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Ideal Bike (ROCO:8933) Net Margin % : -3.40% (As of Mar. 2024)


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What is Ideal Bike Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Ideal Bike's Net Income for the three months ended in Mar. 2024 was NT$-21 Mil. Ideal Bike's Revenue for the three months ended in Mar. 2024 was NT$627 Mil. Therefore, Ideal Bike's net margin for the quarter that ended in Mar. 2024 was -3.40%.

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

ROCO:8933' s Net Margin % Range Over the Past 10 Years
Min: -38.68   Med: 0.8   Max: 5.98
Current: -8.22


ROCO:8933's Net Margin % is ranked worse than
78.59% of 822 companies
in the Travel & Leisure industry
Industry Median: 4.91 vs ROCO:8933: -8.22

Ideal Bike Net Margin % Historical Data

The historical data trend for Ideal Bike'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.

Ideal Bike Net Margin % Chart

Ideal Bike 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 -5.92 0.28 1.79 5.98 -7.97

Ideal Bike 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 -4.96 -5.01 -4.12 -33.60 -3.40

Competitive Comparison of Ideal Bike's Net Margin %

For the Leisure subindustry, Ideal Bike'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.


Ideal Bike's Net Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Ideal Bike's Net Margin % distribution charts can be found below:

* The bar in red indicates where Ideal Bike's Net Margin % falls into.



Ideal Bike 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.

Ideal Bike'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 )
=-291.231/3654.553
=-7.97 %

Ideal Bike'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 )
=-21.358/627.449
=-3.40 %

* 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.


Ideal Bike  (ROCO:8933) 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.


Ideal Bike Net Margin % Related Terms

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Ideal Bike (ROCO:8933) Business Description

Traded in Other Exchanges
N/A
Address
No. 497, Gangbu Road, Section 1, Wuqi District, Taichung City, TWN, 435
Ideal Bike Corp is engaged in manufacturing and selling of bicycles. It offers indoor and outdoor sports cars, baby carriages, mini scooters, and parts. The company also manufactures agricultural machinery, steam locomotives, ships, aircraft, and other parts. Its reportable segments involve the Manufacturing (OEM) segment and Other segments.

Ideal Bike (ROCO:8933) Headlines

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