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African Rainbow Minerals (JSE:ARI) Net Margin % : 20.91% (As of Dec. 2023)


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What is African Rainbow Minerals Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. African Rainbow Minerals's Net Income for the six months ended in Dec. 2023 was R1,216 Mil. African Rainbow Minerals's Revenue for the six months ended in Dec. 2023 was R5,815 Mil. Therefore, African Rainbow Minerals's net margin for the quarter that ended in Dec. 2023 was 20.91%.

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

JSE:ARI' s Net Margin % Range Over the Past 10 Years
Min: -6.92   Med: 37.13   Max: 73.45
Current: 41.81


JSE:ARI's Net Margin % is ranked better than
95.35% of 861 companies
in the Metals & Mining industry
Industry Median: 0.21 vs JSE:ARI: 41.81

African Rainbow Minerals Net Margin % Historical Data

The historical data trend for African Rainbow Minerals'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.

African Rainbow Minerals Net Margin % Chart

African Rainbow Minerals 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 40.23 34.03 64.23 73.45 55.09

African Rainbow Minerals 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 55.09 86.62 50.18 62.35 20.91

Competitive Comparison of African Rainbow Minerals's Net Margin %

For the Other Industrial Metals & Mining subindustry, African Rainbow Minerals'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.


African Rainbow Minerals's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, African Rainbow Minerals's Net Margin % distribution charts can be found below:

* The bar in red indicates where African Rainbow Minerals's Net Margin % falls into.



African Rainbow Minerals 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.

African Rainbow Minerals'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 )
=8078/14662
=55.09 %

African Rainbow Minerals'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 )
=1216/5815
=20.91 %

* 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.


African Rainbow Minerals  (JSE:ARI) 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.


African Rainbow Minerals Net Margin % Related Terms

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African Rainbow Minerals (JSE:ARI) Business Description

Traded in Other Exchanges
Address
29 Impala Road, ARM House, Chislehurston, Sandton, GT, ZAF, 2196
African Rainbow Minerals Ltd is a South African diversified mining and minerals company. The group has various operating divisions: platinum, ferrous, coal, copper, and corporate. In addition, African Rainbow Minerals has an investment in gold through its shareholding in Harmony. Ferrous is the group's largest division, contributing roughly half of group revenue, closely trailed by the platinum division. The platinum division includes the Two Rivers Platinum Mine as a 51% subsidiary and an interest in the Modikwa Platinum Mine. The ferrous division comprises Assmang as a 50% joint venture, which includes iron ore, manganese, and chrome operations.