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Shinkong Synthetic Fiber (TPE:1409) Pretax Margin % : 6.61% (As of Mar. 2024)


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What is Shinkong Synthetic Fiber Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Shinkong Synthetic Fiber's Pre-Tax Income for the three months ended in Mar. 2024 was NT$691 Mil. Shinkong Synthetic Fiber's Revenue for the three months ended in Mar. 2024 was NT$10,465 Mil. Therefore, Shinkong Synthetic Fiber's pretax margin for the quarter that ended in Mar. 2024 was 6.61%.

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

TPE:1409' s Pretax Margin % Range Over the Past 10 Years
Min: 2.96   Med: 6.1   Max: 13.4
Current: 4.76


TPE:1409's Pretax Margin % is ranked better than
56.13% of 1044 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.435 vs TPE:1409: 4.76

Shinkong Synthetic Fiber Pretax Margin % Historical Data

The historical data trend for Shinkong Synthetic Fiber'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.

Shinkong Synthetic Fiber Pretax Margin % Chart

Shinkong Synthetic Fiber 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 7.37 7.30 13.40 10.52 3.85

Shinkong Synthetic Fiber 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 2.95 5.73 5.43 1.21 6.61

Competitive Comparison of Shinkong Synthetic Fiber's Pretax Margin %

For the Textile Manufacturing subindustry, Shinkong Synthetic Fiber'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.


Shinkong Synthetic Fiber's Pretax Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shinkong Synthetic Fiber's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Shinkong Synthetic Fiber's Pretax Margin % falls into.



Shinkong Synthetic Fiber 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.

Shinkong Synthetic Fiber'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 )
=1500.831/38976.968
=3.85 %

Shinkong Synthetic Fiber'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 )
=691.298/10464.892
=6.61 %

* 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.


Shinkong Synthetic Fiber  (TPE:1409) 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.


Shinkong Synthetic Fiber Pretax Margin % Related Terms

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Shinkong Synthetic Fiber (TPE:1409) Business Description

Traded in Other Exchanges
N/A
Address
No. 136, Ren Ai Road, Section 3, Lotus Building, 5th Floor, Da An District, Taipei, TWN, 10657
Shinkong Synthetic Fiber Corp is a Taiwan-based company that is principally engaged in the production and distribution of chemical fiber products and plastic products. The company's chemical fiber products include polyester staple fibers, polyester filaments, industrial yarn, draw textured yarn, and others. The plastic products consist of polyester resin, bottle grade resin, PET bottle preforms, PET bottles, Engineering polymers, and PE sheets. The company generates the majority of its total revenue from chemical fiber products and plastic products. The company mainly conducts operations in Asia and Europe and generates the majority of its total revenue from the Asia market.

Shinkong Synthetic Fiber (TPE:1409) Headlines

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