Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Korea Fund's Pre-Tax Income for the
six
months ended in Dec. 2023 was $8.76 Mil. Korea Fund's Revenue for the
six
months ended in Dec. 2023 was $9.50 Mil. Therefore, Korea Fund's pretax margin for the quarter that ended in Dec. 2023 was 92.20%.
The historical rank and industry rank for Korea Fund's Pretax Margin % or its related term are showing as below:
KF'
s Pretax Margin % Range Over the Past 10 Years
Min: 79.32 Med: 100.51 Max: 109.32
Current: 92.82
KF's Pretax Margin % is ranked better than 52.29% of 1660
companies
in the Asset Management industry
Industry Median: 90.98
vs KF: 92.82
Korea Fund Pretax Margin % Historical Data
The historical data trend for Korea Fund'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.
Competitive Comparison of Korea Fund's Pretax Margin %
For the Asset Management subindustry, Korea Fund'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.
Korea Fund's Pretax Margin % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Korea Fund's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Korea Fund's Pretax Margin % falls into.
Korea Fund 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.
Korea Fund's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as
* 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.
Korea Fund (NYSE:KF) 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.
Korea Fund Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Korea Fund's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Korea Fund Inc is a closed-end, non-diversified management investment company. Its investment objective is to seek long-term capital appreciation through investment in securities, equity securities, of Korean companies. Its portfolio consists of the different sectors such as the auto components, banks, beverages, chemicals, aerospace and defense, insurance, machinery, and others.
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