GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Solis Minerals Ltd (ASX:SLM) » Definitions » Net Margin %

Solis Minerals (ASX:SLM) Net Margin % : 0.00% (As of Feb. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Solis Minerals Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Solis Minerals's Net Income for the three months ended in Feb. 2024 was A$-0.91 Mil. Solis Minerals's Revenue for the three months ended in Feb. 2024 was A$0.00 Mil. Therefore, Solis Minerals's net margin for the quarter that ended in Feb. 2024 was 0.00%.

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


ASX:SLM's Net Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: -0.13
* Ranked among companies with meaningful Net Margin % only.

Solis Minerals Net Margin % Historical Data

The historical data trend for Solis Minerals'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.

Solis Minerals Net Margin % Chart

Solis Minerals Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Solis Minerals Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - - - -

Competitive Comparison of Solis Minerals's Net Margin %

For the Copper subindustry, Solis Minerals'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.


Solis Minerals's Net Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Solis Minerals's Net Margin % falls into.



Solis Minerals 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.

Solis Minerals's Net Margin for the fiscal year that ended in May. 2023 is calculated as

Net Margin=Net Income (A: May. 2023 )/Revenue (A: May. 2023 )
=-1.627/0
= %

Solis Minerals's Net Margin for the quarter that ended in Feb. 2024 is calculated as

Net Margin=Net Income (Q: Feb. 2024 )/Revenue (Q: Feb. 2024 )
=-0.908/0
= %

* 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.


Solis Minerals  (ASX:SLM) 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.


Solis Minerals Net Margin % Related Terms

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


Solis Minerals (ASX:SLM) Business Description

Traded in Other Exchanges
Address
Unit 3, 32 Harrogate Street, West Leederville, Perth, WA, AUS, 6017
Solis Minerals Ltd is a resource exploration company engaged in the acquisition, exploration, and development of mineral resource properties. The Company operates in a single reportable operating segment being the exploration and development of mineral properties. The company is focused on the acquisition of the Mostazal copper project located in Chile. It also holds an interest in Ilo Este and Ilo Norte Project in Peru.