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Taqat Mineral Trading Co (SAU:9599) Net Margin % : -5.10% (As of Jun. 2024)


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What is Taqat Mineral Trading Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Taqat Mineral Trading Co's Net Income for the six months ended in Jun. 2024 was ﷼-4.33 Mil. Taqat Mineral Trading Co's Revenue for the six months ended in Jun. 2024 was ﷼84.87 Mil. Therefore, Taqat Mineral Trading Co's net margin for the quarter that ended in Jun. 2024 was -5.10%.

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

SAU:9599' s Net Margin % Range Over the Past 10 Years
Min: -5.1   Med: 0   Max: 0
Current: -5.1


SAU:9599's Net Margin % is ranked worse than
82.37% of 2984 companies
in the Industrial Products industry
Industry Median: 5.07 vs SAU:9599: -5.10

Taqat Mineral Trading Co Net Margin % Historical Data

The historical data trend for Taqat Mineral Trading 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.

Taqat Mineral Trading Co Net Margin % Chart

Taqat Mineral Trading Co Annual Data
Trend
Net Margin %

Taqat Mineral Trading Co Semi-Annual Data
Jun23 Jun24
Net Margin % -3.53 -5.10

Competitive Comparison of Taqat Mineral Trading Co's Net Margin %

For the Metal Fabrication subindustry, Taqat Mineral Trading 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.


Taqat Mineral Trading Co's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Taqat Mineral Trading Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Taqat Mineral Trading Co's Net Margin % falls into.


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Taqat Mineral Trading 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.

Taqat Mineral Trading Co's Net Margin for the fiscal year that ended in . 20 is calculated as

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

Taqat Mineral Trading Co'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 )
=-4.326/84.871
=-5.10 %

* 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.


Taqat Mineral Trading Co  (SAU:9599) 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.


Taqat Mineral Trading Co Net Margin % Related Terms

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Taqat Mineral Trading Co Business Description

Traded in Other Exchanges
N/A
Address
Abu Nasr Al Dabbas Road, Al Musfat District, Riyadh, SAU, 14545
Taqat Mineral Trading Co is a company whose business activities are represented in its record. commercial in construction, manufacturing, transportation, storage, water supply, sanitation activities, waste management and treatment. It works in the field of metal and scrap iron recycling.

Taqat Mineral Trading Co Headlines

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