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Ite Tech (TPE:3014) Pretax Margin % : 29.15% (As of Mar. 2024)


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What is Ite Tech Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ite Tech's Pre-Tax Income for the three months ended in Mar. 2024 was NT$441 Mil. Ite Tech's Revenue for the three months ended in Mar. 2024 was NT$1,512 Mil. Therefore, Ite Tech's pretax margin for the quarter that ended in Mar. 2024 was 29.15%.

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

TPE:3014' s Pretax Margin % Range Over the Past 10 Years
Min: 13.52   Med: 17.95   Max: 30.73
Current: 30.66


TPE:3014's Pretax Margin % is ranked better than
93.1% of 986 companies
in the Semiconductors industry
Industry Median: 4.88 vs TPE:3014: 30.66

Ite Tech Pretax Margin % Historical Data

The historical data trend for Ite Tech'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.

Ite Tech Pretax Margin % Chart

Ite Tech 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 18.54 23.31 30.72 28.05 30.73

Ite Tech 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 29.28 32.32 32.60 27.86 29.15

Competitive Comparison of Ite Tech's Pretax Margin %

For the Semiconductors subindustry, Ite Tech'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.


Ite Tech's Pretax Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Ite Tech's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Ite Tech's Pretax Margin % falls into.



Ite Tech 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.

Ite Tech'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 )
=1928.559/6276.443
=30.73 %

Ite Tech'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 )
=440.891/1512.35
=29.15 %

* 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.


Ite Tech  (TPE:3014) 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.


Ite Tech Pretax Margin % Related Terms

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Ite Tech (TPE:3014) Business Description

Traded in Other Exchanges
N/A
Address
3F, No. 13, Innovation Road I, Hsinchu Science Park, Hsinchu, TWN, 30076
Ite Tech Inc is a fabless integrated circuit (IC) design house. The company principally engages in developing, manufacturing, and marketing of integrated circuits. Its product offerings include PC input/output (I/O) and KBC, digital TV controller, sensor hub/IOT, multimedia controller, and analog IC. Geographically, it operates in Taiwan, Asia, and Others, out of which the majority is from Taiwan.

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