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Mfc-Nichada Thani Property Fund (BKK:MNIT) Pretax Margin % : 62.88% (As of Mar. 2024)


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What is Mfc-Nichada Thani Property Fund Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mfc-Nichada Thani Property Fund's Pre-Tax Income for the three months ended in Mar. 2024 was ฿5.24 Mil. Mfc-Nichada Thani Property Fund's Revenue for the three months ended in Mar. 2024 was ฿8.33 Mil. Therefore, Mfc-Nichada Thani Property Fund's pretax margin for the quarter that ended in Mar. 2024 was 62.88%.

The historical rank and industry rank for Mfc-Nichada Thani Property Fund's Pretax Margin % or its related term are showing as below:

BKK:MNIT' s Pretax Margin % Range Over the Past 10 Years
Min: -34.71   Med: 32.56   Max: 76.78
Current: 76.78


BKK:MNIT's Pretax Margin % is ranked better than
75.63% of 788 companies
in the REITs industry
Industry Median: 33.16 vs BKK:MNIT: 76.78

Mfc-Nichada Thani Property Fund Pretax Margin % Historical Data

The historical data trend for Mfc-Nichada Thani Property Fund'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.

Mfc-Nichada Thani Property Fund Pretax Margin % Chart

Mfc-Nichada Thani Property Fund 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 -34.71 41.04 24.35 40.02 73.54

Mfc-Nichada Thani Property Fund 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 45.86 158.81 39.56 54.92 62.88

Competitive Comparison of Mfc-Nichada Thani Property Fund's Pretax Margin %

For the REIT - Residential subindustry, Mfc-Nichada Thani Property Fund'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.


Mfc-Nichada Thani Property Fund's Pretax Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mfc-Nichada Thani Property Fund's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Mfc-Nichada Thani Property Fund's Pretax Margin % falls into.



Mfc-Nichada Thani Property Fund 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.

Mfc-Nichada Thani Property Fund'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 )
=21.954/29.854
=73.54 %

Mfc-Nichada Thani Property Fund'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 )
=5.235/8.326
=62.88 %

* 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.


Mfc-Nichada Thani Property Fund  (BKK:MNIT) 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.


Mfc-Nichada Thani Property Fund Pretax Margin % Related Terms

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Mfc-Nichada Thani Property Fund (BKK:MNIT) Business Description

Traded in Other Exchanges
N/A
Address
Ratchadapisek Road, Ground Floor & 21st-23rd Floor, 199 Column Tower, Klongtoey, Bangkok, THA, 10110
Mfc-Nichada Thani Property Fund is a close-ended property fund with no maturity date. The fund's objective is to use the proceeds from the sale of investment units to invest in properties for residential buildings including land and private houses for a living, which is in Amphur Pakkred, Nonthaburi. It operates under one segment namely Rental of Properties in Thailand. The Fund has invested (freehold) in the Lakeshore-North Apartment Building - an apartment for rent, Lakeshore-West Apartment Building - an apartment for rent, Land with units of two-storeyed private houses of Raintree Residence Project and Land with units of two-storeyed private homes of Sunshine Place Project. All assets are located in the Nichada Thani Project.

Mfc-Nichada Thani Property Fund (BKK:MNIT) Headlines

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