Top Glove Corporation Bhd - Stock

Top Glove Corporation Bhd Revenue 2024

Top Glove Corporation Bhd Revenue

2.97 B MYR

Ticker

TOPGLOV.KL

ISIN

MYL7113OO003

WKN

358038

In 2024, Top Glove Corporation Bhd's sales reached 2.97 B MYR, a 31.67% difference from the 2.26 B MYR sales recorded in the previous year.

The Top Glove Corporation Bhd Revenue history

YEARREVENUE (undefined MYR)GROSS MARGIN (%)
2027e9.110,71
2026e5.011,28
2025e4.171,54
2024e2.972,16
20232.262,85
20225.5717,11
202116.3667,86
20207.2439,40
20194.818,41
20184.2219,96
20173.4117,76
20162.8920,62
20152.5122,10
20142.2816,85
20132.3115,70
20122.3116,63
20112.0511,45
20102.0821,11
20091.5324,40
20081.3816,52
20071.2317,45
20060.9917,10
20050.6418,31
20040.4220,00

Top Glove Corporation Bhd Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

Understanding Revenue, EBIT, and Income

Gain insights into Top Glove Corporation Bhd, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Top Glove Corporation Bhd from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Top Glove Corporation Bhd’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Top Glove Corporation Bhd. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Top Glove Corporation Bhd’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Top Glove Corporation Bhd’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Top Glove Corporation Bhd’s growth potential.

Top Glove Corporation Bhd Revenue, EBIT and net profit per share

DateTop Glove Corporation Bhd RevenueTop Glove Corporation Bhd EBITTop Glove Corporation Bhd Net Income
2027e9.11 B MYR779.36 M MYR755.99 M MYR
2026e5.01 B MYR442.25 M MYR308.41 M MYR
2025e4.17 B MYR247.92 M MYR148.44 M MYR
2024e2.97 B MYR-126.01 M MYR-143.46 M MYR
20232.26 B MYR-519.42 M MYR-925.22 M MYR
20225.57 B MYR280.13 M MYR225.56 M MYR
202116.36 B MYR9.93 B MYR7.71 B MYR
20207.24 B MYR2.17 B MYR1.75 B MYR
20194.8 B MYR489.48 M MYR364.68 M MYR
20184.22 B MYR527.2 M MYR428.83 M MYR
20173.41 B MYR339.92 M MYR330.66 M MYR
20162.89 B MYR397.71 M MYR360.73 M MYR
20152.51 B MYR344.15 M MYR279.78 M MYR
20142.28 B MYR184.8 M MYR180.5 M MYR
20132.31 B MYR206.2 M MYR196.5 M MYR
20122.31 B MYR222.4 M MYR202.7 M MYR
20112.05 B MYR112.1 M MYR113.1 M MYR
20102.08 B MYR301.4 M MYR245.2 M MYR
20091.53 B MYR231.5 M MYR169.1 M MYR
20081.38 B MYR143.9 M MYR110.1 M MYR
20071.23 B MYR132.3 M MYR103.8 M MYR
2006992.6 M MYR101.3 M MYR78.4 M MYR
2005641.8 M MYR70.4 M MYR58.1 M MYR
2004418.1 M MYR47 M MYR39.5 M MYR

Top Glove Corporation Bhd stock margins

The Top Glove Corporation Bhd margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Top Glove Corporation Bhd. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Top Glove Corporation Bhd.
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Gross margin
EBIT margin
Profit margin
Details

Margin

Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Top Glove Corporation Bhd's sales revenue. A higher gross margin percentage indicates that the Top Glove Corporation Bhd retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Top Glove Corporation Bhd's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Top Glove Corporation Bhd's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Top Glove Corporation Bhd's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Top Glove Corporation Bhd. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Top Glove Corporation Bhd's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Top Glove Corporation Bhd Margin History

Top Glove Corporation Bhd Gross marginTop Glove Corporation Bhd Profit marginTop Glove Corporation Bhd EBIT marginTop Glove Corporation Bhd Profit margin
2027e2.85 %8.56 %8.3 %
2026e2.85 %8.82 %6.15 %
2025e2.85 %5.95 %3.56 %
2024e2.85 %-4.24 %-4.83 %
20232.85 %-23.01 %-40.99 %
202217.11 %5.03 %4.05 %
202167.86 %60.71 %47.12 %
202039.4 %29.99 %24.22 %
201918.41 %10.2 %7.6 %
201819.96 %12.49 %10.16 %
201717.76 %9.97 %9.7 %
201620.62 %13.77 %12.49 %
201522.1 %13.71 %11.14 %
201416.85 %8.12 %7.93 %
201315.7 %8.91 %8.49 %
201216.63 %9.61 %8.76 %
201111.45 %5.46 %5.51 %
201021.11 %14.49 %11.79 %
200924.4 %15.14 %11.06 %
200816.52 %10.44 %7.99 %
200717.45 %10.77 %8.45 %
200617.1 %10.21 %7.9 %
200518.31 %10.97 %9.05 %
200420 %11.24 %9.45 %

Top Glove Corporation Bhd Aktienanalyse

What does Top Glove Corporation Bhd do?

