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Majestic Gold (TSXV:MJS) Net Margin % : 5.78% (As of Dec. 2023)


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What is Majestic Gold Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Majestic Gold's Net Income for the three months ended in Dec. 2023 was C$1.10 Mil. Majestic Gold's Revenue for the three months ended in Dec. 2023 was C$19.09 Mil. Therefore, Majestic Gold's net margin for the quarter that ended in Dec. 2023 was 5.78%.

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

TSXV:MJS' s Net Margin % Range Over the Past 10 Years
Min: -26.49   Med: 9.64   Max: 23.77
Current: 13.77


TSXV:MJS's Net Margin % is ranked better than
83.26% of 860 companies
in the Metals & Mining industry
Industry Median: -0.035 vs TSXV:MJS: 13.77

Majestic Gold Net Margin % Historical Data

The historical data trend for Majestic Gold'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.

Majestic Gold Net Margin % Chart

Majestic Gold Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.77 18.01 11.73 17.45 13.74

Majestic Gold Quarterly Data
Sep18 Dec18 Mar19 Jun19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.40 19.01 14.08 16.55 5.78

Competitive Comparison of Majestic Gold's Net Margin %

For the Gold subindustry, Majestic Gold'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.


Majestic Gold's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Majestic Gold's Net Margin % distribution charts can be found below:

* The bar in red indicates where Majestic Gold's Net Margin % falls into.



Majestic Gold 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.

Majestic Gold'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 )
=10.14/73.822
=13.74 %

Majestic Gold'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 )
=1.104/19.09
=5.78 %

* 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.


Majestic Gold  (TSXV:MJS) 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.


Majestic Gold Net Margin % Related Terms

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


Majestic Gold (TSXV:MJS) Business Description

Traded in Other Exchanges
Address
306 - 1688 152nd Street, Surrey, BC, CAN, V4A 4N2
Majestic Gold Corp is a mining company focused on the exploration, development and operation of mining properties in China, Australia and Canada. The company operates the Songjiagou open-pit gold mine in the eastern Chinese province of Shandong.
Executives
James Mackie Senior Officer

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