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Champion Iron (ASX:CIA) Net Margin % : 24.95% (As of Dec. 2023)


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What is Champion Iron Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Champion Iron's Net Income for the three months ended in Dec. 2023 was A$141 Mil. Champion Iron's Revenue for the three months ended in Dec. 2023 was A$564 Mil. Therefore, Champion Iron's net margin for the quarter that ended in Dec. 2023 was 24.95%.

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

ASX:CIA' s Net Margin % Range Over the Past 10 Years
Min: 11.39   Med: 14.39   Max: 36.23
Current: 17.89


ASX:CIA's Net Margin % is ranked better than
92.07% of 605 companies
in the Steel industry
Industry Median: 2.92 vs ASX:CIA: 17.89

Champion Iron Net Margin % Historical Data

The historical data trend for Champion Iron'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.

Champion Iron Net Margin % Chart

Champion Iron Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.68 11.39 36.23 35.77 14.39

Champion Iron 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 14.64 19.02 5.61 16.84 24.95

Competitive Comparison of Champion Iron's Net Margin %

For the Steel subindustry, Champion Iron'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.


Champion Iron's Net Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Champion Iron's Net Margin % distribution charts can be found below:

* The bar in red indicates where Champion Iron's Net Margin % falls into.



Champion Iron 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.

Champion Iron's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin=Net Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=219.732/1527.327
=14.39 %

Champion Iron'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 )
=140.828/564.472
=24.95 %

* 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.


Champion Iron  (ASX:CIA) 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.


Champion Iron Net Margin % Related Terms

Thank you for viewing the detailed overview of Champion Iron's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Champion Iron (ASX:CIA) Business Description

Traded in Other Exchanges
Address
91 Evans Street, Level 1, Rozelle, Sydney, NSW, AUS, 2039
Champion Iron Ltd is engaged in the exploration and development of iron ore properties in Quebec, Canada. The company projects include Fire Lake North, Powderhorn/Gullbridge, Moire, Quinto Claims, Harvey Tuttle, O'keefe-Purdy, and others. Its segment includes Iron Ore Concentrate; Exploration and Evaluation and Corporate. The company generates maximum revenue from the Iron Ore Concentrate segment.

Champion Iron (ASX:CIA) Headlines

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