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Maruichi Steel Tube (TSE:5463) Net Margin % : 9.29% (As of Dec. 2023)


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What is Maruichi Steel Tube Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Maruichi Steel Tube's Net Income for the three months ended in Dec. 2023 was 円6,354 Mil. Maruichi Steel Tube's Revenue for the three months ended in Dec. 2023 was 円68,420 Mil. Therefore, Maruichi Steel Tube's net margin for the quarter that ended in Dec. 2023 was 9.29%.

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

TSE:5463' s Net Margin % Range Over the Past 10 Years
Min: 4.1   Med: 8.72   Max: 12.9
Current: 9.63


TSE:5463's Net Margin % is ranked better than
82.42% of 603 companies
in the Steel industry
Industry Median: 2.9 vs TSE:5463: 9.63

Maruichi Steel Tube Net Margin % Historical Data

The historical data trend for Maruichi Steel Tube'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.

Maruichi Steel Tube Net Margin % Chart

Maruichi Steel Tube Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.10 8.60 12.38 8.84 9.62

Maruichi Steel Tube 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 7.27 10.09 10.76 9.29 8.36

Competitive Comparison of Maruichi Steel Tube's Net Margin %

For the Steel subindustry, Maruichi Steel Tube'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.


Maruichi Steel Tube's Net Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Maruichi Steel Tube's Net Margin % distribution charts can be found below:

* The bar in red indicates where Maruichi Steel Tube's Net Margin % falls into.



Maruichi Steel Tube 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.

Maruichi Steel Tube's Net Margin for the fiscal year that ended in Mar. 2024 is calculated as

Net Margin=Net Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=26113/271310
=9.62 %

Maruichi Steel Tube'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 )
=6354/68420
=9.29 %

* 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.


Maruichi Steel Tube  (TSE:5463) 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.


Maruichi Steel Tube Net Margin % Related Terms

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Maruichi Steel Tube (TSE:5463) Business Description

Traded in Other Exchanges
N/A
Address
29th Floor, Nambaskyo, 1-60, 5, Chome, Namba, Chuo-ku, Osaka, JPN, 542-0076
Maruichi Steel Tube Ltd is a Japan-based company that manufactures and sells steel tube and steel sheet coating. Japan, North America, and Asia excluding Japan are the three largest markets for the company. The company's product portfolio includes welded steel tubes, hot-dip galvanized steel sheet, lighting poles, and prepainted steel sheet. Its products are used in architecture, civil engineering, machinery, power generation plants, automobiles, motor cycles, medical equipment, fitness machines, office automation equipment, office and educational furniture, and others. It has plants across North America and Asia.

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