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Ares Asia (HKSE:00645) Net Margin % : -1.98% (As of Sep. 2023)


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What is Ares Asia Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Ares Asia's Net Income for the six months ended in Sep. 2023 was HK$-4.3 Mil. Ares Asia's Revenue for the six months ended in Sep. 2023 was HK$218.7 Mil. Therefore, Ares Asia's net margin for the quarter that ended in Sep. 2023 was -1.98%.

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

HKSE:00645' s Net Margin % Range Over the Past 10 Years
Min: -31.36   Med: -1.42   Max: 1.26
Current: -1.84


HKSE:00645's Net Margin % is ranked worse than
81.4% of 129 companies
in the Other Energy Sources industry
Industry Median: 9.13 vs HKSE:00645: -1.84

Ares Asia Net Margin % Historical Data

The historical data trend for Ares Asia'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.

Ares Asia Net Margin % Chart

Ares Asia 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 -0.74 -0.69 -1.93 -2.10 -1.58

Ares Asia Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -1.80 -2.87 -1.25 -1.73 -1.98

Competitive Comparison of Ares Asia's Net Margin %

For the Thermal Coal subindustry, Ares Asia'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.


Ares Asia's Net Margin % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Ares Asia's Net Margin % distribution charts can be found below:

* The bar in red indicates where Ares Asia's Net Margin % falls into.



Ares Asia 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.

Ares Asia'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 )
=-6.507/412.795
=-1.58 %

Ares Asia's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-4.329/218.65
=-1.98 %

* 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.


Ares Asia  (HKSE:00645) 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.


Ares Asia Net Margin % Related Terms

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Ares Asia (HKSE:00645) Business Description

Traded in Other Exchanges
N/A
Address
1 Austin Road West, Unit No. 9608, Level 96, International Commerce Centre, Kowloon, Hong Kong, HKG
Ares Asia Ltd is an investment holding company. The group is principally engaged in the business of coal trading, entailing the selling of coal purchased from various countries to Mainland China and other commodities trading, which encompasses supply chain management and risk management service. Its business falls under the primary segment of Coal and other trading. Geographically, the group has a business presence in Mainland China, Hong Kong, and other countries, of which maximum revenue is derived from Mainland China.

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