Solarmax Technology(Smxt) Financials: Net Profit Margin Compared To Industry Average, Plus Other Key Ratios

Company Report for SMXT

Report - net profit margin

This chart shows the historical trend of net profit margin for SMXT 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', SMXT's net profit margin was -8.8%, measuring the overall profitability of the company. Industry average for Engineering & Construction in '2021' stood at -3.9%.
• In '2022', SMXT's net profit margin was -15.4%, measuring the overall profitability of the company. The decline from '2021' may indicate some operational or financial challenges. Industry average for Engineering & Construction in '2022' stood at -22.9%. Industry average declined by 19.0% from previous year.
• In '2023', SMXT's net profit margin was 0.8%, measuring the overall profitability of the company. The increase since '2022' reflects strengthening financial performance. Industry average for Engineering & Construction in '2023' stood at 2.7%. Industry average increased by 25.5% compared to previous year.
• In '2024', SMXT's net profit margin was -152.1%, measuring the overall profitability of the company. The decline from '2023' may indicate some operational or financial challenges. Industry average for Engineering & Construction in '2024' stood at -50.1%. Industry average declined by 52.8% from previous year.
Overall, SMXT'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.