The historical rank and industry rank for Medigen Biotechnology's Pretax Margin % or its related term are showing as below:
ROCO:3176'
s Pretax Margin % Range Over the Past 10 Years
Min: -252.19 Med: -171.24 Max: 28.98
Current: -91.3
ROCO:3176's Pretax Margin % is ranked better than 55.6% of 1027
companies
in the Biotechnology industry
Industry Median: -154.52
vs ROCO:3176: -91.30
Medigen Biotechnology Pretax Margin % Historical Data
The historical data trend for Medigen Biotechnology'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.
Competitive Comparison of Medigen Biotechnology's Pretax Margin %
For the Biotechnology subindustry, Medigen Biotechnology'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.
Medigen Biotechnology's Pretax Margin % Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Medigen Biotechnology's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Medigen Biotechnology's Pretax Margin % falls into.
Medigen Biotechnology 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.
Medigen Biotechnology's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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.
Medigen Biotechnology Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Medigen Biotechnology's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Medigen Biotechnology (ROCO:3176) Business Description
Medigen Biotechnology Corp is a biopharmaceutical company primarily engaged in new drug development, drug discovery, molecular diagnostics, vaccine, and generic drugs. The new drug development business focuses mainly on the clinical stage of drug development and includes PI-88 MUPAFOSTAT for the treatment of liver cancer and OBP-301 treatment using adenovirus targeted to cancer cells only. Drug discovery includes the development of human-native mAbs for therapeutic applications related to infectious diseases. Generic drugs include pharmaceuticals for infectious diseases (antibiotics), contraceptives, nutrition milk powder, vitamin C tablets, dermatologic agents, and eye care products.
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