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Ta Chen Stainless Pipe Co (TPE:2027) Pretax Margin % : 8.40% (As of Mar. 2024)


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What is Ta Chen Stainless Pipe Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ta Chen Stainless Pipe Co's Pre-Tax Income for the three months ended in Mar. 2024 was NT$1,952 Mil. Ta Chen Stainless Pipe Co's Revenue for the three months ended in Mar. 2024 was NT$23,225 Mil. Therefore, Ta Chen Stainless Pipe Co's pretax margin for the quarter that ended in Mar. 2024 was 8.40%.

The historical rank and industry rank for Ta Chen Stainless Pipe Co's Pretax Margin % or its related term are showing as below:

TPE:2027' s Pretax Margin % Range Over the Past 10 Years
Min: -0.14   Med: 4.96   Max: 16.81
Current: 8.72


TPE:2027's Pretax Margin % is ranked better than
74.29% of 599 companies
in the Steel industry
Industry Median: 3.54 vs TPE:2027: 8.72

Ta Chen Stainless Pipe Co Pretax Margin % Historical Data

The historical data trend for Ta Chen Stainless Pipe 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.

Ta Chen Stainless Pipe Co Pretax Margin % Chart

Ta Chen Stainless Pipe 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 4.02 -0.14 15.91 16.81 9.49

Ta Chen Stainless Pipe 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 11.15 12.61 9.43 3.55 8.40

Competitive Comparison of Ta Chen Stainless Pipe Co's Pretax Margin %

For the Steel subindustry, Ta Chen Stainless Pipe 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.


Ta Chen Stainless Pipe Co's Pretax Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ta Chen Stainless Pipe Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Ta Chen Stainless Pipe Co's Pretax Margin % falls into.



Ta Chen Stainless Pipe 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.

Ta Chen Stainless Pipe 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 )
=9608.34/101256.601
=9.49 %

Ta Chen Stainless Pipe 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 )
=1951.72/23224.8
=8.40 %

* 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.


Ta Chen Stainless Pipe Co  (TPE:2027) 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.


Ta Chen Stainless Pipe Co Pretax Margin % Related Terms

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Ta Chen Stainless Pipe Co (TPE:2027) Business Description

Traded in Other Exchanges
N/A
Address
No.125 Hsin-Tien 2nd Street, Hsin-Tien, Jeng-Teh, Tainan, TWN
Ta Chen Stainless Pipe Co Ltd is a Taiwan-based company that is primarily engaged in manufacturing and distributing of stainless steel, fasteners, steel strips, aluminum and nickel alloy coils, sheets, plates, long products, tubes, and PVFs. The company generates most of its sales from stainless steel products and fasteners. The company particularly specializes in manufacturing stainless tube and its accessories, which are used in petrochemical and food industries. Geographically, the company generates almost all of its revenue from the American market, where the company distributes its products through its warehouses in Los Angeles, Chicago, Houston, Atlanta, Florida, Philadelphia, Seattle, and Cleveland.

Ta Chen Stainless Pipe Co (TPE:2027) Headlines

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