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Hokuriku Electric Industry Co (TSE:6989) Net Margin %

: 6.15% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Hokuriku Electric Industry Co's Net Income for the three months ended in Dec. 2023 was 円643 Mil. Hokuriku Electric Industry Co's Revenue for the three months ended in Dec. 2023 was 円10,450 Mil. Therefore, Hokuriku Electric Industry Co's net margin for the quarter that ended in Dec. 2023 was 6.15%.

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

TSE:6989' s Net Margin % Range Over the Past 10 Years
Min: 0.3   Med: 1.57   Max: 4.82
Current: 1.14


TSE:6989's Net Margin % is ranked worse than
59.81% of 2461 companies
in the Hardware industry
Industry Median: 2.83 vs TSE:6989: 1.14

Hokuriku Electric Industry Co Net Margin % Historical Data

The historical data trend for Hokuriku Electric Industry 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.

Hokuriku Electric Industry Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.72 1.71 1.36 4.82 1.42

Hokuriku Electric Industry 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 4.74 -15.05 6.75 7.72 6.15

Competitive Comparison

For the Electronic Components subindustry, Hokuriku Electric Industry 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.


Hokuriku Electric Industry Co Net Margin % Distribution

For the Hardware industry and Technology sector, Hokuriku Electric Industry Co's Net Margin % distribution charts can be found below:

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



Hokuriku Electric Industry 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.

Hokuriku Electric Industry Co's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin=Net Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=647/45459
=1.42 %

Hokuriku Electric Industry 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 )
=643/10450
=6.15 %

* 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.


Hokuriku Electric Industry Co  (TSE:6989) 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.


Hokuriku Electric Industry Co Net Margin % Related Terms

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Hokuriku Electric Industry Co (TSE:6989) Business Description

Traded in Other Exchanges
N/A
Address
3158 Shimo-okubo, Toyama, JPN, 939-2292
Hokuriku Electric Industry Co Ltd operates in development, manufacturing and sales of electronic components such as Resistors, Sensors, Modules Printed Circuit Boards, Piezoelectric Buzzers, Tactile Switches, Thermistors and Varistors.

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