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FarGlory Life Insurance Co (ROCO:5859) Pretax Margin % : 2.05% (As of Dec. 2023)


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What is FarGlory Life Insurance Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. FarGlory Life Insurance Co's Pre-Tax Income for the six months ended in Dec. 2023 was NT$792 Mil. FarGlory Life Insurance Co's Revenue for the six months ended in Dec. 2023 was NT$38,716 Mil. Therefore, FarGlory Life Insurance Co's pretax margin for the quarter that ended in Dec. 2023 was 2.05%.

The historical rank and industry rank for FarGlory Life Insurance Co's Pretax Margin % or its related term are showing as below:

ROCO:5859' s Pretax Margin % Range Over the Past 10 Years
Min: 0.62   Med: 3.55   Max: 8.88
Current: 2.98


ROCO:5859's Pretax Margin % is ranked worse than
82.04% of 490 companies
in the Insurance industry
Industry Median: 10.375 vs ROCO:5859: 2.98

FarGlory Life Insurance Co Pretax Margin % Historical Data

The historical data trend for FarGlory Life Insurance Co'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.

FarGlory Life Insurance Co Pretax Margin % Chart

FarGlory Life Insurance Co 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 2.97 4.11 8.88 8.33 2.98

FarGlory Life Insurance Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 6.97 20.74 -7.31 4.01 2.05

Competitive Comparison of FarGlory Life Insurance Co's Pretax Margin %

For the Insurance - Life subindustry, FarGlory Life Insurance Co'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.


FarGlory Life Insurance Co's Pretax Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, FarGlory Life Insurance Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where FarGlory Life Insurance Co's Pretax Margin % falls into.



FarGlory Life Insurance Co 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.

FarGlory Life Insurance Co'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 )
=2206.565/74004.775
=2.98 %

FarGlory Life Insurance Co's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=792.06/38716.347
=2.05 %

* 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.


FarGlory Life Insurance Co  (ROCO:5859) 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.


FarGlory Life Insurance Co Pretax Margin % Related Terms

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FarGlory Life Insurance Co (ROCO:5859) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Songgao Road, 28th Floor, Taipei, TWN
FarGlory Life Insurance Co Ltd is a Taiwan based life insurance company. The company offers products including personal life insurance, personal health insurance, personal accident insurance, annuity insurance, group insurance and investment-type insurance.

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