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GigaCloud Technology (GigaCloud Technology) Net Margin % : 14.54% (As of Dec. 2023)


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What is GigaCloud Technology Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. GigaCloud Technology's Net Income for the three months ended in Dec. 2023 was $35.6 Mil. GigaCloud Technology's Revenue for the three months ended in Dec. 2023 was $244.7 Mil. Therefore, GigaCloud Technology's net margin for the quarter that ended in Dec. 2023 was 14.54%.

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

GCT' s Net Margin % Range Over the Past 10 Years
Min: 2.34   Med: 7.06   Max: 13.6
Current: 13.37


GCT's Net Margin % is ranked better than
83.27% of 2762 companies
in the Software industry
Industry Median: 1.71 vs GCT: 13.37

GigaCloud Technology Net Margin % Historical Data

The historical data trend for GigaCloud Technology'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.

GigaCloud Technology Net Margin % Chart

GigaCloud Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
2.34 13.60 7.06 4.89 13.37

GigaCloud Technology Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 9.93 12.47 12.01 13.58 14.54

Competitive Comparison of GigaCloud Technology's Net Margin %

For the Software - Infrastructure subindustry, GigaCloud Technology'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.


GigaCloud Technology's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, GigaCloud Technology's Net Margin % distribution charts can be found below:

* The bar in red indicates where GigaCloud Technology's Net Margin % falls into.



GigaCloud Technology 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.

GigaCloud Technology'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 )
=94.108/703.831
=13.37 %

GigaCloud Technology's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=35.575/244.737
=14.54 %

* 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.


GigaCloud Technology  (NAS:GCT) 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.


GigaCloud Technology Net Margin % Related Terms

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GigaCloud Technology (GigaCloud Technology) Business Description

Traded in Other Exchanges
N/A
Address
24-30 Ice House Street, Unit A, 12th Floor, Shun Ho Tower, Central, Hong Kong, HKG
GigaCloud Technology Inc end-to-end B2B e-commerce solutions for large parcel merchandise. Its B2B e-commerce platform, which refers to as the GigaCloud Marketplace, integrates everything from discovery, payments, and logistics tools into one easy-to-use platform. It offers online and offline integrated cross-border transaction and delivery services for furniture and large merchandise. Its marketplace seamlessly connects manufacturers in Asia, with resellers in the U.S., Asia, and Europe, to execute cross-border transactions with confidence, speed, and efficiency. It offers a truly comprehensive solution that transports products from the manufacturer's warehouse to end customers, all at one fixed price.

GigaCloud Technology (GigaCloud Technology) Headlines

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