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Fenix Resources (ASX:FEX) Net Margin % : 17.37% (As of Dec. 2023)


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What is Fenix Resources Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Fenix Resources's Net Income for the six months ended in Dec. 2023 was A$22.1 Mil. Fenix Resources's Revenue for the six months ended in Dec. 2023 was A$126.9 Mil. Therefore, Fenix Resources's net margin for the quarter that ended in Dec. 2023 was 17.37%.

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

ASX:FEX' s Net Margin % Range Over the Past 10 Years
Min: 14.86   Med: 20.35   Max: 42.88
Current: 16.91


ASX:FEX's Net Margin % is ranked better than
91.24% of 605 companies
in the Steel industry
Industry Median: 2.91 vs ASX:FEX: 16.91

Fenix Resources Net Margin % Historical Data

The historical data trend for Fenix Resources'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.

Fenix Resources Net Margin % Chart

Fenix Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 42.88 20.35 14.86

Fenix Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 12.19 27.29 12.86 16.38 17.37

Competitive Comparison of Fenix Resources's Net Margin %

For the Steel subindustry, Fenix Resources'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.


Fenix Resources's Net Margin % Distribution in the Steel Industry

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

* The bar in red indicates where Fenix Resources's Net Margin % falls into.



Fenix Resources 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.

Fenix Resources's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin=Net Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=29.253/196.85
=14.86 %

Fenix Resources'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 )
=22.052/126.934
=17.37 %

* 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.


Fenix Resources  (ASX:FEX) 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.


Fenix Resources Net Margin % Related Terms

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Fenix Resources (ASX:FEX) Business Description

Traded in Other Exchanges
N/A
Address
1202 Hay Street, Office 10, Emerald House, Perth, WA, AUS, 6005
Fenix Resources Ltd is an Australian company engaged in exploring, developing, and mining mineral tenements. The Group has three reportable segments: the Iron Ridge Project, Fenix-Newhaul and Trucking Joint Venture. It is involved in the exploration of iron, base metals, and precious metals in Western Australia. The majority of the revenue is generated from Western Australia's iron ore mining. Its Iron Ridge Project is located approximately 600 km north-northeast of Perth and approximately 67 km northeast of the township of Cue in the Murchison region.