Econet Wireless Zimbabwe (XZIM:ECO.ZW) Net Margin % : 5.79% (As of Aug. 2023)

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What is Econet Wireless Zimbabwe Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Econet Wireless Zimbabwe's Net Income for the six months ended in Aug. 2023 was ZWL63,659 Mil. Econet Wireless Zimbabwe's Revenue for the six months ended in Aug. 2023 was ZWL1,099,652 Mil. Therefore, Econet Wireless Zimbabwe's net margin for the quarter that ended in Aug. 2023 was 5.79%.

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

XZIM:ECO.ZW' s Net Margin % Range Over the Past 10 Years
Min: -21.02 Med: 13.48 Max: 28.46
Current: 6.25

XZIM:ECO.ZW's Net Margin % is ranked better than
58.73% of 378 companies
in the Telecommunication Services industry
Industry Median: 4.19 vs XZIM:ECO.ZW: 6.25

Econet Wireless Zimbabwe Net Margin % Historical Data

The historical data trend for Econet Wireless Zimbabwe'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.

Econet Wireless Zimbabwe Net Margin % Chart

Econet Wireless Zimbabwe Annual Data

Trend

Feb09

Feb11

Feb12

Feb19

Feb20

Feb21

Feb22

Feb23

Net Margin %

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13.48

-21.02

1.90

14.21

-4.92

Econet Wireless Zimbabwe Semi-Annual Data
	Feb11	Aug11	Feb12	Aug12	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Net Margin %	Get a 7-Day Free Trial										22.35	8.70	-4.92	-4.94	5.79

Competitive Comparison of Econet Wireless Zimbabwe's Net Margin %

For the Telecom Services subindustry, Econet Wireless Zimbabwe'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.

Econet Wireless Zimbabwe's Net Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Econet Wireless Zimbabwe's Net Margin % distribution charts can be found below:

* The bar in red indicates where Econet Wireless Zimbabwe's Net Margin % falls into.

Econet Wireless Zimbabwe 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.

Econet Wireless Zimbabwe's Net Margin for the fiscal year that ended in Feb. 2023 is calculated as

Net Margin	=	Net Income (A: Feb. 2023 )	/	Revenue (A: Feb. 2023 )
	=	-16684.879	/	339167.367
	=	-4.92 %

Econet Wireless Zimbabwe's Net Margin for the quarter that ended in Aug. 2023 is calculated as

Net Margin	=	Net Income (Q: Aug. 2023 )	/	Revenue (Q: Aug. 2023 )
	=	63659	/	1099652
	=	5.79 %

Econet Wireless Zimbabwe (XZIM:ECO.ZW) 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.

Econet Wireless Zimbabwe Net Margin % Related Terms

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Econet Wireless Zimbabwe (XZIM:ECO.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Econet Wireless Zimbabwe Ltd (XZIM:ECO.ZW) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Old Mutare Road, Econet Park, Msasa, Harare, ZWE

Website

http://www.econet.co.zw

Econet Wireless Zimbabwe Ltd is a holding company. It operates in the following segments: Cellular Network Operations, which provides cellular network services Investments & Administrations, which is the investment vehicle. The Cellular Network Operations generate maximum revenue for the company. Geographically the company offers its services only in the Zimbabwe region.

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