Lithium Power International Profit margin
What is the Profit margin of Lithium Power International?
The Profit margin of Lithium Power International Limited is -1,057.14%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Materials sector on ASX compared to Lithium Power International
What does Lithium Power International do?
Lithium Power International Limited, a lithium company, engages in the identification, acquisition, development, and exploration of lithium projects in Chile and Australia. The company holds a 51% interest in the Maricunga lithium brine project located in the Atacama Region, Chile; and 100% interest in the Pilgangoora lithium tenement in the Pilbara region of North West Western Australia. It also holds a 100% interest in the Tabba Tabba property located in North West Western Australia; and 100% interest in the Greenbushes project in the South West Western Australia. Lithium Power International Limited was founded in 2015 and is based in Sydney, Australia.
Companies with profit margin similar to Lithium Power International
- 15 Split has Profit margin of -1,061.08%
- 15 Split has Profit margin of -1,061.08%
- OptiFreeze AB (publ) has Profit margin of -1,060.09%
- Central Iron Ore has Profit margin of -1,058.82%
- PharmaCielo has Profit margin of -1,058.44%
- LBT Innovations has Profit margin of -1,057.28%
- Lithium Power International has Profit margin of -1,057.14%
- Cocoon has Profit margin of -1,056.70%
- Ambrx Biopharma has Profit margin of -1,053.72%
- Elsight has Profit margin of -1,052.88%
- Ocugen Inc has Profit margin of -1,045.03%
- Shineco Inc has Profit margin of -1,040.65%
- Catalyst Biosciences Inc has Profit margin of -1,038.04%