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Altech Batteries (Altech Batteries) Net Margin % : -161,714.29% (As of Dec. 2023)


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What is Altech Batteries Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Altech Batteries's Net Income for the six months ended in Dec. 2023 was $-11.32 Mil. Altech Batteries's Revenue for the six months ended in Dec. 2023 was $0.01 Mil. Therefore, Altech Batteries's net margin for the quarter that ended in Dec. 2023 was -161,714.29%.

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

ALTHF' s Net Margin % Range Over the Past 10 Years
Min: -735660   Med: 0   Max: 0
Current: -735660


ALTHF's Net Margin % is ranked worse than
100% of 1533 companies
in the Chemicals industry
Industry Median: 4 vs ALTHF: -735660.00

Altech Batteries Net Margin % Historical Data

The historical data trend for Altech Batteries'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.

Altech Batteries Net Margin % Chart

Altech Batteries 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 - - - - -

Altech Batteries 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 - - -8,612.50 - -161,714.29

Competitive Comparison of Altech Batteries's Net Margin %

For the Specialty Chemicals subindustry, Altech Batteries'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.


Altech Batteries's Net Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Altech Batteries's Net Margin % distribution charts can be found below:

* The bar in red indicates where Altech Batteries's Net Margin % falls into.



Altech Batteries 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.

Altech Batteries'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 )
=-40.079/0
= %

Altech Batteries'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 )
=-11.32/0.007
=-161,714.29 %

* 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.


Altech Batteries  (OTCPK:ALTHF) 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.


Altech Batteries Net Margin % Related Terms

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Altech Batteries (Altech Batteries) Business Description

Traded in Other Exchanges
Address
295 Rokeby Road, Suite 8, Subiaco, Perth, WA, AUS, 6008
Altech Batteries Ltd is a specialty battery technology company. The company operates in four segments which include Silumna Anodes, CERENERGY, High Purity Alumina, and Corporate. Its project includes the German Sodium Chloride CERENERGY Solid State (SCSS) Battery Project and others.

Altech Batteries (Altech Batteries) Headlines

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