Rasan Information Technology Co (SAU:8313) Net Margin % : 33.32% (As of Sep. 2024)

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What is Rasan Information Technology Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Rasan Information Technology Co's Net Income for the three months ended in Sep. 2024 was ﷼36.6 Mil. Rasan Information Technology Co's Revenue for the three months ended in Sep. 2024 was ﷼110.0 Mil. Therefore, Rasan Information Technology Co's net margin for the quarter that ended in Sep. 2024 was 33.32%.

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

SAU:8313' s Net Margin % Range Over the Past 10 Years
Min: 0 Med: 0 Max: 26.2
Current: 26.2

SAU:8313's Net Margin % is ranked better than
87.97% of 482 companies
in the Insurance industry
Industry Median: 8.265 vs SAU:8313: 26.20

Rasan Information Technology Co Net Margin % Historical Data

The historical data trend for Rasan Information Technology 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.

Rasan Information Technology Co Net Margin % Chart

Rasan Information Technology Co Annual Data

Trend

Net Margin %

Rasan Information Technology Co Quarterly Data
	Jun23	Sep23	Jun24	Sep24
Net Margin %	10.41	36.29	13.88	33.32

Competitive Comparison of Rasan Information Technology Co's Net Margin %

For the Insurance Brokers subindustry, Rasan Information Technology 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.

Rasan Information Technology Co's Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Rasan Information Technology Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Rasan Information Technology Co's Net Margin % falls into.

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Rasan Information Technology 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.

Rasan Information Technology Co's Net Margin for the fiscal year that ended in . 20 is calculated as

Net Margin	=	Net Income (A: . 20 )	/	Revenue (A: . 20 )
	=		/
	=	%

Rasan Information Technology Co'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 )
	=	36.647	/	110
	=	33.32 %

Rasan Information Technology Co (SAU:8313) 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.

Rasan Information Technology Co Net Margin % Related Terms

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Rasan Information Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Rasan Information Technology Co (SAU:8313) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3413, Al Thumama Road, 1st Floor, Al-Jadah Square, Qurtuba District, Riyadh, SAU, 13248

Website

https://www.rasan.co

Rasan Information Technology Co is engaged in online wholesale, electronic publishing, ready software publishing, systems analysis, design and customization of program software, software maintenance, web page design, setting up of web page hosting infrastructure, providing SMS design, and website design. Currently, it is engaged in providing insurance aggregator, online auto auction, and online leasing insurance services. The company's operating segments include Tameeni-Motors, Tameeni-Health, Leasing, Awal Mazad, and R Solutions. Maximum revenue is derived from the Tameeni Motors segment which offers a B2C digital platform providing vehicle owners access to motor insurers.

Rasan Information Technology Co Headlines

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