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Sahara International Petrochemical Co (SAU:2310) Net Margin % : 7.78% (As of Dec. 2023)


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What is Sahara International Petrochemical Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Sahara International Petrochemical Co's Net Income for the three months ended in Dec. 2023 was ﷼159 Mil. Sahara International Petrochemical Co's Revenue for the three months ended in Dec. 2023 was ﷼2,040 Mil. Therefore, Sahara International Petrochemical Co's net margin for the quarter that ended in Dec. 2023 was 7.78%.

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

SAU:2310' s Net Margin % Range Over the Past 10 Years
Min: 1.23   Med: 10.7   Max: 37.08
Current: 15.42


SAU:2310's Net Margin % is ranked better than
87.15% of 1533 companies
in the Chemicals industry
Industry Median: 4.28 vs SAU:2310: 15.42

Sahara International Petrochemical Co Net Margin % Historical Data

The historical data trend for Sahara International Petrochemical Co'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.

Sahara International Petrochemical Co Net Margin % Chart

Sahara International Petrochemical Co 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 5.51 3.30 37.08 35.06 15.42

Sahara International Petrochemical Co 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 24.50 22.53 18.39 13.03 7.78

Competitive Comparison of Sahara International Petrochemical Co's Net Margin %

For the Chemicals subindustry, Sahara International Petrochemical Co'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.


Sahara International Petrochemical Co's Net Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sahara International Petrochemical Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Sahara International Petrochemical Co's Net Margin % falls into.



Sahara International Petrochemical Co 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.

Sahara International Petrochemical Co'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 )
=1174.994/7617.941
=15.42 %

Sahara International Petrochemical Co'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 )
=158.658/2039.707
=7.78 %

* 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.


Sahara International Petrochemical Co  (SAU:2310) 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.


Sahara International Petrochemical Co Net Margin % Related Terms

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Sahara International Petrochemical Co (SAU:2310) Business Description

Traded in Other Exchanges
N/A
Address
King Saud Road District, Sipchem Building, Al-Hada District, Al Khobar, SAU, 31952
Sahara International Petrochemical Co owns, operates and manages industrial projects relating to chemical and petrochemical industries. The company operating segments include Basic Chemicals, Intermediate Chemicals, Polymers, Trading and Corporate and others. It generates maximum revenue from the Trading segment. The company operates domestically and internationally. Its product portfolio consists of Methanol, Butanediol, Tetrahydrofuran, Acetic Acid, Acetic Anhydride, LDPE, EVA, Cross-Linkable LDPE, Semi Conductive LDPE, and PBT.

Sahara International Petrochemical Co (SAU:2310) Headlines

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