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DRDGold (JSE:DRD) Net Margin % : 23.31% (As of Jun. 2023)


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What is DRDGold Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. DRDGold's Net Income for the six months ended in Jun. 2023 was R1,281 Mil. DRDGold's Revenue for the six months ended in Jun. 2023 was R5,496 Mil. Therefore, DRDGold's net margin for the quarter that ended in Jun. 2023 was 23.31%.

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

JSE:DRD' s Net Margin % Range Over the Past 10 Years
Min: -2.53   Med: 3.03   Max: 27.33
Current: 23.31


JSE:DRD's Net Margin % is ranked better than
89.91% of 862 companies
in the Metals & Mining industry
Industry Median: 0.325 vs JSE:DRD: 23.31

DRDGold Net Margin % Historical Data

The historical data trend for DRDGold'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.

DRDGold Net Margin % Chart

DRDGold 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 2.84 15.17 27.33 21.96 23.31

DRDGold Semi-Annual Data
Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
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 2.84 15.17 27.33 21.96 23.31

Competitive Comparison of DRDGold's Net Margin %

For the Gold subindustry, DRDGold'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.


DRDGold's Net Margin % Distribution in the Metals & Mining Industry

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

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



DRDGold 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.

DRDGold'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 )
=1281.4/5496.3
=23.31 %

DRDGold's Net Margin for the quarter that ended in Jun. 2023 is calculated as

Net Margin=Net Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=1281.4/5496.3
=23.31 %

* 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.


DRDGold  (JSE:DRD) 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.


DRDGold Net Margin % Related Terms

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DRDGold (JSE:DRD) Business Description

Traded in Other Exchanges
Address
Cnr 14th Avenue and Hendrik Potgieter Road, Constantia Office Park, Cycad House, Building 17, Ground Floor, Weltevreden Park, ZAF, 1709
DRDGold Ltd is a South African gold mining company engaged in surface gold tailings retreatment including exploration, extraction, processing, and smelting. It has two operating segments: the Ergo which is a surface gold retreatment operation that treats old slime dams and sand dumps to the south of Johannesburg's central the business district as well as the East and Central Rand goldfields; and the FWGR which is a surface gold retreatment operation and treats old slime dams in the West Rand goldfields. The Ergo segment derives a vast majority of the revenue.

DRDGold (JSE:DRD) Headlines

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