Top Glove Bhd (Top Glove Bhd) Net Margin %

: -7.19% (As of Feb. 2024)

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Net margin is calculated as Net Income divided by its Revenue. Top Glove Bhd's Net Income for the three months ended in Feb. 2024 was $-8.3 Mil. Top Glove Bhd's Revenue for the three months ended in Feb. 2024 was $115.5 Mil. Therefore, Top Glove Bhd's net margin for the quarter that ended in Feb. 2024 was -7.19%.

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

TPGVF' s Net Margin % Range Over the Past 10 Years
Min: -38.92 Med: 9.93 Max: 47.44
Current: -31.92

TPGVF's Net Margin % is ranked worse than
65.77% of 818 companies
in the Medical Devices & Instruments industry
Industry Median: 0.045 vs TPGVF: -31.92

Top Glove Bhd Net Margin % Historical Data

The historical data trend for Top Glove 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.

Top Glove Bhd Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Net Margin %

7.60

24.57

47.44

4.95

-38.92

Top Glove Bhd Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Net Margin %																-24.79	-22.40	-94.52	-9.34	-7.19

Competitive Comparison

For the Medical Instruments & Supplies subindustry, Top Glove 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.

Top Glove Bhd Net Margin % Distribution

For the Medical Devices & Instruments industry and Healthcare sector, Top Glove Bhd's Net Margin % distribution charts can be found below:

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

Top Glove 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.

Top Glove Bhd's Net Margin for the fiscal year that ended in Aug. 2023 is calculated as

Net Margin	=	Net Income (A: Aug. 2023 )	/	Revenue (A: Aug. 2023 )
	=	-190.633	/	489.753
	=	-38.92 %

Top Glove Bhd's Net Margin for the quarter that ended in Feb. 2024 is calculated as

Net Margin	=	Net Income (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	-8.305	/	115.483
	=	-7.19 %

Top Glove Bhd (OTCPK:TPGVF) 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.

Top Glove Bhd Net Margin % Related Terms

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Top Glove Bhd (Top Glove Bhd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Top Glove Corp Bhd (OTCPK:TPGVF) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

TGLVY:USA BVA:Singapore 7113:Malaysia

Address

16, Persiaran Setia Dagang, Top Glove Tower, Level 21, Setia Alam, Seksyen U13, Shah Alam, SGR, MYS, 40170

Website

https://www.topglove.com

Top Glove Corp Bhd manufactures and sells gloves through several product lines to a diverse group of world-wide customers. Some of the different glove options include latex, nitrile, vinyl, PE, Polychloroprene, Polyisoprene, Flexylon, HDPE and surgical. Top Glove's products are utilized in an array of end markets such as aerospace, food, Personal care, medical care, oral care and home care. Traditionally, the company has derived over half of its sales from its nitrile and powdered latex product lines, with customers in North America and Europe generating the majority demand.

Top Glove Bhd (Top Glove Bhd) Headlines

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