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MGI Tech Co (SHSE:688114) Pre-Tax Income : ¥-631 Mil (TTM As of Mar. 2024)


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What is MGI Tech Co Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. MGI Tech Co's pretax income for the three months ended in Mar. 2024 was ¥-183 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-631 Mil. MGI Tech Co's pretax margin was -34.55%.

During the past 7 years, MGI Tech Co's highest Pretax Margin was 59.83%. The lowest was -22.34%. And the median was 9.77%.


MGI Tech Co Pre-Tax Income Historical Data

The historical data trend for MGI Tech Co's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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MGI Tech Co Pre-Tax Income Chart

MGI Tech Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial -130.95 277.63 596.04 2,531.39 -590.58

MGI Tech Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -143.38 67.36 -100.33 -414.23 -183.37

Competitive Comparison of MGI Tech Co's Pre-Tax Income

For the Medical Devices subindustry, MGI Tech Co's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MGI Tech Co's Pre-Tax Income Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, MGI Tech Co's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where MGI Tech Co's Pre-Tax Income falls into.



MGI Tech Co Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

MGI Tech Co's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-463.291+0+-13.407+129.144+-243.024
=-591

MGI Tech Co's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-171.419+0+-3.851+-21.365+13.269
=-183

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-631 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MGI Tech Co  (SHSE:688114) Pre-Tax Income Explanation

MGI Tech Co's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=-183.366/530.736
=-34.55%

During the past 7 years, MGI Tech Co's highest Pretax Margin was 59.83%. The lowest was -22.34%. And the median was 9.77%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MGI Tech Co Pre-Tax Income Related Terms

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MGI Tech Co (SHSE:688114) Business Description

Traded in Other Exchanges
N/A
Address
Beishan Industrial Zone, 2nd Floor, Comprehensive Building and Building 11, Yantian District, Guangdong Province, Shenzhen, CHN, 518083
MGI Tech Co Ltd is a producer of clinical high-throughput gene sequencers, and its multi-omics platforms include genetic sequencing, medical imaging, and laboratory automation. It provides real-time, panoramic, and full-life-cycle equipment and systems for precision medicine, precision agriculture, precision healthcare and other relevant industries.

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