1/9/2024 0 Comments Micro mechanic![]() From the graph below, Micro Mechanic’s net profit margin has increased from 10.9% to 25.8%. However, its shareholders’ earnings increased at a much higher rate at CAGR of 28.5%, due to increase in net profit margin. The revenue increased from S$ 38.793 million to S$ 57.230 million, a compound annual growth rate of 8.1%. ![]() Financialsįrom 2012 to 2017, Micro-Mechanics recorded continuous growth in revenue and shareholders’ earnings. The third largest market was the USA, which accounted to S$9.1 million. Besides, sales from its second largest market, Malaysia, account for 21% of total revenue which is S$11.9 million. In FY 2017, China accounted for 26% of the total revenue to remain as the firm’s largest market. Micro-Mechanics serves a worldwide base of customers from five manufacturing facilities located in Singapore, Malaysia, China, the Philippines and the USA, and a direct sales presence in Taiwan and Europe. Recently, Micro-Mechanics started to build up capabilities to serve the front-end of the semiconductor industry through its US operations. Besides, it also manufactures precision parts and assemblies on a contract basis for original equipment manufacturers (OEMs). Micro-Mechanics creates consumable tools and parts used in the back-end semiconductor process, particular, die attach and wire bonding. Micro-Mechanics designs, manufactures and markets high precision parts and tools used in process-critical applications for the wafer-fabrication and assembly processes of the semiconductor industry. Market Capitalisation: S$ 282.23 million (30 March 2018) Is there any growth left in the company for us to take a ride on? Let’s have a look further. It was a 245% return on capital gain alone, excluding dividend pay-out. Its share price rallied from S$ 0.86 to S$ 2.11 from the beginning to the end of 2017. It was an exciting year for Micro-Mechanics in 2017. In FY2017, the Group’s net profit increased 24.2% to S$14.8 million as a result of revenue growing 11.7% to S$57.2 million. Micro-Mechanics achieved its record revenue and net profit for the 12 months ended 30 June 2017 (“FY2017”).
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