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Avance Gas Holding (Avance Gas Holding) Net Margin % : 55.27% (As of Dec. 2023)


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What is Avance Gas Holding Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Avance Gas Holding's Net Income for the three months ended in Dec. 2023 was $61.5 Mil. Avance Gas Holding's Revenue for the three months ended in Dec. 2023 was $111.2 Mil. Therefore, Avance Gas Holding's net margin for the quarter that ended in Dec. 2023 was 55.27%.

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

AVACF' s Net Margin % Range Over the Past 10 Years
Min: -48.29   Med: 18.79   Max: 58.92
Current: 46.37


AVACF's Net Margin % is ranked better than
93.14% of 977 companies
in the Oil & Gas industry
Industry Median: 4.18 vs AVACF: 46.37

Avance Gas Holding Net Margin % Historical Data

The historical data trend for Avance Gas Holding'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.

Avance Gas Holding Net Margin % Chart

Avance Gas Holding Annual Data
Trend Nov13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.34 34.47 15.24 34.96 46.43

Avance Gas Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 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 51.49 47.14 42.22 37.84 55.27

Competitive Comparison of Avance Gas Holding's Net Margin %

For the Oil & Gas Midstream subindustry, Avance Gas Holding'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.


Avance Gas Holding's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Avance Gas Holding's Net Margin % distribution charts can be found below:

* The bar in red indicates where Avance Gas Holding's Net Margin % falls into.



Avance Gas Holding 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.

Avance Gas Holding'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 )
=163.577/352.31
=46.43 %

Avance Gas Holding'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 )
=61.473/111.219
=55.27 %

* 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.


Avance Gas Holding  (OTCPK:AVACF) 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.


Avance Gas Holding Net Margin % Related Terms

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Avance Gas Holding (Avance Gas Holding) Business Description

Traded in Other Exchanges
Address
14 Par-la-Ville Road, 4th floor, PO Box HM 1593, Par-la-Ville Place, Hamilton, BMU, HM 08
Avance Gas Holding Ltd is engaged in the transportation of liquefied petroleum gas (LPG). It owns and operates very large gas carriers (VLGCs) providing transportation services to oil majors and traders of LPG on a global basis. It operates a fleet of vessels providing customers with global transportation services through the combination of the contract of affreightments and spot market voyages. The company transports liquefied petroleum to destinations in Europe, South America, India, and Asia, mainly loading the Middle East Gulf and the United States Gulf/United States East Coast. The company operates in a single segment that is liquefied petroleum gas.

Avance Gas Holding (Avance Gas Holding) Headlines

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