The Top Glove Corporation Bhd is a Malaysian company specializing in the production of gloves. It was founded in 1991 by Tan Sri Lim Wee Chai and is headquartered in Klang, Selangor. Since its inception, Top Glove has become a leading manufacturer of medical and industrial gloves and is now the world's largest glove manufacturer. The business model of Top Glove is based on the production and sale of gloves. The company is divided into two main segments: Medical gloves and industrial gloves. Medical gloves include disposable gloves used in hospitals, pharmacies, and other medical facilities. Industrial gloves are mainly used in manufacturing, food processing, and other industries. Top Glove's product range includes latex gloves, nitrile gloves, and vinyl gloves in various sizes and colors. Top Glove is divided into three main regions: Malaysia, Thailand, and China. The company operates seventeen factories in Malaysia, five in Thailand, and two in China. It also has sales offices in the USA and Europe. With a production capacity of over 70 billion gloves per year, Top Glove is the largest manufacturer of medical and industrial gloves worldwide. The history of Top Glove began in 1991 with the founding of Top Glove Sdn Bhd in Malaysia. The company established its first factory in Klang, Selangor, and started producing latex gloves. In 1993, Top Glove acquired the brand "Top Glove," which is now globally recognized. In the following years, the company opened more factories and expanded its product range to include nitrile gloves and vinyl gloves. In 2000, Top Glove was listed on the Malaysian stock exchange, and in 2001, the company opened its first factory in Thailand. In 2006, Top Glove acquired a factory in China, and in 2009, the company opened its first sales office in the USA. In the following years, the company continued to expand and open new factories in Malaysia, Thailand, and China. In 2020, Top Glove gained even more attention due to the COVID-19 pandemic, as it is one of the main suppliers of gloves to the medical sector. However, the company has also faced criticism for past allegations of human rights violations against its foreign workers. Overall, Top Glove is a significant player in the market for medical and industrial gloves. The company has an impressive success story and is well positioned to continue playing a leading role in the industry. Top Glove Corporation Bhd ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Revenue Details

Understanding Top Glove Corporation Bhd's Sales Figures

The sales figures of Top Glove Corporation Bhd originate from the total revenue accrued from goods sold or services provided during a specific time period. These numbers are a direct reflection of the company’s ability to translate its products or services into revenue, indicating the demand and market presence.

Year-to-Year Comparison

Analyzing Top Glove Corporation Bhd’s yearly sales data offers insights into the company’s growth and stability. An increase in sales suggests a growing demand for its offerings, efficient marketing, or expansion into new markets. Conversely, a decline might indicate market saturation, increased competition, or less effective strategies.

Impact on Investments

Investors often scrutinize Top Glove Corporation Bhd's sales data to evaluate its financial health and growth prospects. Consistent sales growth can be a promising indicator of the company’s profitability and potential return on investment, influencing stock prices and investor confidence.

Interpreting Sales Fluctuations

Increases in Top Glove Corporation Bhd’s sales indicate market growth, innovation, or effective marketing, often leading to a surge in stock prices. A decline, however, can signal challenges requiring strategic adjustments to enhance market share and profitability.

Frequently Asked Questions about Top Glove Corporation Bhd stock

How much revenue did Top Glove Corporation Bhd generate this year?

Top Glove Corporation Bhd has achieved a revenue of 2.97 B MYR this year.

How much was the turnover of the company Top Glove Corporation Bhd compared to the previous year?

The revenue of Top Glove Corporation Bhd has increased by 31.67% increased compared to the previous year.

What does revenue mean for investors?

The revenue of a company is an important indicator of its financial performance and attractiveness for investors.

Which factors influence the revenue of Top Glove Corporation Bhd?

The revenue of Top Glove Corporation Bhd is influenced by various factors, including the demand for its products and services, market conditions, and prices.

How is the revenue of Top Glove Corporation Bhd measured?

Revenue is typically measured in units referring to the sale of goods and services provided by the company.

How does an increase in sales affect investments?

An increase in revenue can prompt investors to invest more money in the company as it serves as a positive signal for its financial performance and growth prospects.

What are the possible risks associated with a declining revenue?

A decline in revenue can prompt investors to invest less money in the company, as it is a negative signal for its financial performance and growth prospects.

Why is the sales revenue of Top Glove Corporation Bhd so important for investors?

The revenue of Top Glove Corporation Bhd is an important indicator of financial performance and attractiveness for investors.

What strategic measures can a company take to increase revenue?

A company can take various strategic measures to increase revenue, including developing new products and services, introducing new pricing models, and expanding into new markets.

How much dividend does Top Glove Corporation Bhd pay?

Over the past 12 months, Top Glove Corporation Bhd paid a dividend of 0.43 MYR . This corresponds to a dividend yield of about 35.75 %. For the coming 12 months, Top Glove Corporation Bhd is expected to pay a dividend of 0 MYR.

What is the dividend yield of Top Glove Corporation Bhd?

The current dividend yield of Top Glove Corporation Bhd is 35.75 %.

When does Top Glove Corporation Bhd pay dividends?

Top Glove Corporation Bhd pays a quarterly dividend. This is distributed in the months of April, July, November, January.

How secure is the dividend of Top Glove Corporation Bhd?

Top Glove Corporation Bhd paid dividends every year for the past 3 years.

What is the dividend of Top Glove Corporation Bhd?

For the upcoming 12 months, dividends amounting to 0 MYR are expected. This corresponds to a dividend yield of 0 %.

In which sector is Top Glove Corporation Bhd located?

Top Glove Corporation Bhd is assigned to the 'Health' sector.

Wann musste ich die Aktien von Top Glove Corporation Bhd kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Top Glove Corporation Bhd from 1/10/2022 amounting to 0.012 MYR, you needed to have the stock in your portfolio before the ex-date on 12/24/2021.

When did Top Glove Corporation Bhd pay the last dividend?

The last dividend was paid out on 1/10/2022.

What was the dividend of Top Glove Corporation Bhd in the year 2023?

In the year 2023, Top Glove Corporation Bhd distributed 0 MYR as dividends.

In which currency does Top Glove Corporation Bhd pay out the dividend?

The dividends of Top Glove Corporation Bhd are distributed in MYR.

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Andere Kennzahlen von Top Glove Corporation Bhd

Our stock analysis for Top Glove Corporation Bhd Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Top Glove Corporation Bhd Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.