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Sea Harvest Group (JSE:SHG) Net Margin % : 2.32% (As of Dec. 2023)


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What is Sea Harvest Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Sea Harvest Group's Net Income for the six months ended in Dec. 2023 was R70 Mil. Sea Harvest Group's Revenue for the six months ended in Dec. 2023 was R3,002 Mil. Therefore, Sea Harvest Group's net margin for the quarter that ended in Dec. 2023 was 2.32%.

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

JSE:SHG' s Net Margin % Range Over the Past 10 Years
Min: 2.82   Med: 8.08   Max: 12.17
Current: 4.55


JSE:SHG's Net Margin % is ranked better than
58.23% of 1860 companies
in the Consumer Packaged Goods industry
Industry Median: 3.3 vs JSE:SHG: 4.55

Sea Harvest Group Net Margin % Historical Data

The historical data trend for Sea Harvest Group'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.

Sea Harvest Group Net Margin % Chart

Sea Harvest Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.40 9.84 10.18 5.29 4.55

Sea Harvest Group Semi-Annual Data
Dec14 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 10.02 6.90 3.91 6.64 2.32

Competitive Comparison of Sea Harvest Group's Net Margin %

For the Farm Products subindustry, Sea Harvest Group'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.


Sea Harvest Group's Net Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sea Harvest Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Sea Harvest Group's Net Margin % falls into.



Sea Harvest Group 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.

Sea Harvest Group'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 )
=282.139/6204.776
=4.55 %

Sea Harvest Group'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 )
=69.61/3002.137
=2.32 %

* 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.


Sea Harvest Group  (JSE:SHG) 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.


Sea Harvest Group Net Margin % Related Terms

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Sea Harvest Group (JSE:SHG) Business Description

Traded in Other Exchanges
N/A
Address
Searle Street, 1st Floor, Block C, The Boulevard Office Park, Woodstock, Cape Town, ZAF, 7925
Sea Harvest Group Ltd is engaged in the fishing of Cape Hake and Shark Bay Prawns along with Horse Mackerel, Pilchards, Anchovies, and a variety of farmed species, processing of the catch into frozen and chilled seafood, and the marketing of these products, locally and internationally. It operates in four segments: South African Fishing, Australian operation, Aquaculture, and Cape Harvest Foods segments." The majority of its revenue comes from the South African Fishing segment.