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Velesto Energy Bhd (XKLS:5243) Net Margin % : 0.42% (As of Sep. 2023)


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What is Velesto Energy Bhd Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Velesto Energy Bhd's Net Income for the three months ended in Sep. 2023 was RM1 Mil. Velesto Energy Bhd's Revenue for the three months ended in Sep. 2023 was RM289 Mil. Therefore, Velesto Energy Bhd's net margin for the quarter that ended in Sep. 2023 was 0.42%.

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

XKLS:5243' s Net Margin % Range Over the Past 10 Years
Min: -366.72   Med: -20.68   Max: 25.64
Current: 0.62


XKLS:5243's Net Margin % is ranked worse than
66.02% of 977 companies
in the Oil & Gas industry
Industry Median: 4.18 vs XKLS:5243: 0.62

Velesto Energy Bhd Net Margin % Historical Data

The historical data trend for Velesto Energy Bhd'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.

Velesto Energy Bhd Net Margin % Chart

Velesto Energy Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.40 4.95 -89.91 -24.06 -17.29

Velesto Energy Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 8.61 -10.70 4.95 6.23 0.42

Competitive Comparison of Velesto Energy Bhd's Net Margin %

For the Oil & Gas Drilling subindustry, Velesto Energy Bhd'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.


Velesto Energy Bhd's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Velesto Energy Bhd's Net Margin % distribution charts can be found below:

* The bar in red indicates where Velesto Energy Bhd's Net Margin % falls into.



Velesto Energy Bhd 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.

Velesto Energy Bhd's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-100.402/580.853
=-17.29 %

Velesto Energy Bhd'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 )
=1.215/289.236
=0.42 %

* 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.


Velesto Energy Bhd  (XKLS:5243) 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.


Velesto Energy Bhd Net Margin % Related Terms

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Velesto Energy Bhd (XKLS:5243) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Stesen Sentral 5, Level 18, Block 3A, Plaza Sentral, Kuala Lumpur, MYS, 50470
Velesto Energy Bhd is a Malaysia-based company that provides services to the oil and gas industry. It is engaged in the provision of drilling services for exploration, development, and production wells and workover services to the upstream sector of the oil and gas industry. It is also engaged in the provision of threading, inspection, and repair services for Oil Country Tubular Goods in Malaysia and overseas. The company has four operating segments namely drilling services; Integrated services; oilfield services; and others. The company has a geographical presence in Malaysia, Indonesia, and Singapore.

Velesto Energy Bhd (XKLS:5243) Headlines

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