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Mingteng International (Mingteng International) Pre-Tax Income : $1.85 Mil (TTM As of Dec. 2023)


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What is Mingteng International Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Mingteng International's pretax income for the six months ended in Dec. 2023 was $1.18 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $1.85 Mil. Mingteng International's pretax margin was 26.16%.

During the past 4 years, Mingteng International's highest Pretax Margin was 47.52%. The lowest was 22.69%. And the median was 34.80%.

Mingteng International Pre-Tax Income Historical Data

The historical data trend for Mingteng International's Pre-Tax Income 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.

Mingteng International Pre-Tax Income Chart

Mingteng International Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
2.09 2.99 2.46 1.85

Mingteng International Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pre-Tax Income Get a 7-Day Free Trial 1.22 1.12 1.34 0.67 1.18

Competitive Comparison of Mingteng International's Pre-Tax Income

For the Metal Fabrication subindustry, Mingteng International's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.

Mingteng International's Pre-Tax Income Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mingteng International's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Mingteng International's Pre-Tax Income falls into.


Mingteng International Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Mingteng International's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1.872+0.034+-0.059+0.004+-2.2204460492503E-16
=1.85

Mingteng International's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1.186+0.028+-0.032+0.001+2.2204460492503E-16
=1.18

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1.85 Mil.

* 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.

Mingteng International  (NAS:MTEN) Pre-Tax Income Explanation

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

Pretax Margin=Pretax Income/Revenue
=1.183/4.522
=26.16%

During the past 4 years, Mingteng International's highest Pretax Margin was 47.52%. The lowest was 22.69%. And the median was 34.80%.

* 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.

Mingteng International Pre-Tax Income Related Terms

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Mingteng International (Mingteng International) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mingteng International Corp Inc (NAS:MTEN) » Definitions » Pre-Tax Income
Comparable Companies
Traded in Other Exchanges
N/A
Address
Lvhua Village, Luoshe Town, Huishan District, Jiangsu Province, Wuxi, CHN, 214189
Website
Mingteng International Corp Inc operates as an automotive mold developer and supplier in China. It provides a wide range of products including casting molds for turbocharger systems, braking systems, steering and differential system, and other automotive system parts. Besides, it also produces molds for new energy electric vehicle motor drive systems, battery pack systems, and engineering hydraulic components, which are widely used in automobile, construction machinery, and other manufacturing industries.

Mingteng International (Mingteng International) Headlines

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