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Golden Insurance Brokers Co (ROCO:6028) Net Margin % : 3.35% (As of Dec. 2023)


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What is Golden Insurance Brokers Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Golden Insurance Brokers Co's Net Income for the six months ended in Dec. 2023 was NT$55 Mil. Golden Insurance Brokers Co's Revenue for the six months ended in Dec. 2023 was NT$1,634 Mil. Therefore, Golden Insurance Brokers Co's net margin for the quarter that ended in Dec. 2023 was 3.35%.

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

ROCO:6028' s Net Margin % Range Over the Past 10 Years
Min: 2.76   Med: 3.68   Max: 4.72
Current: 3.92


ROCO:6028's Net Margin % is ranked worse than
69.67% of 488 companies
in the Insurance industry
Industry Median: 7.91 vs ROCO:6028: 3.92

Golden Insurance Brokers Co Net Margin % Historical Data

The historical data trend for Golden Insurance Brokers 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.

Golden Insurance Brokers Co Net Margin % Chart

Golden Insurance Brokers 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 3.68 3.93 3.59 2.97 3.92

Golden Insurance Brokers Co Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 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 3.45 4.03 1.86 4.57 3.35

Competitive Comparison of Golden Insurance Brokers Co's Net Margin %

For the Insurance Brokers subindustry, Golden Insurance Brokers 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.


Golden Insurance Brokers Co's Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Golden Insurance Brokers Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Golden Insurance Brokers Co's Net Margin % falls into.



Golden Insurance Brokers 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.

Golden Insurance Brokers 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 )
=119.165/3043.188
=3.92 %

Golden Insurance Brokers Co'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 )
=54.784/1634.266
=3.35 %

* 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.


Golden Insurance Brokers Co  (ROCO:6028) 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.


Golden Insurance Brokers Co Net Margin % Related Terms

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Golden Insurance Brokers Co (ROCO:6028) Business Description

Traded in Other Exchanges
N/A
Address
Dashun 1st Road, Zuoying District, Room. 4, 4th Floor, Number 93, Kaohsiung, TWN, 813
Golden Insurance Brokers Co Ltd is an Insurance Broker based in Taiwan. The company is involved in providing Life Insurance, Medical Insurance, Savings Insurance and Investment Insurance among others.

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