GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MIE Holdings Corp (HKSE:01555) » Definitions » Net Margin %

MIE Holdings (HKSE:01555) Net Margin % : -23.87% (As of Jun. 2024)


View and export this data going back to 2010. Start your Free Trial

What is MIE Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. MIE Holdings's Net Income for the six months ended in Jun. 2024 was HK$-119 Mil. MIE Holdings's Revenue for the six months ended in Jun. 2024 was HK$497 Mil. Therefore, MIE Holdings's net margin for the quarter that ended in Jun. 2024 was -23.87%.

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

HKSE:01555' s Net Margin % Range Over the Past 10 Years
Min: -247.2   Med: -150.11   Max: 166.2
Current: -21


HKSE:01555's Net Margin % is ranked worse than
81.47% of 950 companies
in the Oil & Gas industry
Industry Median: 3.41 vs HKSE:01555: -21.00

MIE Holdings Net Margin % Historical Data

The historical data trend for MIE 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.

MIE Holdings Net Margin % Chart

MIE 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 -148.80 -236.05 -33.24 166.20 -15.21

MIE Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 345.70 -10.84 -11.82 -18.51 -23.87

Competitive Comparison of MIE Holdings's Net Margin %

For the Oil & Gas E&P subindustry, MIE 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.


MIE Holdings's Net Margin % Distribution in the Oil & Gas Industry

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

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



MIE 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.

MIE 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 )
=-172.303/1133.136
=-15.21 %

MIE Holdings's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=-118.517/496.597
=-23.87 %

* 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.


MIE Holdings  (HKSE:01555) 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.


MIE Holdings Net Margin % Related Terms

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


MIE Holdings Business Description

Traded in Other Exchanges
Address
North Star East Road, North Star Times Tower No.8, Room 1301-1303, Chaoyang, Beijing, CHN, 100101
MIE Holdings Corp is an investment holding company. It is principally engaged in the exploration, development, production, and sale of crude oil in the People's Republic of China. There is only one segment which is principally engaged in the exploration, development, production, and sale of oil under PSCs in the PRC. It has the following oil and gas properties: two producing production oil sharing contracts in northeast China; participating interests in an exploration contract and six production contracts in Kazakhstan held by Emir-Oil. The majority of the company's revenue comes from China.
Executives
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
Sit Hon Wing 2201 Interest of corporation controlled by you
Ohc Opportunity Investment Limited 2201 Interest of corporation controlled by you
Soochow Securities (international) Financial Holdings Limited 2201 Interest of corporation controlled by you
Billion Capital Shine Inc. 2201 Interest of corporation controlled by you
China Orient Asset Management (international) Holding Limited 2201 Interest of corporation controlled by you
China Orient Asset Management Co., Ltd. 2201 Interest of corporation controlled by you
Dong Yin Development (holdings) Limited 2201 Interest of corporation controlled by you
Wise Leader Assets Ltd. 2201 Interest of corporation controlled by you
Excel Link Capital Inc. 2201 Interest of corporation controlled by you
Orient Energy Opportunity Investment Limited Partnership Fund 2106 Person having a security interest in shares
Zhao Jiangwei 2101 Beneficial owner
Zhao Jiangbo 2401 A concert party to an agreement to buy shares
Zhang Ruilin 2401 A concert party to an agreement to buy shares
Far East Energy Limited 2401 A concert party to an agreement to buy shares

MIE Holdings Headlines

No Headlines