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Mincor Resources NL (ASX:MCR) Net Margin % : -127.58% (As of Dec. 2022)


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What is Mincor Resources NL Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Mincor Resources NL's Net Income for the six months ended in Dec. 2022 was A$-54.73 Mil. Mincor Resources NL's Revenue for the six months ended in Dec. 2022 was A$42.90 Mil. Therefore, Mincor Resources NL's net margin for the quarter that ended in Dec. 2022 was -127.58%.

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


ASX:MCR's Net Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.28
* Ranked among companies with meaningful Net Margin % only.

Mincor Resources NL Net Margin % Historical Data

The historical data trend for Mincor Resources NL'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.

Mincor Resources NL Net Margin % Chart

Mincor Resources NL Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -33.80 -66.63 -11,779.82 -44.97

Mincor Resources NL Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 -9,920.69 -13,705.36 -23,096.67 -2.60 -127.58

Competitive Comparison of Mincor Resources NL's Net Margin %

For the Other Industrial Metals & Mining subindustry, Mincor Resources NL'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.


Mincor Resources NL's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mincor Resources NL's Net Margin % distribution charts can be found below:

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



Mincor Resources NL 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.

Mincor Resources NL's Net Margin for the fiscal year that ended in Jun. 2022 is calculated as

Net Margin=Net Income (A: Jun. 2022 )/Revenue (A: Jun. 2022 )
=-14.706/32.701
=-44.97 %

Mincor Resources NL's Net Margin for the quarter that ended in Dec. 2022 is calculated as

Net Margin=Net Income (Q: Dec. 2022 )/Revenue (Q: Dec. 2022 )
=-54.732/42.901
=-127.58 %

* 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.


Mincor Resources NL  (ASX:MCR) 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.


Mincor Resources NL Net Margin % Related Terms

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Mincor Resources NL (ASX:MCR) Business Description

Traded in Other Exchanges
N/A
Address
8 Richardson Street, Level 1, West Perth, Perth, WA, AUS, 6005
Mincor Resources NL is an Australian mining company. The company has two segments namely Kambalda Nickel Operations and Exploration. It operates within the geographical area of Australia.

Mincor Resources NL (ASX:MCR) Headlines

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