GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » South Ocean Holdings Ltd (JSE:SOH) » Definitions » Net Margin %

South Ocean Holdings (JSE:SOH) Net Margin % : 3.56% (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is South Ocean Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. South Ocean Holdings's Net Income for the six months ended in Dec. 2023 was R40 Mil. South Ocean Holdings's Revenue for the six months ended in Dec. 2023 was R1,125 Mil. Therefore, South Ocean Holdings's net margin for the quarter that ended in Dec. 2023 was 3.56%.

The historical rank and industry rank for South Ocean Holdings's Net Margin % or its related term are showing as below:

JSE:SOH' s Net Margin % Range Over the Past 10 Years
Min: -4.02   Med: 0.67   Max: 3.75
Current: 3.75


JSE:SOH's Net Margin % is ranked worse than
58% of 2974 companies
in the Industrial Products industry
Industry Median: 5.09 vs JSE:SOH: 3.75

South Ocean Holdings Net Margin % Historical Data

The historical data trend for South Ocean Holdings's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

South Ocean Holdings Net Margin % Chart

South Ocean Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.02 1.55 3.75 2.40 3.75

South Ocean Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.39 3.30 1.42 3.92 3.56

Competitive Comparison of South Ocean Holdings's Net Margin %

For the Electrical Equipment & Parts subindustry, South Ocean Holdings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


South Ocean Holdings's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, South Ocean Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where South Ocean Holdings's Net Margin % falls into.



South Ocean Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

South Ocean Holdings's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=88.634/2363.575
=3.75 %

South Ocean Holdings's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=40.041/1125.183
=3.56 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


South Ocean Holdings  (JSE:SOH) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


South Ocean Holdings Net Margin % Related Terms

Thank you for viewing the detailed overview of South Ocean Holdings's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


South Ocean Holdings (JSE:SOH) Business Description

Traded in Other Exchanges
N/A
Address
16 Botha Street, Alrode, ZAF, 1451
South Ocean Holdings Ltd is an investment holding company. The Company through its subsidiaries manufactures electrical wires, imports and distributes electrical accessories, general-purpose insulated wire, a range of flexible conductors, steel wire armored cables, flat-twin and earth cables, aluminum conductor steel reinforced (ACSR) cables, aerial bundle conductors (ABC) and surface wire investment company and light fittings assembly. The operating segments of the company include Electrical cable manufacturing and Property investments. The company earns maximum revenue by selling Copper cables The group operates in South Africa.

South Ocean Holdings (JSE:SOH) Headlines

No Headlines