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Hitron Technologies (TPE:2419) Pretax Margin % : 0.77% (As of Mar. 2024)


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What is Hitron Technologies Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hitron Technologies's Pre-Tax Income for the three months ended in Mar. 2024 was NT$16 Mil. Hitron Technologies's Revenue for the three months ended in Mar. 2024 was NT$2,110 Mil. Therefore, Hitron Technologies's pretax margin for the quarter that ended in Mar. 2024 was 0.77%.

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

TPE:2419' s Pretax Margin % Range Over the Past 10 Years
Min: 1.46   Med: 4.64   Max: 7.5
Current: 1.46


TPE:2419's Pretax Margin % is ranked worse than
59.68% of 2465 companies
in the Hardware industry
Industry Median: 3.38 vs TPE:2419: 1.46

Hitron Technologies Pretax Margin % Historical Data

The historical data trend for Hitron Technologies'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.

Hitron Technologies Pretax Margin % Chart

Hitron Technologies 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 3.93 4.56 3.19 5.94 2.01

Hitron Technologies 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 2.79 1.13 -1.48 4.62 0.77

Competitive Comparison of Hitron Technologies's Pretax Margin %

For the Communication Equipment subindustry, Hitron Technologies'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.


Hitron Technologies's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hitron Technologies's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Hitron Technologies's Pretax Margin % falls into.



Hitron Technologies 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.

Hitron Technologies'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 )
=188.714/9403.662
=2.01 %

Hitron Technologies'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 )
=16.285/2109.786
=0.77 %

* 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.


Hitron Technologies  (TPE:2419) 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.


Hitron Technologies Pretax Margin % Related Terms

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Hitron Technologies (TPE:2419) Business Description

Traded in Other Exchanges
N/A
Address
No. 1-8, Lihsin 1st Road, Hsinchu Science Park, Hsinchu, TWN, 30078
Hitron Technologies Inc manufactures and distributes communication and telecommunication products. The Company is mainly engaged in integrating communication systems, and producing and selling electronic and telecom communication products. Its products include cable modems, wireless gateway, and IPTV, among others. The majority is from the Sales revenue.

Hitron Technologies (TPE:2419) Headlines

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