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Michang Oil Ind Co (XKRX:003650) Pre-Tax Income : ₩62,672 Mil (TTM As of Mar. 2024)


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What is Michang Oil Ind Co Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Michang Oil Ind Co's pretax income for the three months ended in Mar. 2024 was ₩21,579 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was ₩62,672 Mil. Michang Oil Ind Co's pretax margin was 20.92%.

During the past 13 years, Michang Oil Ind Co's highest Pretax Margin was 15.49%. The lowest was 4.85%. And the median was 8.01%.


Michang Oil Ind Co Pre-Tax Income Historical Data

The historical data trend for Michang Oil Ind Co'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.

Michang Oil Ind Co Pre-Tax Income Chart

Michang Oil Ind Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24,377.77 23,423.58 44,392.40 31,753.67 60,645.12

Michang Oil Ind Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income 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 19,552.19 20,628.25 6,155.99 14,308.69 21,578.69

Competitive Comparison of Michang Oil Ind Co's Pre-Tax Income

For the Oil & Gas Refining & Marketing subindustry, Michang Oil Ind Co'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.


Michang Oil Ind Co's Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Michang Oil Ind Co's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Michang Oil Ind Co's Pre-Tax Income falls into.



Michang Oil Ind Co Pre-Tax Income Calculation

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

Michang Oil Ind Co'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
=47989.88+0+-589.968+2274.919+10970.288
=60,645

Michang Oil Ind Co's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=12957.196+0+-283.019+628.197+8276.315
=21,579

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩62,672 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.


Michang Oil Ind Co  (XKRX:003650) Pre-Tax Income Explanation

Michang Oil Ind Co's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=21578.689/103166.428
=20.92%

During the past 13 years, Michang Oil Ind Co's highest Pretax Margin was 15.49%. The lowest was 4.85%. And the median was 8.01%.

* 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.


Michang Oil Ind Co Pre-Tax Income Related Terms

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Michang Oil Ind Co (XKRX:003650) Business Description

Traded in Other Exchanges
N/A
Address
241, Haeyang-ro, Yeongdo-gu, Busan, KOR
Michang Oil Ind Co Ltd is engaged in the petrochemical business in South Korea. It offers automotive lubricants, including premium motor, gasoline motor, diesel motor, and automotive gear oils, as well as auto transmission fluids and other application motor oils; and industrial lubricants, such as turbine, hydraulic, compressor, and industrial gear oils, as well as heat transfer fluids.

Michang Oil Ind Co (XKRX:003650) Headlines

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