Ichor Holdings Ltd (ICHR)

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	-42,985	-16,889	22,567	64,760	72,804	73,466	62,972	64,300	70,899	68,561	60,572	44,518	33,279	28,710	19,085	12,610	10,729	6,262	14,976	42,680
Revenue (ttm)	US$ in thousands	791,741	890,431	1,051,200	1,198,719	1,269,013	1,256,502	1,165,476	1,118,696	1,089,729	1,047,699	1,011,957	950,502	905,509	849,443	775,610	692,781	610,190	562,064	582,925	693,162
Net profit margin		-5.43%	-1.90%	2.15%	5.40%	5.74%	5.85%	5.40%	5.75%	6.51%	6.54%	5.99%	4.68%	3.68%	3.38%	2.46%	1.82%	1.76%	1.11%	2.57%	6.16%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-42,985K ÷ $791,741K
= -5.43%

The net profit margin of Ichor Holdings Ltd has shown some fluctuations over the past few quarters. The trend indicates a decline from a high of 6.54% in Sep 30, 2021 to a low of -5.43% in Dec 31, 2023. Overall, the company has experienced periods of both positive and negative net profit margin in recent quarters.

In the most recent quarter, the net profit margin was negative at -5.43%, implying that the company's expenses exceeded its revenues, resulting in a loss. This could be a cause for concern as it indicates that the company needs to focus on improving its cost management and revenue generation strategies.

In contrast, the best performing quarter in terms of net profit margin was in Dec 31, 2019, where the margin was 6.16%, indicating that the company was able to generate higher profits relative to its revenue during that period.

Overall, the company's net profit margin trend suggests a need for continuous monitoring and strategic financial management to ensure sustainable profitability in the long run.