فولاد

A review of the profitability of Kaveh South Kish Steel (Kaveh) and Isfahan Mobarakeh Steel Company (Steel) in the last three years shows that: **Net profit margin:** * Kaveh: The net profit margin fluctuated between 8.66% and 27.46% in the investigated time period. * Steel: The net profit margin has changed between 19.69% and 42.39% in the same period. **Gross profit margin:** * Kaveh: The gross profit margin has varied between 11.78% and 30.67%. * Steel: The gross profit margin fluctuated between 25.75% and 46.70% during the same period. **Conclusion:** Based on the available data, Isfahan Mobarakeh Steel Company has consistently had a higher net and gross profit margin than Kaveh Steel Company South of Kish in the last three years, which indicates the greater profitability of Foalad compared to Kaveh. However, both companies have been profitable during this period.

Excellent! Now I present the parsed information in a neat table: ## A comprehensive analysis of the reasons for the decrease in the net profit margin of Mobarakeh Steel ### 1. Comparison of main annual indicators (12 months): **Year 1402:** - Operating revenues: 2.411 trillion rials - Total price: 1.541 trillion rials - Sales, administrative and general expenses: 89 billion Rials - Financial expenses: 85 billion Rials - Net profit: 925 billion Rials **Year 1403:** - Operating revenues: 2.764 trillion rials - Total price: 1.804 trillion rials - Sales, administrative and general expenses: 117 billion Rials - Financial expenses: 131 billion Rials - Net profit: 996 billion Rials --- ### 2. Analysis of cost components (main causes of margin reduction): **a) direct consumables:** - 1402: 1.071 trillion rials - 1403: 1.260 trillion rials - **Increase: 187 billion rials (18%)** - This is the most influential factor in increasing the cost price **b) direct production wages:** - 1402: 26.6 billion rials - 1403: 34 billion rials - **Increase: 7.5 billion rials (28%)** - Increasing the ratio of wages more than additional incomes **c) production overhead:** - 1402: 461 billion rials - 1403: 594 billion rials - **Increase: 132 billion rials (29%)** --- ### 3. Operating and financial costs: **Sales, administrative and general expenses:** - 1402: 89 billion rials (3.7% of income) - 1403: 117 billion rials (4.2% of income) - **Increase: 28 billion rials (31%)** **Financial costs:** - 1402: 85 billion rials (3.5% of income) - 1403: 131 billion rials (4.7% of income) - **Increase: 46 billion rials (54%)** --- ### 4. Conclusion: **The main reasons for the decrease in net profit margin:** 1. **Strong increase in raw materials (18%):** This is the biggest factor. The company was unable to raise sales prices enough to cover raw material costs. 2. **Increase in financial expenses (54%):** This significant increase indicates an increase in interest on facilities or other financial expenses. 3. **Increase in production overhead (29%):** General production costs have increased relatively. 4. **Increase in wages (28%):** The increase in labor costs has been greater than the improvement in incomes. **Positive:** Despite these cost increases, net profit actually increased (from 925 to 996 billion), but net profit margin decreased as revenues grew relatively more. This means that the company was able to increase absolute profit by improving production and sales performance, but the relative profitability per unit of revenue decreased. **Suggestion for the next step:** Do you want to check whether the selling price of steel in the market (selling rate) has changed between these two years and how we can improve the pricing strategy?

Based on the information received, the comparison of the net profit margin of Mobarakeh steel in Isfahan in 1402 and 1403: ## Comparison of the net profit margin of Isfahan Mobarake steel **Year 1402:** - Annual net profit margin (12 months): **38.39%** - This ratio shows the net profit obtained for each unit of income. **Year 1403:** - Annual net profit margin (12 months): **36.06%** ### Analysis and conclusion: **Reduction of net profit margin:** The net profit margin of Mobarake steel has decreased from 38.39% in 1402 to 36.06% in 1403. This reduction is equivalent to **2.33%**. This decrease can be caused by various factors: - Increase in operational or financial costs - Relative reduction in selling price - Changes in the composition of products However, the net profit margin of 36% is still a very acceptable and healthy level that indicates the company's proper efficiency in generating profit from sales. **Suggestion for the next step:** To better understand the reasons for this decrease, we can compare the operating costs and the cost structure in these two years to determine which element had the greatest impact. Do you want me to do this analysis?

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Sadertine Investment Company sells 250,000 million shares of steel on 14/07/07 and currently accounts for 2.376 percent of steel shares in its portfolio.

Sadrinetamin Investment Company 136.849 million has sold 21/06/31 and currently accounts for 2.393 % of steel shares in its portfolio.

The Institute of Pension, Duty, Disability and 3380,000 million shares bought steel shares on 14/05/07 and currently holds 3.56 percent of steel shares in its portfolio.

The Welfare Capital Development Company bought 50,500 million shares of steel on 20/02/20 and currently holds 10.519 % of steel shares in its joint portfolio.

The Welfare Capital Development Company purchased 48.650 million shares of steel on 14/02/17 and currently holds 10.515 % of steel shares in its joint portfolio.