Synergy House Bhd (XKLS:0279) Net Margin % : 10.77% (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Synergy House Bhd Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Synergy House Bhd's Net Income for the three months ended in Mar. 2024 was RM9.0 Mil. Synergy House Bhd's Revenue for the three months ended in Mar. 2024 was RM83.7 Mil. Therefore, Synergy House Bhd's net margin for the quarter that ended in Mar. 2024 was 10.77%.

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

XKLS:0279' s Net Margin % Range Over the Past 10 Years
Min: 7.81 Med: 9.77 Max: 11.1
Current: 11.1

XKLS:0279's Net Margin % is ranked better than
84.93% of 418 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.035 vs XKLS:0279: 11.10

Synergy House Bhd Net Margin % Historical Data

The historical data trend for Synergy House Bhd'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.

Synergy House Bhd Net Margin % Chart

Synergy House Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

9.77

9.85

7.81

8.57

10.05

Synergy House Bhd Quarterly Data
	Dec19	Dec20	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial				5.08	10.57	11.65	11.31	10.77

Competitive Comparison of Synergy House Bhd's Net Margin %

For the Furnishings, Fixtures & Appliances subindustry, Synergy House Bhd'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.

Synergy House Bhd's Net Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Synergy House Bhd's Net Margin % distribution charts can be found below:

* The bar in red indicates where Synergy House Bhd's Net Margin % falls into.

Synergy House Bhd 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.

Synergy House Bhd'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 )
	=	27.148	/	270.172
	=	10.05 %

Synergy House Bhd'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 )
	=	9.013	/	83.677
	=	10.77 %

Synergy House Bhd (XKLS:0279) 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.

Synergy House Bhd Net Margin % Related Terms

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

Synergy House Bhd (XKLS:0279) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Synergy House Bhd (XKLS:0279) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 16, Persiaran Setia Dagang, Lot 18.A & 18.B & Lot 19.A, Level 18 & 19, Top Glove Tower, Seksyen U13, Bandar Setia Alam, Shah Alam, SGR, MYS, 40170

Website

https://www.synergyhouseberhad.com

Synergy House Bhd is an investment holding company and through its Subsidiaries, It is principally involved in the design, development and sale of RTA home furniture. RTA a home furniture is a form of furniture where furniture parts are in flat-packed form for ease of storage and transportation. RTA home furniture requires customers to assemble themselves upon purchase. It sells its RTA home furniture to online retailers, chain-store retailers, and wholesalers via a B2B sales model, as well as directly to end-consumers through Its in-house online store and third-party e-commerce platforms via a B2C sales model.

Synergy House Bhd (XKLS:0279) Headlines

No Headlines