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Thai Group Holdings PCL (BKK:TGH) Pretax Margin % : 9.31% (As of Mar. 2024)


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What is Thai Group Holdings PCL Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Thai Group Holdings PCL's Pre-Tax Income for the three months ended in Mar. 2024 was ฿316 Mil. Thai Group Holdings PCL's Revenue for the three months ended in Mar. 2024 was ฿3,394 Mil. Therefore, Thai Group Holdings PCL's pretax margin for the quarter that ended in Mar. 2024 was 9.31%.

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

BKK:TGH' s Pretax Margin % Range Over the Past 10 Years
Min: -14.75   Med: 3.06   Max: 9.18
Current: 2.37


BKK:TGH's Pretax Margin % is ranked worse than
83.67% of 490 companies
in the Insurance industry
Industry Median: 10.36 vs BKK:TGH: 2.37

Thai Group Holdings PCL Pretax Margin % Historical Data

The historical data trend for Thai Group Holdings 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.

Thai Group Holdings PCL Pretax Margin % Chart

Thai Group Holdings PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 1.80 4.32 -14.75 9.18 1.14

Thai Group Holdings 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 3.69 6.91 -3.26 -0.92 9.31

Competitive Comparison of Thai Group Holdings PCL's Pretax Margin %

For the Insurance - Diversified subindustry, Thai Group Holdings 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.


Thai Group Holdings PCL's Pretax Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Thai Group Holdings PCL's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Thai Group Holdings PCL's Pretax Margin % falls into.



Thai Group Holdings 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.

Thai Group Holdings 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 )
=178.155/15686.779
=1.14 %

Thai Group Holdings 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 )
=316.114/3393.905
=9.31 %

* 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.


Thai Group Holdings PCL  (BKK:TGH) 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.


Thai Group Holdings PCL Pretax Margin % Related Terms

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Thai Group Holdings PCL (BKK:TGH) Business Description

Traded in Other Exchanges
N/A
Address
Silom Road, 315 Thai Group Building, 12th Floor, Silom, Bangrak, Bangkok, THA, 10500
Thai Group Holdings PCL is a Thailand-based holding company. The principal activities of the group are underwriting life assurance, underwriting non-life insurance, leasing, hire purchase services, lending, and sales of second-hand cars. It operates in four segments: Life Insurance business, Non - Life insurance business, Financial service business, and Other businesses. The vast majority of the revenues are generated from the insurance business segment. The company is managed and operates principally in Thailand.