Niuminco Profit margin
What is the Profit margin of Niuminco?
The Profit margin of Niuminco Group Limited is -433.33%
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 Niuminco
What does Niuminco do?
Niuminco Group Limited, through its subsidiaries, engages in the exploration and evaluation of mineral properties. The company primarily explores for gold, silver, and copper deposits. It holds a 100% interest in the May River and Bolobip exploration licenses; and the Edie Creek mining leases located in Papua New Guinea. The company was incorporated in 2006 and is based in Belrose, Australia.
Companies with profit margin similar to Niuminco
- cyan AG has Profit margin of -438.98%
- 22nd Century Inc has Profit margin of -437.14%
- Red Sky has Profit margin of -435.75%
- Sathavahana Ispat has Profit margin of -435.09%
- Super League Gaming has Profit margin of -434.27%
- Pandion Therapeutics has Profit margin of -434.05%
- Niuminco has Profit margin of -433.33%
- Mithra Pharmaceuticals SA has Profit margin of -432.02%
- Windfall Geotek has Profit margin of -431.82%
- Windfall Geotek has Profit margin of -431.82%
- MCI Onehealth Technologies has Profit margin of -431.69%
- Shanghai La Chapelle Fashion Co has Profit margin of -430.76%
- PYI has Profit margin of -428.05%