GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lotes Co Ltd (TPE:3533) » Definitions » Net Margin %

Lotes Co (TPE:3533) Net Margin % : 32.62% (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Lotes Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Lotes Co's Net Income for the three months ended in Mar. 2024 was NT$2,070 Mil. Lotes Co's Revenue for the three months ended in Mar. 2024 was NT$6,348 Mil. Therefore, Lotes Co's net margin for the quarter that ended in Mar. 2024 was 32.62%.

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

TPE:3533' s Net Margin % Range Over the Past 10 Years
Min: 7.79   Med: 12.53   Max: 28.18
Current: 28.18


TPE:3533's Net Margin % is ranked better than
97.16% of 2463 companies
in the Hardware industry
Industry Median: 2.76 vs TPE:3533: 28.18

Lotes Co Net Margin % Historical Data

The historical data trend for Lotes 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.

Lotes Co Net Margin % Chart

Lotes Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.08 13.76 15.80 16.23 23.08

Lotes Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 20.63 20.63 22.45 28.89 32.62

Competitive Comparison of Lotes Co's Net Margin %

For the Electronic Components subindustry, Lotes 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.


Lotes Co's Net Margin % Distribution in the Hardware Industry

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

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



Lotes 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.

Lotes Co's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=6254.263/27099.134
=23.08 %

Lotes 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 )
=2070.458/6347.836
=32.62 %

* 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.


Lotes Co  (TPE:3533) 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.


Lotes Co Net Margin % Related Terms

Thank you for viewing the detailed overview of Lotes Co's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Lotes Co (TPE:3533) Business Description

Traded in Other Exchanges
N/A
Address
No. 15, Wuxun Street, Anle District, Keelung, TWN, 204
Lotes Co Ltd is a Taiwan-based manufacturer of precision electronic interconnect components and hardware. Its connectors and other electronic components are used in the manufacture of notebooks, desktop computers, communication devices, mobile phones, and other products. It distributes its products within the domestic market and overseas markets.

Lotes Co (TPE:3533) Headlines

No Headlines