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Sahamit Machinery PCL (BKK:SMIT) Pretax Margin % : 11.17% (As of Mar. 2024)


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What is Sahamit Machinery PCL Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sahamit Machinery PCL's Pre-Tax Income for the three months ended in Mar. 2024 was ฿47 Mil. Sahamit Machinery PCL's Revenue for the three months ended in Mar. 2024 was ฿421 Mil. Therefore, Sahamit Machinery PCL's pretax margin for the quarter that ended in Mar. 2024 was 11.17%.

The historical rank and industry rank for Sahamit Machinery PCL's Pretax Margin % or its related term are showing as below:

BKK:SMIT' s Pretax Margin % Range Over the Past 10 Years
Min: 9.59   Med: 11.72   Max: 17.21
Current: 9.59


BKK:SMIT's Pretax Margin % is ranked better than
75.96% of 599 companies
in the Steel industry
Industry Median: 3.55 vs BKK:SMIT: 9.59

Sahamit Machinery PCL Pretax Margin % Historical Data

The historical data trend for Sahamit Machinery PCL's Pretax Margin % 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.

* Premium members only.

Sahamit Machinery PCL Pretax Margin % Chart

Sahamit Machinery PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.22 10.42 17.21 13.28 9.85

Sahamit Machinery PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % 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 Premium Member Only Premium Member Only 12.06 11.42 10.36 4.92 11.17

Competitive Comparison of Sahamit Machinery PCL's Pretax Margin %

For the Steel subindustry, Sahamit Machinery PCL's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.


Sahamit Machinery PCL's Pretax Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sahamit Machinery PCL's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Sahamit Machinery PCL's Pretax Margin % falls into.



Sahamit Machinery PCL Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Sahamit Machinery PCL's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=159.394/1617.631
=9.85 %

Sahamit Machinery PCL's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=47.061/421.322
=11.17 %

* 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.


Sahamit Machinery PCL  (BKK:SMIT) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Sahamit Machinery PCL Pretax Margin % Related Terms

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Sahamit Machinery PCL (BKK:SMIT) Business Description

Traded in Other Exchanges
N/A
Address
42, 48 Soi chokchaijongjumroen Rama 3 Road, Bangpongpang, Yannawa, Bangkok, THA, 10120
Sahamit Machinery PCL is a thailand-based company engaged in the distribution of industrial machinery and equipment. It operates in five product groups: special steels, machine tools and tooling, pulp and paper, machinery and equipment for wood processing, and electrical engineering. The business segments of the group are; Steel and Heat treatment, Machine tools and Tooling and Others. Steel and Heat treatment include special tool steels, carbonitriding, Annealing, machinery, and carbon steels contribute majority revenue of the firm. Machine tools and tooling products include electrical discharge machine, milling cutters, and inserts for milling. It mainly operates in Thailand, and derives main revenue from the Steel and Heat treatment segment.

Sahamit Machinery PCL (BKK:SMIT) Headlines

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