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Malath Cooperative Insurance Co (SAU:8020) Net Margin % : 5.62% (As of Mar. 2024)


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What is Malath Cooperative Insurance Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Malath Cooperative Insurance Co's Net Income for the three months ended in Mar. 2024 was ﷼12.0 Mil. Malath Cooperative Insurance Co's Revenue for the three months ended in Mar. 2024 was ﷼213.9 Mil. Therefore, Malath Cooperative Insurance Co's net margin for the quarter that ended in Mar. 2024 was 5.62%.

The historical rank and industry rank for Malath Cooperative Insurance Co's Net Margin % or its related term are showing as below:

SAU:8020' s Net Margin % Range Over the Past 10 Years
Min: -10.47   Med: -0.28   Max: 4.8
Current: 4.8


SAU:8020's Net Margin % is ranked worse than
64.68% of 487 companies
in the Insurance industry
Industry Median: 7.96 vs SAU:8020: 4.80

Malath Cooperative Insurance Co Net Margin % Historical Data

The historical data trend for Malath Cooperative Insurance Co'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.

Malath Cooperative Insurance Co Net Margin % Chart

Malath Cooperative Insurance Co 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 0.87 0.98 -10.47 -4.41 4.09

Malath Cooperative Insurance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 18.18 4.11 -12.12 3.42 5.62

Competitive Comparison of Malath Cooperative Insurance Co's Net Margin %

For the Insurance - Property & Casualty subindustry, Malath Cooperative Insurance Co'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.


Malath Cooperative Insurance Co's Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Malath Cooperative Insurance Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Malath Cooperative Insurance Co's Net Margin % falls into.



Malath Cooperative Insurance Co 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.

Malath Cooperative Insurance Co'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 )
=38.188/933.12
=4.09 %

Malath Cooperative Insurance Co's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=12.033/213.93
=5.62 %

* 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.


Malath Cooperative Insurance Co  (SAU:8020) 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.


Malath Cooperative Insurance Co Net Margin % Related Terms

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Malath Cooperative Insurance Co (SAU:8020) Business Description

Traded in Other Exchanges
N/A
Address
Mohammad Bin Abdelaziz Street, P.O. Box 99763, Riyadh, SAU, 11625
Malath Cooperative Insurance Co is engaged in providing insurance and related services products. Its insurance products and reportable segment include Medical, Motor, Fire and burglary, Marine, Public liability, Engineering, General accident and others. Geographically, the group operates only in the Kingdom of Saudi Arabia, and derives prime revenue from the Medical insurance segment. Medical insurance provides health care cover to policyholders. The company offers insurance services to individuals, corporates, and small and medium enterprises.

Malath Cooperative Insurance Co (SAU:8020) Headlines

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