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Advanced Petrochemical Co (SAU:2330) Pretax Margin % : -18.83% (As of Mar. 2024)


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What is Advanced Petrochemical Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Advanced Petrochemical Co's Pre-Tax Income for the three months ended in Mar. 2024 was ﷼-60 Mil. Advanced Petrochemical Co's Revenue for the three months ended in Mar. 2024 was ﷼321 Mil. Therefore, Advanced Petrochemical Co's pretax margin for the quarter that ended in Mar. 2024 was -18.83%.

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

SAU:2330' s Pretax Margin % Range Over the Past 10 Years
Min: 3.53   Med: 27.66   Max: 35.28
Current: 3.53


SAU:2330's Pretax Margin % is ranked worse than
59.55% of 1528 companies
in the Chemicals industry
Industry Median: 5.515 vs SAU:2330: 3.53

Advanced Petrochemical Co Pretax Margin % Historical Data

The historical data trend for Advanced Petrochemical 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.

Advanced Petrochemical Co Pretax Margin % Chart

Advanced Petrochemical 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 30.40 27.98 27.98 10.03 7.43

Advanced Petrochemical Co 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 6.86 10.50 7.86 4.49 -18.83

Competitive Comparison of Advanced Petrochemical Co's Pretax Margin %

For the Chemicals subindustry, Advanced Petrochemical 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.


Advanced Petrochemical Co's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Advanced Petrochemical Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Advanced Petrochemical Co's Pretax Margin % falls into.



Advanced Petrochemical 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.

Advanced Petrochemical 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 )
=176.379/2373.514
=7.43 %

Advanced Petrochemical Co'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 )
=-60.48/321.23
=-18.83 %

* 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.


Advanced Petrochemical Co  (SAU:2330) 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.


Advanced Petrochemical Co Pretax Margin % Related Terms

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Advanced Petrochemical Co (SAU:2330) Business Description

Traded in Other Exchanges
N/A
Address
Jubail Industrial, P.O.Box 11022, Jubail, SAU, 31961
Advanced Petrochemical Co produces and sells polypropylene, polysilicon, and polysilicon downstream products that include Photovoltaic cells and Photovoltaic. The company invests in industrial projects including petrochemical, chemical, basic and conversion industries and industries relating to renewable energy domestically and outside the Kingdom of Saudi Arabia. Its business is spread across the Middle East and North Africa region. Its products are used to manufacture various basic goods including personal care products, fresh food packaging, lightweight plastics and various others.

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