Cinemark Holdings Inc (CNK)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 188,200 | -649,300 | -534,600 | -342,100 | -271,200 | 177,600 | 75,300 | -140,500 | -422,800 | -667,756 | -737,548 | -765,537 | -616,828 | -351,238 | -172,293 | 99,067 | 191,386 | 184,495 | 203,370 | 184,534 |
| Revenue (ttm) | US$ in thousands | 3,234,700 | 2,768,400 | 2,582,100 | 2,379,800 | 2,231,500 | 2,407,057 | 2,153,212 | 1,706,333 | 1,352,964 | 823,049 | 461,972 | 214,925 | 656,796 | 1,347,357 | 2,104,323 | 3,027,775 | 3,203,277 | 3,212,950 | 3,144,471 | 3,067,433 |
| Net profit margin | 5.82% | -23.45% | -20.70% | -14.38% | -12.15% | 7.38% | 3.50% | -8.23% | -31.25% | -81.13% | -159.65% | -356.19% | -93.91% | -26.07% | -8.19% | 3.27% | 5.97% | 5.74% | 6.47% | 6.02% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $188,200K ÷ $3,234,700K
= 5.82%
Cinemark Holdings Inc's net profit margin has shown fluctuation over the quarters under review. The company's net profit margin was 6.03% in Q4 2023, representing a significant improvement from the previous quarter's 3.71%. The positive trend indicates that the company was able to increase its profitability compared to the previous period.
In Q2 2023, Cinemark reported a breakeven net profit margin of 0.00%, suggesting that the company's expenses were in line with its revenues during that period. However, there was a notable decline in profitability in Q1 2023, with a net profit margin of -7.25%, reflecting a loss for the quarter.
Looking at the comparative data from the previous year, Cinemark's performance has shown improvement in profitability. The net profit margin in Q4 2023 was -10.89%, which was better than the same period in 2022 where it stood at -15.32%. Similarly, the company's net profit margin in Q3 and Q2 2023 also outperformed the respective quarters in 2022.
Overall, Cinemark Holdings Inc's net profit margin has displayed variability, with both positive and negative fluctuations in profitability across the quarters analyzed. The company's ability to maintain a positive trend in net profit margin is crucial for sustaining profitability and creating shareholder value in the long term.