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Millennium Global Holdings (PHS:MG) Net Margin % : 0.12% (As of Sep. 2024)


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What is Millennium Global Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Millennium Global Holdings's Net Income for the three months ended in Sep. 2024 was ₱0.1 Mil. Millennium Global Holdings's Revenue for the three months ended in Sep. 2024 was ₱108.4 Mil. Therefore, Millennium Global Holdings's net margin for the quarter that ended in Sep. 2024 was 0.12%.

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

PHS:MG' s Net Margin % Range Over the Past 10 Years
Min: -0.82   Med: -0.12   Max: 0.07
Current: -0.22


PHS:MG's Net Margin % is ranked worse than
74.87% of 1878 companies
in the Consumer Packaged Goods industry
Industry Median: 3.56 vs PHS:MG: -0.22

Millennium Global Holdings Net Margin % Historical Data

The historical data trend for Millennium Global 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.

Millennium Global Holdings Net Margin % Chart

Millennium Global 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 -0.76 -0.82 -0.08 -0.09 -0.31

Millennium Global Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.08 -0.36 -0.21 -0.01 0.12

Competitive Comparison of Millennium Global Holdings's Net Margin %

For the Packaged Foods subindustry, Millennium Global 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.


Millennium Global Holdings's Net Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Millennium Global Holdings's Net Margin % distribution charts can be found below:

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


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Millennium Global 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.

Millennium Global 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 )
=-3.153/1001.877
=-0.31 %

Millennium Global Holdings's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=0.131/108.375
=0.12 %

* 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.


Millennium Global Holdings  (PHS:MG) 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.


Millennium Global Holdings Net Margin % Related Terms

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Millennium Global Holdings Business Description

Traded in Other Exchanges
N/A
Address
Lot 9 Block 2, John Street, Multinational Village, Paranaque, PHL, 1701
Millennium Global Holdings Inc is engaged in the seafood business. The company is engaged in the processing of high-quality seafood and aquaculture products for export and trading of imported marine and other related products. Its business activity is the processing and export of several quality and high-valued seafood products such as Black Tiger Shrimps, Kisu (asohos) fillet, and frozen lobsters, among others. It derives its revenue primarily from the export sale of aquatic and marine products.