Heavy Rare Earths (ASX:HRE) Net Margin % : 0.00% (As of Dec. 2023)

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What is Heavy Rare Earths Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Heavy Rare Earths's Net Income for the six months ended in Dec. 2023 was A$-0.47 Mil. Heavy Rare Earths's Revenue for the six months ended in Dec. 2023 was A$0.00 Mil. Therefore, Heavy Rare Earths's net margin for the quarter that ended in Dec. 2023 was 0.00%.

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

ASX:HRE's Net Margin % is not ranked ^*
in the Metals & Mining industry.
Industry Median: -0.08
* Ranked among companies with meaningful Net Margin % only.

Heavy Rare Earths Net Margin % Historical Data

The historical data trend for Heavy Rare Earths'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.

Heavy Rare Earths Net Margin % Chart

Heavy Rare Earths Annual Data

Trend

Jun23

Net Margin %

Heavy Rare Earths Semi-Annual Data
	Jun22	Jun23	Dec23
Net Margin %	-	-	-

Competitive Comparison of Heavy Rare Earths's Net Margin %

For the Other Industrial Metals & Mining subindustry, Heavy Rare Earths'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.

Heavy Rare Earths's Net Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Heavy Rare Earths's Net Margin % falls into.

Heavy Rare Earths 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.

Heavy Rare Earths'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 )
	=	-1.794	/	0
	=	%

Heavy Rare Earths'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 )
	=	-0.47	/	0
	=	%

Heavy Rare Earths (ASX:HRE) 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.

Heavy Rare Earths Net Margin % Related Terms

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Heavy Rare Earths (ASX:HRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Heavy Rare Earths Ltd (ASX:HRE) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000

Website

https://www.hreltd.com.au

Heavy Rare Earths Ltd is an Australian rare earth exploration company with projects in Western Australia and the Northern Territory. The firm's key exploration project is Cowalinya in Western Australia. This is a clay-hosted rare earth project. It holds interest in Duke rare earth project. Rare earth materials are used in a wide array of technology and future-facing applications, including smartphones, wind energy, and hybrid and electric vehicles.

Heavy Rare Earths (ASX:HRE) Headlines

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