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Formosa Chemicals & Fibre (TPE:1326) Pretax Margin % : 1.88% (As of Mar. 2024)


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What is Formosa Chemicals & Fibre Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Formosa Chemicals & Fibre's Pre-Tax Income for the three months ended in Mar. 2024 was NT$1,577 Mil. Formosa Chemicals & Fibre's Revenue for the three months ended in Mar. 2024 was NT$83,942 Mil. Therefore, Formosa Chemicals & Fibre's pretax margin for the quarter that ended in Mar. 2024 was 1.88%.

The historical rank and industry rank for Formosa Chemicals & Fibre's Pretax Margin % or its related term are showing as below:

TPE:1326' s Pretax Margin % Range Over the Past 10 Years
Min: 2.22   Med: 11.35   Max: 18.61
Current: 3.03


TPE:1326's Pretax Margin % is ranked worse than
62.38% of 1531 companies
in the Chemicals industry
Industry Median: 5.45 vs TPE:1326: 3.03

Formosa Chemicals & Fibre Pretax Margin % Historical Data

The historical data trend for Formosa Chemicals & Fibre'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.

Formosa Chemicals & Fibre Pretax Margin % Chart

Formosa Chemicals & Fibre 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 11.77 9.78 13.71 2.52 2.22

Formosa Chemicals & Fibre 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 -1.37 2.12 8.54 -0.56 1.88

Competitive Comparison of Formosa Chemicals & Fibre's Pretax Margin %

For the Chemicals subindustry, Formosa Chemicals & Fibre'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.


Formosa Chemicals & Fibre's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Formosa Chemicals & Fibre's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Formosa Chemicals & Fibre's Pretax Margin % falls into.



Formosa Chemicals & Fibre 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.

Formosa Chemicals & Fibre'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 )
=7386.488/332619.533
=2.22 %

Formosa Chemicals & Fibre'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 )
=1577.445/83941.693
=1.88 %

* 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.


Formosa Chemicals & Fibre  (TPE:1326) 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.


Formosa Chemicals & Fibre Pretax Margin % Related Terms

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Formosa Chemicals & Fibre (TPE:1326) Business Description

Traded in Other Exchanges
N/A
Address
Dunhua North Road, Number 201, Songshan District, Taipei, TWN, 105
Formosa Chemicals & Fibre Corp manufactures and sells a variety of chemicals, plastics-based products, and textiles. The Company has eight business divisions, namely First Chemical Division, Petrochemicals Division, Third Chemical Division, Plastics Division, Textile Division, First Fiber Division, Second Fiber Division, and Engineering & Construction Division. The Company's businesses are production and sales of petrochemical products, including PTA, PS, AN, Butadiene, SM polymer, SM, benzene, toluene, pxylene (PX) and o-xylene (OX), as well as nylon fiber, and rayon staple fiber. The Company is also engaged in spinning, weaving, dyeing and finishing.

Formosa Chemicals & Fibre (TPE:1326) Headlines

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