Ezgo Technologies Ltd. Ordinary Shares(Ezgo) Financials: Net Profit Margin Compared To Industry Average, Plus Other Key Ratios
Company Report for EZGO
Report - net profit margin
This chart shows the historical trend of net profit margin for EZGO compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Net Profit Margin
Definition: Net profit margin shows how much profit remains after paying all costs — including operating expenses, interest, and taxes — for every dollar of sales. A higher margin means the business is efficient and keeps more of its sales as bottom-line profit. Falling margins may signal rising costs or pricing pressure.
Interpretation:
• In '2021', EZGO's net profit margin was -12.7%, measuring the overall profitability of the company. Industry average for Motor Vehicles in '2021' stood at -19.1%.
• In '2022', EZGO's net profit margin was -37.2%, measuring the overall profitability of the company. The decline from '2021' may indicate some operational or financial challenges. Industry average for Motor Vehicles in '2022' stood at -20.1%. Industry average declined by 1.0% from previous year.
• In '2023', EZGO's net profit margin was -42.6%, measuring the overall profitability of the company. The decline from '2022' may indicate some operational or financial challenges. Industry average for Motor Vehicles in '2023' stood at -42.1%. Industry average declined by 22.0% from previous year.
• In '2024', EZGO's net profit margin was -34.5%, measuring the overall profitability of the company. The increase since '2023' reflects strengthening financial performance. Industry average for Motor Vehicles in '2024' stood at -53.8%. Industry average declined by 11.8% from previous year.
Overall, EZGO's net profit margin has been volatile but showed a downward trend over the past 4 years.
Formula: Net Profit Margin = Net Income / Revenue
Good Range: Ranges 5%-20% for many industries.