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Midway (ASX:MWY) Net Margin % : -1.22% (As of Dec. 2023)


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What is Midway Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Midway's Net Income for the six months ended in Dec. 2023 was A$-1.4 Mil. Midway's Revenue for the six months ended in Dec. 2023 was A$115.7 Mil. Therefore, Midway's net margin for the quarter that ended in Dec. 2023 was -1.22%.

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

ASX:MWY' s Net Margin % Range Over the Past 10 Years
Min: -6.53   Med: -1.49   Max: 9.08
Current: -3.75


ASX:MWY's Net Margin % is ranked worse than
76.82% of 289 companies
in the Forest Products industry
Industry Median: 2.39 vs ASX:MWY: -3.75

Midway Net Margin % Historical Data

The historical data trend for Midway'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.

Midway Net Margin % Chart

Midway Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Margin %
Get a 7-Day Free Trial 9.08 -4.65 -1.91 -6.53 -1.49

Midway Semi-Annual Data
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 -4.00 -8.68 2.94 -7.37 -1.22

Competitive Comparison of Midway's Net Margin %

For the Lumber & Wood Production subindustry, Midway'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.


Midway's Net Margin % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Midway's Net Margin % distribution charts can be found below:

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



Midway 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.

Midway'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 )
=-2.803/188.178
=-1.49 %

Midway'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 )
=-1.413/115.737
=-1.22 %

* 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.


Midway  (ASX:MWY) 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.


Midway Net Margin % Related Terms

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Midway (ASX:MWY) Business Description

Traded in Other Exchanges
N/A
Address
10 The Esplanade, North Shore, VIC, AUS, 3214
Midway Ltd is engaged in the production and export of wood fiber to producers of pulp, paper, and associated products in Japan and China. The company derives income from producing hardwood and softwood woodchips. Its segments include Woodfibre Processing, Forestry Logistics, Plantation Management, and Ancillary. It generates the majority of revenue from Woodfibre Processing.

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