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Korea Gas (XKRX:036460) Net Margin % : 3.17% (As of Mar. 2024)


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What is Korea Gas Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Korea Gas's Net Income for the three months ended in Mar. 2024 was ₩406,356 Mil. Korea Gas's Revenue for the three months ended in Mar. 2024 was ₩12,810,655 Mil. Therefore, Korea Gas's net margin for the quarter that ended in Mar. 2024 was 3.17%.

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

XKRX:036460' s Net Margin % Range Over the Past 10 Years
Min: -5.44   Med: 0.68   Max: 3.45
Current: -1.24


XKRX:036460's Net Margin % is ranked worse than
87.6% of 516 companies
in the Utilities - Regulated industry
Industry Median: 7.73 vs XKRX:036460: -1.24

Korea Gas Net Margin % Historical Data

The historical data trend for Korea Gas'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.

Korea Gas Net Margin % Chart

Korea Gas 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 0.16 -0.83 3.45 2.89 -1.71

Korea Gas Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.74 -0.83 -2.11 -6.22 3.17

Competitive Comparison of Korea Gas's Net Margin %

For the Utilities - Regulated Gas subindustry, Korea Gas'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.


Korea Gas's Net Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Korea Gas's Net Margin % distribution charts can be found below:

* The bar in red indicates where Korea Gas's Net Margin % falls into.



Korea Gas 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.

Korea Gas'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 )
=-761211.082/44555995.015
=-1.71 %

Korea Gas's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=406355.548/12810655.397
=3.17 %

* 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.


Korea Gas  (XKRX:036460) 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.


Korea Gas Net Margin % Related Terms

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


Korea Gas (XKRX:036460) Business Description

Traded in Other Exchanges
N/A
Address
215 Jeongja-dong, Bundang-gu, Seongnam, KOR, 463-754
Korea Gas Corp is a Korean natural gas utility company. The Government of Korea holds a majority stake in the firm. Korea Gas Corp holds a monopoly as the country's only natural gas distributor with a nationwide network of pipelines and storage tanks. The company segments its operations into Domestic Business and Overseas Business units. The Domestic Business division encompasses Korea Gas' liquefied natural gas (LNG) purchasing, supply, storage, and pipeline distributing activities. The company primarily buys natural gas from Middle Eastern and Southeast Asian sources. Korea Gas' total revenue is split fairly evenly between the sale of natural gas to urban consumers and to the power sector. Korean housing and industrial customers represent the majority of the firm's customer base.

Korea Gas (XKRX:036460) Headlines

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