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Wcon Electronics (Guangdong) Co (SZSE:301328) Net Margin % : 18.11% (As of Mar. 2024)


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What is Wcon Electronics (Guangdong) Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Wcon Electronics (Guangdong) Co's Net Income for the three months ended in Mar. 2024 was ¥18.2 Mil. Wcon Electronics (Guangdong) Co's Revenue for the three months ended in Mar. 2024 was ¥100.4 Mil. Therefore, Wcon Electronics (Guangdong) Co's net margin for the quarter that ended in Mar. 2024 was 18.11%.

The historical rank and industry rank for Wcon Electronics (Guangdong) Co's Net Margin % or its related term are showing as below:

SZSE:301328' s Net Margin % Range Over the Past 10 Years
Min: 11.58   Med: 22.83   Max: 26.79
Current: 21.37


SZSE:301328's Net Margin % is ranked better than
95.05% of 2463 companies
in the Hardware industry
Industry Median: 2.73 vs SZSE:301328: 21.37

Wcon Electronics (Guangdong) Co Net Margin % Historical Data

The historical data trend for Wcon Electronics (Guangdong) 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.

Wcon Electronics (Guangdong) Co Net Margin % Chart

Wcon Electronics (Guangdong) Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 18.72 22.33 24.52 23.33 26.79

Wcon Electronics (Guangdong) Co Quarterly Data
Dec18 Dec19 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 41.57 21.12 21.41 24.34 18.11

Competitive Comparison of Wcon Electronics (Guangdong) Co's Net Margin %

For the Electronic Components subindustry, Wcon Electronics (Guangdong) 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.


Wcon Electronics (Guangdong) Co's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wcon Electronics (Guangdong) Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Wcon Electronics (Guangdong) Co's Net Margin % falls into.



Wcon Electronics (Guangdong) 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.

Wcon Electronics (Guangdong) 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 )
=130.355/486.634
=26.79 %

Wcon Electronics (Guangdong) 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 )
=18.178/100.376
=18.11 %

* 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.


Wcon Electronics (Guangdong) Co  (SZSE:301328) 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.


Wcon Electronics (Guangdong) Co Net Margin % Related Terms

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Wcon Electronics (Guangdong) Co (SZSE:301328) Business Description

Traded in Other Exchanges
N/A
Address
01A, Changxing Road, Ludong Community, Humen Town, Guangdong Province, Dongguan, CHN, 523935
Wcon Electronics (Guangdong) Co Ltd is engaged in the research and development, design, production and sales of industrial control connectors, automotive connectors and new energy connectors.

Wcon Electronics (Guangdong) Co (SZSE:301328) Headlines

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