GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Reach Resources Ltd (ASX:RR1) » Definitions » Net Margin %

Reach Resources (ASX:RR1) Net Margin % : 0.00% (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Reach Resources Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Reach Resources's Net Income for the six months ended in Dec. 2023 was A$-0.52 Mil. Reach Resources's Revenue for the six months ended in Dec. 2023 was A$0.00 Mil. Therefore, Reach Resources's net margin for the quarter that ended in Dec. 2023 was 0.00%.

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


ASX:RR1's Net Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: -0.08
* Ranked among companies with meaningful Net Margin % only.

Reach Resources Net Margin % Historical Data

The historical data trend for Reach Resources'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.

Reach Resources Net Margin % Chart

Reach Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Reach Resources 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Reach Resources's Net Margin %

For the Gold subindustry, Reach Resources'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.


Reach Resources's Net Margin % Distribution in the Metals & Mining Industry

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

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



Reach Resources 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.

Reach Resources'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 )
=-2.66/0
= %

Reach Resources'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 )
=-0.517/0
= %

* 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.


Reach Resources  (ASX:RR1) 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.


Reach Resources Net Margin % Related Terms

Thank you for viewing the detailed overview of Reach Resources's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Reach Resources (ASX:RR1) Business Description

Traded in Other Exchanges
N/A
Address
216 St Georges Terrace, Level 4, South Perth, Perth, WA, AUS, 6000
Reach Resources Ltd is a gold and base metals exploration company. It is currently involved in the Primrose Gold Project and the Skyline Rare Earth project. Skyline Rare Earth project is in the Gascoyne province of Western Australia. The Company acquired additional rare earth ground via Critical Elements Pty Ltd which is approximately 80km south of the Skyline Rare Earth project.

Reach Resources (ASX:RR1) Headlines

No Headlines