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Best Precision Industrial Co (ROCO:6859) Net Margin % : 26.41% (As of Mar. 2024)


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What is Best Precision Industrial Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Best Precision Industrial Co's Net Income for the three months ended in Mar. 2024 was NT$35.4 Mil. Best Precision Industrial Co's Revenue for the three months ended in Mar. 2024 was NT$134.2 Mil. Therefore, Best Precision Industrial Co's net margin for the quarter that ended in Mar. 2024 was 26.41%.

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

ROCO:6859' s Net Margin % Range Over the Past 10 Years
Min: 12.63   Med: 14.74   Max: 23.11
Current: 15.36


ROCO:6859's Net Margin % is ranked better than
87.85% of 2963 companies
in the Industrial Products industry
Industry Median: 5.21 vs ROCO:6859: 15.36

Best Precision Industrial Co Net Margin % Historical Data

The historical data trend for Best Precision 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.

Best Precision Industrial Co Net Margin % Chart

Best Precision Industrial Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
14.74 12.78 16.18 23.11 12.63

Best Precision Industrial Co Quarterly Data
Dec19 Jun20 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 11.96 27.26 25.67 -40.54 26.41

Competitive Comparison of Best Precision Industrial Co's Net Margin %

For the Metal Fabrication subindustry, Best Precision 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.


Best Precision Industrial Co's Net Margin % Distribution in the Industrial Products Industry

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

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



Best Precision 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.

Best Precision 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 )
=100.016/791.828
=12.63 %

Best Precision 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 )
=35.446/134.189
=26.41 %

* 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.


Best Precision Industrial Co  (ROCO:6859) 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.


Best Precision Industrial Co Net Margin % Related Terms

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Best Precision Industrial Co (ROCO:6859) Business Description

Traded in Other Exchanges
N/A
Address
No.35, Ln. 87, Section 1, Tanfu Road, Tanzih District, Taichung, TWN, 42753
Best Precision Industrial Co Ltd manufactures and distributes high precision molds and components. It products are high precision components used in optics related industries including optical molds, optical components and others.

Best Precision Industrial Co (ROCO:6859) Headlines

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