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Tae Kyung Chemical Co (XKRX:006890) Pretax Margin % : 30.30% (As of Mar. 2024)


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What is Tae Kyung Chemical Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Tae Kyung Chemical Co's Pre-Tax Income for the three months ended in Mar. 2024 was ₩4,997 Mil. Tae Kyung Chemical Co's Revenue for the three months ended in Mar. 2024 was ₩16,490 Mil. Therefore, Tae Kyung Chemical Co's pretax margin for the quarter that ended in Mar. 2024 was 30.30%.

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

XKRX:006890' s Pretax Margin % Range Over the Past 10 Years
Min: 4.06   Med: 17.26   Max: 30.61
Current: 28.14


XKRX:006890's Pretax Margin % is ranked better than
88.95% of 516 companies
in the Utilities - Regulated industry
Industry Median: 10.32 vs XKRX:006890: 28.14

Tae Kyung Chemical Co Pretax Margin % Historical Data

The historical data trend for Tae Kyung Chemical 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.

Tae Kyung Chemical Co Pretax Margin % Chart

Tae Kyung Chemical 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 29.36 21.19 25.86 20.19 30.61

Tae Kyung Chemical 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 41.46 33.89 30.19 17.39 30.30

Competitive Comparison of Tae Kyung Chemical Co's Pretax Margin %

For the Utilities - Regulated Gas subindustry, Tae Kyung Chemical 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.


Tae Kyung Chemical Co's Pretax Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tae Kyung Chemical Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Tae Kyung Chemical Co's Pretax Margin % falls into.



Tae Kyung Chemical 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.

Tae Kyung Chemical 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 )
=21653.769/70748.221
=30.61 %

Tae Kyung Chemical 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 )
=4996.524/16489.523
=30.30 %

* 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.


Tae Kyung Chemical Co  (XKRX:006890) 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.


Tae Kyung Chemical Co Pretax Margin % Related Terms

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Tae Kyung Chemical Co (XKRX:006890) Business Description

Traded in Other Exchanges
N/A
Address
Songwon B.D. 4F 652-12, Deungchon 1-dong, Gangseo-gu, Seoul, KOR, 157-841
Tae Kyung Chemical Co Ltd is involved in manufacturing and selling industrialized liquid gases and dry ice in Korea. It offers liquid and solid carbon dioxide, magnesium hydroxide, gas carburetor, and organic compounds, as well as processing machine tools. The company is also involved in the re-inspection of special equipment; installation of high-pressure gas utilities; and trading activities.

Tae Kyung Chemical Co (XKRX:006890) Headlines

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