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Grindrod Shipping Holdings (Grindrod Shipping Holdings) Net Margin % : -2.68% (As of Dec. 2023)


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What is Grindrod Shipping Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Grindrod Shipping Holdings's Net Income for the three months ended in Dec. 2023 was $-2.4 Mil. Grindrod Shipping Holdings's Revenue for the three months ended in Dec. 2023 was $88.8 Mil. Therefore, Grindrod Shipping Holdings's net margin for the quarter that ended in Dec. 2023 was -2.68%.

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

GRIN' s Net Margin % Range Over the Past 10 Years
Min: -20.8   Med: -11.76   Max: 26.09
Current: -2.49


GRIN's Net Margin % is ranked worse than
85.77% of 970 companies
in the Transportation industry
Industry Median: 5.47 vs GRIN: -2.49

Grindrod Shipping Holdings Net Margin % Historical Data

The historical data trend for Grindrod Shipping Holdings'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.

Grindrod Shipping Holdings Net Margin % Chart

Grindrod Shipping Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only -15.97 -18.41 26.09 22.45 -2.49

Grindrod Shipping Holdings Quarterly Data
Jun18 Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -5.63 -5.59 5.08 -7.55 -2.68

Competitive Comparison of Grindrod Shipping Holdings's Net Margin %

For the Marine Shipping subindustry, Grindrod Shipping Holdings'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.


Grindrod Shipping Holdings's Net Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Grindrod Shipping Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Grindrod Shipping Holdings's Net Margin % falls into.



Grindrod Shipping Holdings 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.

Grindrod Shipping Holdings'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 )
=-9.622/387.096
=-2.49 %

Grindrod Shipping Holdings'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 )
=-2.38/88.785
=-2.68 %

* 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.


Grindrod Shipping Holdings  (NAS:GRIN) 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.


Grindrod Shipping Holdings Net Margin % Related Terms

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Grindrod Shipping Holdings (Grindrod Shipping Holdings) Business Description

Traded in Other Exchanges
Address
200 Cantonment Road, No. 03-01 Southpoint, Singapore, SGP, 089763
Grindrod Shipping Holdings Ltd owns charters in and operates a fleet of drybulk carriers and one tanker. The drybulk carrier's business is further divided into handysize, and supramax. It generates its revenue from Vessels which comprise charter hire of ships and freight revenue.
Executives
Industrial Partnership Investments Proprietary Ltd 10 percent owner P O BOX 456, STELLENBOSCH T3 7599

Grindrod Shipping Holdings (Grindrod Shipping Holdings) Headlines

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