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Mongolian Mining (Mongolian Mining) Pretax Margin % : 27.86% (As of Dec. 2023)


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What is Mongolian Mining Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mongolian Mining's Pre-Tax Income for the six months ended in Dec. 2023 was $144 Mil. Mongolian Mining's Revenue for the six months ended in Dec. 2023 was $518 Mil. Therefore, Mongolian Mining's pretax margin for the quarter that ended in Dec. 2023 was 27.86%.

The historical rank and industry rank for Mongolian Mining's Pretax Margin % or its related term are showing as below:

MOGLF' s Pretax Margin % Range Over the Past 10 Years
Min: -205.65   Med: 9.83   Max: 70.56
Current: 32.37


MOGLF's Pretax Margin % is ranked better than
95.85% of 603 companies
in the Steel industry
Industry Median: 3.91 vs MOGLF: 32.37

Mongolian Mining Pretax Margin % Historical Data

The historical data trend for Mongolian Mining'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.

Mongolian Mining Pretax Margin % Chart

Mongolian Mining 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 21.62 9.63 -32.84 10.02 32.37

Mongolian Mining Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -52.31 -51.40 24.90 36.88 27.86

Competitive Comparison of Mongolian Mining's Pretax Margin %

For the Coking Coal subindustry, Mongolian Mining'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.


Mongolian Mining's Pretax Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mongolian Mining's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Mongolian Mining's Pretax Margin % falls into.



Mongolian Mining 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.

Mongolian Mining'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 )
=334.922/1034.821
=32.37 %

Mongolian Mining's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=144.346/518.12
=27.86 %

* 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.


Mongolian Mining  (OTCPK:MOGLF) 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.


Mongolian Mining Pretax Margin % Related Terms

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Mongolian Mining (Mongolian Mining) Business Description

Traded in Other Exchanges
Address
Central Tower, 16th Floor, Sukhbaatar District, Ulaanbaatar, MNG, 14200
Mongolian Mining Corp, together with its subsidiaries, engages in the mining, processing, transportation, and sale of coal products in Mongolia. The company owns and operates the Ukhaa Khudag and the Baruun Naran open-pit coking coal mines located in the Umnugobi aimag, Mongolia. The company generates revenue from the sale of Washed hard-coking coal, Washed semi-soft coking coal, Washed thermal coal, and Raw thermal coal. The majority of the revenue is generated from the sale of Washed hard-coking coal. China accounts for the majority of the sale of its products.

Mongolian Mining (Mongolian Mining) Headlines

From GuruFocus

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