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NVGT (Novagant) Net Margin % : -135.71% (As of Dec. 2023)


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What is Novagant Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Novagant's Net Income for the three months ended in Dec. 2023 was $-0.02 Mil. Novagant's Revenue for the three months ended in Dec. 2023 was $0.01 Mil. Therefore, Novagant's net margin for the quarter that ended in Dec. 2023 was -135.71%.

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


NVGT's Net Margin % is not ranked *
in the Transportation industry.
Industry Median: 5.57
* Ranked among companies with meaningful Net Margin % only.

Novagant Net Margin % Historical Data

The historical data trend for Novagant'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.

Novagant Net Margin % Chart

Novagant Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Mar21 Mar22 Mar23
Net Margin %
Get a 7-Day Free Trial Premium Member Only - - 3.13 -3,471.43 -32.48

Novagant Quarterly Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 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 -51.72 -217.65 -257.14 -145.45 -135.71

Competitive Comparison of Novagant's Net Margin %

For the Integrated Freight & Logistics subindustry, Novagant'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.


Novagant's Net Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Novagant's Net Margin % distribution charts can be found below:

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


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Novagant 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.

Novagant's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin=Net Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=-0.051/0.157
=-32.48 %

Novagant'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 )
=-0.019/0.014
=-135.71 %

* 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.


Novagant  (OTCPK:NVGT) 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.


Novagant Net Margin % Related Terms

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Novagant Business Description

Traded in Other Exchanges
N/A
Address
100 How Ming Street, AIA Kowloon Tower, Suite 2006, Landmark East, KT, Hong Kong, HKG, 999077
Novagant Corp through its subsidiary is a logistics service provider in Hong Kong. The company particularly specialized in Fast Moving Consumer Goods (FMCG) and Health Care Products. It generates revenue from the Air/ocean freight services income.
Executives
Wei Qun Chen director, 10 percent owner, officer: CEO UNIT 05,22/F,WAYSON COMMERCIAL BUILDING, 28 CONNAUGHT ROAD WEST, HONG KONG F4 28 CRW
Kenneth Hilowitz director 1201 CITY PLACE, EDGEWATER NJ 07020
Michael Magno director, officer: CEO 3996 NW 1ST PLACE, DEERFIELD BEACH FL 33442