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Glorious Creation (XCNQ:GCIT.X) Net Margin % : 0.00% (As of Dec. 2023)


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What is Glorious Creation Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Glorious Creation's Net Income for the three months ended in Dec. 2023 was C$1.38 Mil. Glorious Creation's Revenue for the three months ended in Dec. 2023 was C$0.00 Mil. Therefore, Glorious Creation's net margin for the quarter that ended in Dec. 2023 was 0.00%.

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


XCNQ:GCIT.X's Net Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.89
* Ranked among companies with meaningful Net Margin % only.

Glorious Creation Net Margin % Historical Data

The historical data trend for Glorious Creation'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.

Glorious Creation Net Margin % Chart

Glorious Creation Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial -1,242.86 - - - -

Glorious Creation 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 - - - - -

Competitive Comparison of Glorious Creation's Net Margin %

For the Shell Companies subindustry, Glorious Creation'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.


Glorious Creation's Net Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Glorious Creation's Net Margin % distribution charts can be found below:

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



Glorious Creation 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.

Glorious Creation'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 )
=0.819/0
= %

Glorious Creation'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 )
=1.381/0
= %

* 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.


Glorious Creation  (XCNQ:GCIT.X) 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.


Glorious Creation Net Margin % Related Terms

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Glorious Creation (XCNQ:GCIT.X) Business Description

Traded in Other Exchanges
N/A
Address
750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7
Glorious Creation Ltd is currently identifying and evaluating new potential assets or business acquisitions.

Glorious Creation (XCNQ:GCIT.X) Headlines

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