Toyo Co. Ltd Ordinary Shares(Toyo) Financials: Net Profit Margin Compared To Industry Average, Plus Other Key Ratios
Company Report for TOYO
Report - net profit margin
This chart shows the historical trend of net profit margin for TOYO 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 '2023', TOYO's net profit margin was 15.8%, measuring the overall profitability of the company. Industry average for Miscellaneous manufacturing industries in '2023' stood at 5.2%.
• In '2024', TOYO's net profit margin was 22.9%, measuring the overall profitability of the company. The increase since '2023' reflects strengthening financial performance. Industry average for Miscellaneous manufacturing industries in '2024' stood at -0.5%. Industry average declined by 5.7% from previous year.
Overall, TOYO's net profit margin has been volatile but showed an upward trend over the past 2 years.
Formula: Net Profit Margin = Net Income / Revenue
Good Range: Ranges 5%-20% for many industries.