Millennium International Ordinary Shares(Mgih) Financials: Net Profit Margin Compared To Industry Average, Plus Other Key Ratios
Company Report for MGIH
Report - net profit margin
This chart shows the historical trend of net profit margin for MGIH compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Net Profit Margin
Definition: Net profit margin shows how much profit remains after paying all costs — including operating expenses, interest, and taxes — for every dollar of sales. A higher margin means the business is efficient and keeps more of its sales as bottom-line profit. Falling margins may signal rising costs or pricing pressure.
Interpretation:
• In '2021', MGIH's net profit margin was 5.7%, measuring the overall profitability of the company. Industry average for Publishing in '2021' stood at 12.0%.
• In '2022', MGIH's net profit margin was 6.2%, measuring the overall profitability of the company. The increase since '2021' reflects strengthening financial performance. Industry average for Publishing in '2022' stood at 6.6%. Industry average declined by 5.4% from previous year.
• In '2023', MGIH's net profit margin was -0.8%, measuring the overall profitability of the company. The decline from '2022' may indicate some operational or financial challenges. Industry average for Publishing in '2023' stood at -5.0%. Industry average declined by 11.6% from previous year.
• In '2024', MGIH's net profit margin was -22.8%, measuring the overall profitability of the company. The decline from '2023' may indicate some operational or financial challenges. Industry average for Publishing in '2024' stood at -12.4%. Industry average declined by 7.4% from previous year.
Overall, MGIH's net profit margin has been volatile but showed a downward trend over the past 4 years.
Formula: Net Profit Margin = Net Income / Revenue
Good Range: Ranges 5%-20% for many industries.