Al Fujairah National Insurance Co PSC (ADX:AFNIC) Net Margin % : -7.67% (As of Dec. 2022)

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What is Al Fujairah National Insurance Co PSC Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Al Fujairah National Insurance Co PSC's Net Income for the six months ended in Dec. 2022 was د.إ-14.4 Mil. Al Fujairah National Insurance Co PSC's Revenue for the six months ended in Dec. 2022 was د.إ188.2 Mil. Therefore, Al Fujairah National Insurance Co PSC's net margin for the quarter that ended in Dec. 2022 was -7.67%.

The historical rank and industry rank for Al Fujairah National Insurance Co PSC's Net Margin % or its related term are showing as below:

ADX:AFNIC' s Net Margin % Range Over the Past 10 Years
Min: -7.67 Med: 12.57 Max: 17.06
Current: -7.67

ADX:AFNIC's Net Margin % is not ranked
in the Insurance industry.
Industry Median: 7.83 vs ADX:AFNIC: -7.67

Al Fujairah National Insurance Co PSC Net Margin % Historical Data

The historical data trend for Al Fujairah National Insurance Co PSC'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.

Al Fujairah National Insurance Co PSC Net Margin % Chart

Al Fujairah National Insurance Co PSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Net Margin %

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14.55

13.02

17.06

9.75

-7.67

Al Fujairah National Insurance Co PSC Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Net Margin %	Get a 7-Day Free Trial												14.55	13.02	17.06	9.75	-7.67

Competitive Comparison of Al Fujairah National Insurance Co PSC's Net Margin %

For the Insurance - Diversified subindustry, Al Fujairah National Insurance Co PSC'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.

Al Fujairah National Insurance Co PSC's Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Al Fujairah National Insurance Co PSC's Net Margin % distribution charts can be found below:

* The bar in red indicates where Al Fujairah National Insurance Co PSC's Net Margin % falls into.

Al Fujairah National Insurance Co PSC 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.

Al Fujairah National Insurance Co PSC'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 )
	=	-14.433	/	188.18
	=	-7.67 %

Al Fujairah National Insurance Co PSC'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 )
	=	-14.433	/	188.18
	=	-7.67 %

Al Fujairah National Insurance Co PSC (ADX:AFNIC) 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.

Al Fujairah National Insurance Co PSC Net Margin % Related Terms

Thank you for viewing the detailed overview of Al Fujairah National Insurance Co PSC's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Al Fujairah National Insurance Co PSC (ADX:AFNIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Al Fujairah National Insurance Co PSC (ADX:AFNIC) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hamad Bin Abdullah Street, 8th Floor, Insurance Building, PO Box 277, Fujairah, ARE

Website

https://www.afnic.ae

Al Fujairah National Insurance Co PSC is an insurance service provider. The company is engaged in the writing of all classes of general insurance and short-term life insurance. It provides services in Abu Dhabi, Dubai, Sharjah, Dibba, and Fujairah and also through Insurance ATMs. The company writes all classes of Property and Casualty insurances, including individual insurance that covers automobile insurance, medical insurance, home insurance, life insurance, and world wide personal accident insurance; and corporate insurance that covers aviation insurance, group life insurance, group medical insurance, energy insurance, engineering and projects, liability insurance, marine insurance, property insurance and miscellaneous insurance. Its segments are underwriting and investments.

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