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Mitsui High-tec (TSE:6966) Pretax Margin % : 9.62% (As of Jan. 2024)


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What is Mitsui High-tec Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mitsui High-tec's Pre-Tax Income for the three months ended in Jan. 2024 was 円4,984 Mil. Mitsui High-tec's Revenue for the three months ended in Jan. 2024 was 円51,803 Mil. Therefore, Mitsui High-tec's pretax margin for the quarter that ended in Jan. 2024 was 9.62%.

The historical rank and industry rank for Mitsui High-tec's Pretax Margin % or its related term are showing as below:

TSE:6966' s Pretax Margin % Range Over the Past 10 Years
Min: -0.01   Med: 3.63   Max: 12.74
Current: 11.13


TSE:6966's Pretax Margin % is ranked better than
65.01% of 983 companies
in the Semiconductors industry
Industry Median: 4.84 vs TSE:6966: 11.13

Mitsui High-tec Pretax Margin % Historical Data

The historical data trend for Mitsui High-tec'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.

Mitsui High-tec Pretax Margin % Chart

Mitsui High-tec Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 3.60 11.07 12.74 11.13

Mitsui High-tec Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -0.02 10.14 12.83 11.92 9.62

Competitive Comparison of Mitsui High-tec's Pretax Margin %

For the Semiconductors subindustry, Mitsui High-tec'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.


Mitsui High-tec's Pretax Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Mitsui High-tec's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Mitsui High-tec's Pretax Margin % falls into.



Mitsui High-tec 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.

Mitsui High-tec's Pretax Margin for the fiscal year that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Jan. 2024 )/Revenue (A: Jan. 2024 )
=21792/195881
=11.13 %

Mitsui High-tec's Pretax Margin for the quarter that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=4984/51803
=9.62 %

* 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.


Mitsui High-tec  (TSE:6966) 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.


Mitsui High-tec Pretax Margin % Related Terms

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Mitsui High-tec (TSE:6966) Business Description

Traded in Other Exchanges
Address
2-10-1,Komine, Yahatanishi-ku, Kitakyushu, JPN, 807-8588
Mitsui High-tec Inc manufactures and sells lead frame, motor core, precision tooling and machine tools in Japan. Its precision tooling/precision parts products include motor core dies, lead frame dies, mold dies, trim and form dies, and other type of stamping tools used in motor cores and IC lead frames, electric motor cores, automobile components, coins, and resin injection molding. It also provides open lead frames for semiconductor packages; and motor parts.

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