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Skyworth Group (HKSE:00751) Net Margin % : 2.09% (As of Dec. 2023)


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What is Skyworth Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Skyworth Group's Net Income for the six months ended in Dec. 2023 was HK$839 Mil. Skyworth Group's Revenue for the six months ended in Dec. 2023 was HK$40,176 Mil. Therefore, Skyworth Group's net margin for the quarter that ended in Dec. 2023 was 2.09%.

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

HKSE:00751' s Net Margin % Range Over the Past 10 Years
Min: 1.17   Med: 3.12   Max: 7.79
Current: 1.55


HKSE:00751's Net Margin % is ranked worse than
56.84% of 2465 companies
in the Hardware industry
Industry Median: 2.65 vs HKSE:00751: 1.55

Skyworth Group Net Margin % Historical Data

The historical data trend for Skyworth Group'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.

Skyworth Group Net Margin % Chart

Skyworth Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 3.59 3.21 1.55 1.55

Skyworth Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.32 1.40 1.67 0.93 2.09

Competitive Comparison of Skyworth Group's Net Margin %

For the Consumer Electronics subindustry, Skyworth Group'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.


Skyworth Group's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Skyworth Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Skyworth Group's Net Margin % falls into.



Skyworth Group 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.

Skyworth Group'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 )
=1169.25/75504.65
=1.55 %

Skyworth Group'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 )
=838.928/40175.592
=2.09 %

* 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.


Skyworth Group  (HKSE:00751) 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.


Skyworth Group Net Margin % Related Terms

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Skyworth Group (HKSE:00751) Business Description

Traded in Other Exchanges
Address
20 Westlands Road, Rooms 1601-04 Westlands Centre, Quarry Bay, Hong Kong, HKG
Skyworth Group Ltd is principally engaged in the manufacture and sales of smart TV systems, home access systems, smart white appliances, intelligent manufacturing, internet value-added services, property development, property holding, photovoltaic products, modern services, and trading of other products. The company has four operating segments; Multimedia business, Smart systems technology business, New energy business, and Smart appliances business. The Group's operations are located in the PRC, Asia (other than the PRC), the Americas, Europe, Africa, and other regions and it derives a majority of its revenue from the People's Republic of China.
Executives
Target Success Group (ptc) Limited 2301 Trustee
Lin Wei Ping 2501 Other
Wong Wang Sang Stephen 2501 Other

Skyworth Group (HKSE:00751) Headlines

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