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Comfort Gloves Bhd (XKLS:2127) Net Margin % : 6.00% (As of Dec. 2023)


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What is Comfort Gloves Bhd Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Comfort Gloves Bhd's Net Income for the three months ended in Dec. 2023 was RM4.4 Mil. Comfort Gloves Bhd's Revenue for the three months ended in Dec. 2023 was RM73.6 Mil. Therefore, Comfort Gloves Bhd's net margin for the quarter that ended in Dec. 2023 was 6.00%.

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

XKLS:2127' s Net Margin % Range Over the Past 10 Years
Min: -14.3   Med: 6.19   Max: 29.61
Current: -11.3


XKLS:2127's Net Margin % is ranked worse than
57.21% of 818 companies
in the Medical Devices & Instruments industry
Industry Median: -0.67 vs XKLS:2127: -11.30

Comfort Gloves Bhd Net Margin % Historical Data

The historical data trend for Comfort Gloves Bhd'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.

Comfort Gloves Bhd Net Margin % Chart

Comfort Gloves Bhd Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.88 6.50 29.61 -6.97 -11.30

Comfort Gloves Bhd Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -16.91 -32.54 -4.63 -10.92 6.00

Competitive Comparison of Comfort Gloves Bhd's Net Margin %

For the Medical Instruments & Supplies subindustry, Comfort Gloves Bhd'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.


Comfort Gloves Bhd's Net Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Comfort Gloves Bhd's Net Margin % distribution charts can be found below:

* The bar in red indicates where Comfort Gloves Bhd's Net Margin % falls into.



Comfort Gloves Bhd 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.

Comfort Gloves Bhd'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 )
=-36.813/325.883
=-11.30 %

Comfort Gloves Bhd'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 )
=4.422/73.644
=6.00 %

* 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.


Comfort Gloves Bhd  (XKLS:2127) 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.


Comfort Gloves Bhd Net Margin % Related Terms

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Comfort Gloves Bhd (XKLS:2127) Business Description

Traded in Other Exchanges
N/A
Address
Lot 821, Jalan Matang, Matang, Taiping, PRK, MYS, 34750
Comfort Gloves Bhd is engaged in the manufacture and trading of natural and synthetic specialty examination gloves. It has four segments. The manufacturing segment, which is the key revenue driver, is engaged in the manufacture and trading of latex gloves. The investment holding segment comprises investment holding and the provision of management services. Its Trading segment is involved in the trading of latex gloves. The company has two manufacturing plants located in Simpang and Matang, Taiping. Its key markets are Malaysia, the United States of America and Canada, Asia, Europe, and others.

Comfort Gloves Bhd (XKLS:2127) Headlines

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