New Times Energy (HKSE:00166) Net Margin % : -2.18% (As of Dec. 2023)

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What is New Times Energy Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. New Times Energy's Net Income for the six months ended in Dec. 2023 was HK$-208 Mil. New Times Energy's Revenue for the six months ended in Dec. 2023 was HK$9,548 Mil. Therefore, New Times Energy's net margin for the quarter that ended in Dec. 2023 was -2.18%.

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

HKSE:00166' s Net Margin % Range Over the Past 10 Years
Min: -2497.2 Med: -43.95 Max: 35.37
Current: -0.58

HKSE:00166's Net Margin % is ranked worse than
50.7% of 858 companies
in the Metals & Mining industry
Industry Median: -0.17 vs HKSE:00166: -0.58

New Times Energy Net Margin % Historical Data

The historical data trend for New Times Energy'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.

New Times Energy Net Margin % Chart

New Times Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

Get a 7-Day Free Trial

-967.73

-1.58

2.95

1.37

-0.58

New Times Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial															5.63	2.07	0.68	0.35	-2.18

Competitive Comparison of New Times Energy's Net Margin %

For the Other Industrial Metals & Mining subindustry, New Times Energy'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.

New Times Energy's Net Margin % Distribution in the Metals & Mining Industry

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

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

New Times Energy 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.

New Times Energy's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-150.5	/	26150.2
	=	-0.58 %

New Times Energy'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 )
	=	-208.4	/	9548
	=	-2.18 %

New Times Energy (HKSE:00166) 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.

New Times Energy Net Margin % Related Terms

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New Times Energy (HKSE:00166) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Times Energy Corp Ltd (HKSE:00166) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

16-18 Queen’s Road Central, Room 1402, 14th Floor, New World Tower I, Hong Kong, HKG

Website

https://www.nt-energy.com

New Times Energy Corp Ltd is an investment holding company. The company's operating segment includes Upstream, which is engaged in the exploration, development, production, and sale of crude oil; and the General and commodities trading segment includes trading of non-ferrous metals, gold, and petroleum-related products. The Company operates its business through two segments. The General and Commodities Refinery and Trading segment and The Upstream segment. It generates maximum revenue from the Commodities trading segment. The company's geographical segments are Hong Kong, Mainland China, Argentina, Singapore, and the United Arab Emirates, of which Hong Kong accounts for the majority of its revenue.

New Times Energy (HKSE:00166) Headlines

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