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Edifier Technology Co (SZSE:002351) Net Margin % : 16.10% (As of Mar. 2024)


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What is Edifier Technology Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Edifier Technology Co's Net Income for the three months ended in Mar. 2024 was ¥109 Mil. Edifier Technology Co's Revenue for the three months ended in Mar. 2024 was ¥679 Mil. Therefore, Edifier Technology Co's net margin for the quarter that ended in Mar. 2024 was 16.10%.

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

SZSE:002351' s Net Margin % Range Over the Past 10 Years
Min: 6.06   Med: 13.26   Max: 16
Current: 16


SZSE:002351's Net Margin % is ranked better than
90.3% of 2464 companies
in the Hardware industry
Industry Median: 2.68 vs SZSE:002351: 16.00

Edifier Technology Co Net Margin % Historical Data

The historical data trend for Edifier Technology 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.

Edifier Technology Co Net Margin % Chart

Edifier Technology 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 9.88 14.27 13.70 11.13 15.58

Edifier Technology 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 14.04 15.18 15.32 17.10 16.10

Competitive Comparison of Edifier Technology Co's Net Margin %

For the Consumer Electronics subindustry, Edifier Technology 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.


Edifier Technology Co's Net Margin % Distribution in the Hardware Industry

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

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



Edifier Technology 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.

Edifier Technology 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 )
=419.602/2693.636
=15.58 %

Edifier Technology 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 )
=109.308/679.057
=16.10 %

* 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.


Edifier Technology Co  (SZSE:002351) 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.


Edifier Technology Co Net Margin % Related Terms

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Edifier Technology Co (SZSE:002351) Business Description

Traded in Other Exchanges
N/A
Address
No.9998 Shennan Road, Unit 9, 22nd Floor, Wanlida Technology Building, Science and Technology Park, Nanshan District, Guangdong, Shenzhen, CHN, 518057
Edifier Technology Co Ltd, a Chinese company, is principally engaged in the research and development of audio technology and its product applications. The company's core business products are professional multimedia audio and home audio equipment. It offers headphones, bookshelf speakers, computer speakers, TV and Home theater, sound bar, and other products. It sells its products in China and other countries.

Edifier Technology Co (SZSE:002351) Headlines

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