Advance Nanotek Profit margin
What is the Profit margin of Advance Nanotek?
The Profit margin of Advance Nanotek Limited is -9.08%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Materials sector on ASX compared to Advance Nanotek
What does Advance Nanotek do?
Advance ZincTek Limited, together with its subsidiaries, manufactures aluminum oxide powder, and zinc oxide dispersions and powder for use in the personal care sector in Australia, the United States, Canada, Europe, and internationally. It produces and distributes dispersion of mineral-only UV filters in cosmetic emollients that are used for sunscreen, skincare, and pharmaceutical formulations, as well as alumina plate-like powders used for cosmetic applications. The company operates through a network of distributors. The company was formerly known as Advance NanoTek Limited and changed its name to Advance ZincTek Limited in November 2021. Advance ZincTek Limited was incorporated in 1997 and is based in Rocklea, Australia.
Companies with profit margin similar to Advance Nanotek
- Hong Kong Food Investment has Profit margin of -9.13%
- Petro-king Oilfield Services has Profit margin of -9.11%
- Cettire has Profit margin of -9.08%
- Tyro Payments has Profit margin of -9.08%
- Tyro Payments has Profit margin of -9.08%
- Glory Flame has Profit margin of -9.08%
- Advance Nanotek has Profit margin of -9.08%
- Yield Go has Profit margin of -9.06%
- SFC AG has Profit margin of -9.06%
- CounterPath has Profit margin of -9.06%
- Fountain S.A has Profit margin of -9.05%
- Acorn has Profit margin of -9.04%
- Constellation Technologies has Profit margin of -9.04%