Magnis Energy Technologies Ltd
ASX:MNS

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Magnis Energy Technologies Ltd
ASX:MNS
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Price: 0.042 AUD -6.67% Market Closed
Market Cap: AU$50.4m

Gross Margin

-4 419.8%
Current
Improving
by 201.5%
vs 3-y average of -4 621.3%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
-4 419.8%
=
Gross Profit
AU$-6.9m
/
Revenue
AU$155.9k

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
-4 419.8%
=
Gross Profit
AU$-6.9m
/
Revenue
AU$155.9k

Peer Comparison

Country Company Market Cap Gross
Margin
AU
Magnis Energy Technologies Ltd
ASX:MNS
50.4m AUD
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AU
BHP Group Ltd
ASX:BHP
254.6B AUD
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AU
Rio Tinto Ltd
ASX:RIO
254.2B AUD
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UK
Rio Tinto PLC
LSE:RIO
109.8B GBP
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MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1.5T MXN
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CH
Glencore PLC
LSE:GLEN
61.9B GBP
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SA
Saudi Arabian Mining Company SJSC
SAU:1211
248.9B SAR
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CN
CMOC Group Ltd
SSE:603993
409.9B CNY
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CN
China Molybdenum Co Ltd
OTC:CMCLF
50.3B USD
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UK
Anglo American PLC
LSE:AAL
36.8B GBP
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ZA
African Rainbow Minerals Ltd
JSE:ARI
42.4B ZAR
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Market Distribution

Lower than 97% of companies in Australia
Percentile
3rd
Based on 2 544 companies
3rd percentile
-4 419.8%
Low
-6 907 100% — 21.6%
Typical Range
21.6% — 58.2%
High
58.2% — 2 095.9%
Distribution Statistics
Australia
Min -6 907 100%
30th Percentile 21.6%
Median 38.3%
70th Percentile 58.2%
Max 2 095.9%

Magnis Energy Technologies Ltd
Glance View

Market Cap
50.4m AUD
Industry
Metals & Mining

Magnis Energy Technologies Ltd. engages in the business of exploring, developing and mining natural flake graphite and manufacturing lithium-ion battey. The company is headquartered in Sydney, New South Wales and currently employs 5 full-time employees. The company went IPO on 2005-10-25. Magnis has three core areas of focus: battery technologies, gigafactories and graphite. The firm has a partnership interest in Charge CCCV LLC (C4V), a United Sates-based intellectual property company with patented discoveries in lithium-ion battery (LIB) composition and manufacture. Magnis has ownership interests in two LIB cell gigafactories in Endicott, New York and Townsville, Australia. The firm also holds a graphite deposit in south east Tanzania known as the Nachu Graphite Project, with high distribution towards natural flake graphite in the super jumbo, jumbo and large flake categories, which is used in battery anodes.

MNS Intrinsic Value
Not Available
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
-4 419.8%
=
Gross Profit
AU$-6.9m
/
Revenue
AU$155.9k
What is Magnis Energy Technologies Ltd's current Gross Margin?

The current Gross Margin for Magnis Energy Technologies Ltd is -4 419.8%, which is above its 3-year median of -4 621.3%.

How has Gross Margin changed over time?

Over the last 3 years, Magnis Energy Technologies Ltd’s Gross Margin has decreased from 100% to -4 419.8%. During this period, it reached a low of -7 614.8% on Dec 31, 2022 and a high of 100% on Jun 30, 2021.

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