WANG & LEE Group (WANG & LEE Group) Net Margin % : -113.01% (As of Jun. 2023)

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What is WANG & LEE Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. WANG & LEE Group's Net Income for the six months ended in Jun. 2023 was $-1.62 Mil. WANG & LEE Group's Revenue for the six months ended in Jun. 2023 was $1.44 Mil. Therefore, WANG & LEE Group's net margin for the quarter that ended in Jun. 2023 was -113.01%.

The historical rank and industry rank for WANG & LEE Group's Net Margin % or its related term are showing as below:

WLGS' s Net Margin % Range Over the Past 10 Years
Min: -14.32 Med: -8.59 Max: 6.82
Current: -4.81

WLGS's Net Margin % is ranked worse than
82.54% of 1655 companies
in the Construction industry
Industry Median: 3.18 vs WLGS: -4.81

WANG & LEE Group Net Margin % Historical Data

The historical data trend for WANG & LEE Group'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.

WANG & LEE Group Net Margin % Chart

WANG & LEE Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Net Margin %

6.82

-8.59

-14.32

-4.81

WANG & LEE Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial			-22.12	-19.36	-12.16	-113.01	24.05

Competitive Comparison of WANG & LEE Group's Net Margin %

For the Engineering & Construction subindustry, WANG & LEE Group'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.

WANG & LEE Group's Net Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, WANG & LEE Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where WANG & LEE Group's Net Margin % falls into.

WANG & LEE Group 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.

WANG & LEE Group'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 )
	=	-0.597	/	4.17
	=	-14.32 %

WANG & LEE Group's Net Margin for the quarter that ended in Jun. 2023 is calculated as

Net Margin	=	Net Income (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	-1.624	/	1.437
	=	-113.01 %

WANG & LEE Group (NAS:WLGS) 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.

WANG & LEE Group Net Margin % Related Terms

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WANG & LEE Group (WANG & LEE Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » WANG & LEE Group Inc (NAS:WLGS) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Tai Yip Street, 5th Floor, Wing Tai Factory Building, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.wangnlee.com.hk

WANG & LEE Group Inc operates as an investment holding company. The firm conducts its primary operations through its indirectly wholly owned subsidiary WANG and LEE CONTRACTING LIMITED (WLHK). WLHK provides contract engineering, installation, and out-fitting of the following products and services: low voltage (220v/phase 1 or 380v/phase 3) electrical systems, mechanical ventilation and air-conditioning systems (MVAC), fire safety systems, and water supply and sewage disposal systems.

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