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Lotte Chemical (XKRX:011170) Net Margin % : -1.68% (As of Mar. 2024)


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What is Lotte Chemical Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Lotte Chemical's Net Income for the three months ended in Mar. 2024 was ₩-85,486 Mil. Lotte Chemical's Revenue for the three months ended in Mar. 2024 was ₩5,086,124 Mil. Therefore, Lotte Chemical's net margin for the quarter that ended in Mar. 2024 was -1.68%.

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

XKRX:011170' s Net Margin % Range Over the Past 10 Years
Min: -1.37   Med: 6.05   Max: 14.14
Current: -1.37


XKRX:011170's Net Margin % is ranked worse than
77.86% of 1531 companies
in the Chemicals industry
Industry Median: 4.1 vs XKRX:011170: -1.37

Lotte Chemical Net Margin % Historical Data

The historical data trend for Lotte Chemical'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.

Lotte Chemical Net Margin % Chart

Lotte Chemical Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.73 1.30 7.36 0.28 -0.25

Lotte Chemical Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.82 -2.10 0.78 -2.35 -1.68

Competitive Comparison of Lotte Chemical's Net Margin %

For the Chemicals subindustry, Lotte Chemical'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.


Lotte Chemical's Net Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lotte Chemical's Net Margin % distribution charts can be found below:

* The bar in red indicates where Lotte Chemical's Net Margin % falls into.



Lotte Chemical 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.

Lotte Chemical'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 )
=-50043.098/19946396.63
=-0.25 %

Lotte Chemical'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 )
=-85486.241/5086124.358
=-1.68 %

* 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.


Lotte Chemical  (XKRX:011170) 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.


Lotte Chemical Net Margin % Related Terms

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Lotte Chemical (XKRX:011170) Business Description

Traded in Other Exchanges
N/A
Address
300 Olympic-ro, 14th Floor-16th Floor, Lotte World Tower, Songpa-gu, Seoul, KOR
Lotte Chemical Corp is one of the largest chemical companies in Asia. It manufactures a variety of chemicals which include polyethylene, polypropylene, functional resin, ethylene oxide/ethylene glycol, butadiene, benzene, and Toluene. Its products are used in various industry applications such as coating materials, automotive parts, and detergent.

Lotte Chemical (XKRX:011170) Headlines

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