Allkem Ltd
ASX:AKE
Net Margin
Allkem Ltd
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| AU |
A
|
Allkem Ltd
ASX:AKE
|
6.3B AUD |
37%
|
|
| AU |
|
BHP Group Ltd
ASX:BHP
|
182.8B AUD |
21%
|
|
| AU |
|
Rio Tinto Ltd
ASX:RIO
|
169.5B AUD |
22%
|
|
| UK |
|
Rio Tinto PLC
LSE:RIO
|
67B GBP |
22%
|
|
| CH |
|
Glencore PLC
LSE:GLEN
|
33.2B GBP |
-1%
|
|
| MX |
|
Grupo Mexico SAB de CV
BMV:GMEXICOB
|
844.8B MXN |
22%
|
|
| SA |
|
Saudi Arabian Mining Company SJSC
SAU:1211
|
154.3B SAR |
10%
|
|
| UK |
|
Anglo American PLC
LSE:AAL
|
26.8B GBP |
-11%
|
|
| ZA |
A
|
African Rainbow Minerals Ltd
JSE:ARI
|
32.5B Zac |
29%
|
|
| CN |
|
CMOC Group Ltd
SSE:603993
|
175.4B CNY |
7%
|
|
| IN |
|
Hindustan Zinc Ltd
NSE:HINDZINC
|
1.9T INR |
30%
|
Allkem Ltd
Glance View
Allkem Ltd., a name that resonates within the lithium sector, is a company born out of a strategic fusion and a vision to supply the world's growing demand for this transformative metal. Established from a merger of Orocobre Limited and Galaxy Resources in 2021, Allkem crafts its identity around the production of lithium chemicals, which are essential to powering the world's shift towards clean energy and electrification. In essence, the company's operations revolve around mining, extraction, and refining processes. Its portfolio, though concentrated, is geographically diverse, with operational footprints spanning from the brine-rich flats of Argentina to the mineral-rich grounds of Western Australia and Canada. The company's revenue streams primarily flow from the sale of lithium carbonate and lithium hydroxide, key components for lithium-ion batteries used in electric vehicles and consumer electronics. Allkem leverages its geographically varied operations to meet global demand. For instance, its flagship project, the Salar de Olaroz in Argentina, is a marvel of efficient brine extraction technology, producing lithium carbonate that's highly coveted in the global market. Meanwhile, the Mt Cattlin operation in Australia focuses on high-purity spodumene concentrate, represented forwardly in their financial statements as they expand their influence in an electrified world. By anchoring its business model in both strategic resource deployment and responding to a surge in battery-powered innovation, Allkem stands as a pivotal player in the evolving landscape of sustainable energy solutions.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on Allkem Ltd's most recent financial statements, the company has Net Margin of 36.6%.
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