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Ace Technologies (XKRX:088800) Net Margin % : -9.96% (As of Mar. 2024)


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What is Ace Technologies Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Ace Technologies's Net Income for the three months ended in Mar. 2024 was ₩-3,049 Mil. Ace Technologies's Revenue for the three months ended in Mar. 2024 was ₩30,602 Mil. Therefore, Ace Technologies's net margin for the quarter that ended in Mar. 2024 was -9.96%.

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

XKRX:088800' s Net Margin % Range Over the Past 10 Years
Min: -59.75   Med: -11.29   Max: 2.72
Current: -59.75


XKRX:088800's Net Margin % is ranked worse than
92.38% of 2466 companies
in the Hardware industry
Industry Median: 2.705 vs XKRX:088800: -59.75

Ace Technologies Net Margin % Historical Data

The historical data trend for Ace Technologies'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.

Ace Technologies Net Margin % Chart

Ace Technologies 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 -2.44 -39.45 -13.61 -12.54 -56.34

Ace Technologies 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 -14.85 -73.38 -78.90 -76.01 -9.96

Competitive Comparison of Ace Technologies's Net Margin %

For the Communication Equipment subindustry, Ace Technologies'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.


Ace Technologies's Net Margin % Distribution in the Hardware Industry

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

* The bar in red indicates where Ace Technologies's Net Margin % falls into.



Ace Technologies 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.

Ace Technologies'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 )
=-78898.681/140047.443
=-56.34 %

Ace Technologies's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-3048.777/30601.904
=-9.96 %

* 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.


Ace Technologies  (XKRX:088800) 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.


Ace Technologies Net Margin % Related Terms

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Ace Technologies (XKRX:088800) Business Description

Traded in Other Exchanges
N/A
Address
451-3, Nonhyeon-dong, Namdong-gu, Incheon, KOR, 405-849
Ace Technologies Corp is a South Korea based company engages in the manufacturing of wireless communication RF equipment and antennas. Its main products include base-station RF components, such as base station antennas, filters, radio's for telecoms (RRH) and other markets; mobile antennas, and RF connectors.

Ace Technologies (XKRX:088800) Headlines

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