GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ecovacs Robotics Co Ltd (SHSE:603486) » Definitions » Net Margin %

Ecovacs Robotics Co (SHSE:603486) Net Margin % : 8.57% (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Ecovacs Robotics Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Ecovacs Robotics Co's Net Income for the three months ended in Mar. 2024 was ¥298 Mil. Ecovacs Robotics Co's Revenue for the three months ended in Mar. 2024 was ¥3,474 Mil. Therefore, Ecovacs Robotics Co's net margin for the quarter that ended in Mar. 2024 was 8.57%.

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

SHSE:603486' s Net Margin % Range Over the Past 10 Years
Min: 1.56   Med: 7.53   Max: 15.36
Current: 3.71


SHSE:603486's Net Margin % is ranked worse than
51.9% of 420 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.985 vs SHSE:603486: 3.71

Ecovacs Robotics Co Net Margin % Historical Data

The historical data trend for Ecovacs Robotics 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.

Ecovacs Robotics Co Net Margin % Chart

Ecovacs Robotics Co 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 2.27 8.86 15.36 11.08 3.95

Ecovacs Robotics Co 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 10.08 6.60 0.58 0.17 8.57

Competitive Comparison of Ecovacs Robotics Co's Net Margin %

For the Furnishings, Fixtures & Appliances subindustry, Ecovacs Robotics 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.


Ecovacs Robotics Co's Net Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

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

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



Ecovacs Robotics 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.

Ecovacs Robotics Co'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 )
=612.075/15502.074
=3.95 %

Ecovacs Robotics 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 )
=297.737/3474.107
=8.57 %

* 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.


Ecovacs Robotics Co  (SHSE:603486) 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.


Ecovacs Robotics Co Net Margin % Related Terms

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


Ecovacs Robotics Co (SHSE:603486) Business Description

Traded in Other Exchanges
N/A
Address
No. 108 Shihu West Road, Wuzhong District, Suzhou, CHN, 215168
Ecovacs Robotics Co Ltd is primarily involved in the design, manufacture, and sale of robotic products. Its products include DEEBOT, a floor-cleaning robot; WINBOT, a window-cleaning robot; ATMOBOT, a mobile air-purifier robot; and BENEBOT, a shopping assistance robot. Ecovacs Robotics has expanded from its home market in China establishing strong sales subsidiaries in Japan, Germany and the U.S. In addition, the company has also expanded sales into a number of other major markets and regions including: Canada, the Czech Republic, France, Iran, Malaysia, Poland, Spain, Switzerland, and many more.

Ecovacs Robotics Co (SHSE:603486) Headlines

No Headlines