176' s Net Margin % Range Over the Past 10 Years
Min: 5.62   Med: 9.22   Max: 14.2
Current: 14.2


TPE:6176's Net Margin % is ranked better than
87.87% of 2464 companies
in the Hardware industry
Industry Median: 2.835 vs TPE:6176: 14.20

Radiant Opto-Electronics Net Margin % Historical Data

The historical data trend for Radiant Opto-Electronics'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.

Radiant Opto-Electronics Net Margin % Chart

Radiant Opto-Electronics 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 10.46 9.32 9.12 11.46 11.97

Radiant Opto-Electronics 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 7.96 18.88 16.72 3.48 17.96

Competitive Comparison of Radiant Opto-Electronics's Net Margin %

For the Electronic Components subindustry, Radiant Opto-Electronics'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.


Radiant Opto-Electronics's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Radiant Opto-Electronics's Net Margin % distribution charts can be found below:

* The bar in red indicates where Radiant Opto-Electronics's Net Margin % falls into.



Radiant Opto-Electronics 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.

Radiant Opto-Electronics'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 )
=5275.963/44088.58
=11.97 %

Radiant Opto-Electronics'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 )
=1944.823/10827.18
=17.96 %

* 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.


Radiant Opto-Electronics  (TPE:6176) 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.


Radiant Opto-Electronics Net Margin % Related Terms

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Radiant Opto-Electronics (TPE:6176) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Central 6th Road, Qianzhen District, Kaohsiung City, TWN
Radiant Opto-Electronics Corp is a Taiwan-based company that is principally engaged in designing, manufacturing, assembling, and marketing backlight modules. The Group has two reportable segments: the domestic segment and Mainland China segment. The domestic segment engages in the manufacture and sale of light guide plates, backlight modules for LCDs, and lighting component. The Mainland China segment uses the technologies provided by the domestic segment to develop new designs of products according to the demands of various customers. Majority of revenue is generated from Mainland China.

Radiant Opto-Electronics (TPE:6176) Headlines

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