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Minami Acoustics (SZSE:301383) Net Margin % : 9.74% (As of Mar. 2024)


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What is Minami Acoustics Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Minami Acoustics's Net Income for the three months ended in Mar. 2024 was ¥40 Mil. Minami Acoustics's Revenue for the three months ended in Mar. 2024 was ¥414 Mil. Therefore, Minami Acoustics's net margin for the quarter that ended in Mar. 2024 was 9.74%.

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

SZSE:301383' s Net Margin % Range Over the Past 10 Years
Min: 1.49   Med: 5.97   Max: 9.34
Current: 8.29


SZSE:301383's Net Margin % is ranked better than
74.62% of 2463 companies
in the Hardware industry
Industry Median: 2.76 vs SZSE:301383: 8.29

Minami Acoustics Net Margin % Historical Data

The historical data trend for Minami Acoustics'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.

Minami Acoustics Net Margin % Chart

Minami Acoustics Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 1.49 6.00 9.34 5.94 7.75

Minami Acoustics Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 7.02 7.69 9.90 5.64 9.74

Competitive Comparison of Minami Acoustics's Net Margin %

For the Consumer Electronics subindustry, Minami Acoustics'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.


Minami Acoustics's Net Margin % Distribution in the Hardware Industry

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

* The bar in red indicates where Minami Acoustics's Net Margin % falls into.



Minami Acoustics 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.

Minami Acoustics'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 )
=136.097/1755.919
=7.75 %

Minami Acoustics'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 )
=40.347/414.064
=9.74 %

* 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.


Minami Acoustics  (SZSE:301383) 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.


Minami Acoustics Net Margin % Related Terms

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Minami Acoustics (SZSE:301383) Business Description

Traded in Other Exchanges
N/A
Address
No. 66, Baokuang Road, Shangou Industrial Zone, Yudu County, Jiangxi, Ganzhou, CHN, 342300
Minami Acoustics Ltd focuses on the research & development, production and sales of electroacoustic components and accessories, and has production and manufacturing bases in Zhongshan, Yudu and Malaysia respectively. The main business is the research and development, manufacturing and sales of micro electroacoustic components, consumer, industrial and vehicle-mounted electroacoustic products, and health acoustic products.

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