Cannon Resources (ASX:CNR) Net Margin % : 0.00% (As of Dec. 2021)

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What is Cannon Resources Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Cannon Resources's Net Income for the six months ended in Dec. 2021 was A$-3.52 Mil. Cannon Resources's Revenue for the six months ended in Dec. 2021 was A$0.00 Mil. Therefore, Cannon Resources's net margin for the quarter that ended in Dec. 2021 was 0.00%.

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

ASX:CNR's Net Margin % is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.06
* Ranked among companies with meaningful Net Margin % only.

Cannon Resources Net Margin % Historical Data

The historical data trend for Cannon 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.

Cannon Resources Net Margin % Chart

Cannon Resources Annual Data

Trend

Jun22

Net Margin %

Cannon Resources Semi-Annual Data
	Dec21	Jun22
Net Margin %	-	-

Competitive Comparison of Cannon Resources's Net Margin %

For the Other Industrial Metals & Mining subindustry, Cannon 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.

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

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

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

Cannon 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.

Cannon Resources's Net Margin for the fiscal year that ended in Jun. 2022 is calculated as

Net Margin	=	Net Income (A: Jun. 2022 )	/	Revenue (A: Jun. 2022 )
	=	-6.664	/	0
	=	%

Cannon Resources's Net Margin for the quarter that ended in Dec. 2021 is calculated as

Net Margin	=	Net Income (Q: Dec. 2021 )	/	Revenue (Q: Dec. 2021 )
	=	-3.522	/	0
	=	%

Cannon Resources (ASX:CNR) 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.

Cannon Resources Net Margin % Related Terms

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Cannon Resources (ASX:CNR) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

87 Colin Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.cannonres.com.au

Cannon Resources Ltd is a mineral exploration and development company. It is engaged in two projects located in the North-Eastern Goldfields region of Western Australia. The Fisher East Project contains nickel deposits of Camelwood, Cannonball, and Musket; and the Collurabbie Project. The Group operates within the mineral exploration industry in Australia.