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Sharjah Insurance Co PSC (ADX:SICO) Pretax Margin % : 99.44% (As of Dec. 2023)


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What is Sharjah Insurance Co PSC Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sharjah Insurance Co PSC's Pre-Tax Income for the six months ended in Dec. 2023 was د.إ16.21 Mil. Sharjah Insurance Co PSC's Revenue for the six months ended in Dec. 2023 was د.إ16.30 Mil. Therefore, Sharjah Insurance Co PSC's pretax margin for the quarter that ended in Dec. 2023 was 99.44%.

The historical rank and industry rank for Sharjah Insurance Co PSC's Pretax Margin % or its related term are showing as below:

ADX:SICO' s Pretax Margin % Range Over the Past 10 Years
Min: -27.56   Med: 34.61   Max: 99.44
Current: 99.44


ADX:SICO's Pretax Margin % is ranked better than
97.7% of 479 companies
in the Insurance industry
Industry Median: 10.51 vs ADX:SICO: 99.44

Sharjah Insurance Co PSC Pretax Margin % Historical Data

The historical data trend for Sharjah Insurance Co PSC'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.

Sharjah Insurance Co PSC Pretax Margin % Chart

Sharjah Insurance Co PSC Annual Data
Trend Dec12 Dec13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.30 35.91 69.06 94.81 99.44

Sharjah Insurance Co PSC Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
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 33.30 35.91 69.06 94.81 99.44

Competitive Comparison of Sharjah Insurance Co PSC's Pretax Margin %

For the Insurance - Diversified subindustry, Sharjah Insurance Co PSC'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.


Sharjah Insurance Co PSC's Pretax Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Sharjah Insurance Co PSC's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Sharjah Insurance Co PSC's Pretax Margin % falls into.



Sharjah Insurance Co PSC 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.

Sharjah Insurance Co PSC'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 )
=16.207/16.299
=99.44 %

Sharjah Insurance Co PSC's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=16.207/16.299
=99.44 %

* 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.


Sharjah Insurance Co PSC  (ADX:SICO) 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.


Sharjah Insurance Co PSC Pretax Margin % Related Terms

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Sharjah Insurance Co PSC Business Description

Traded in Other Exchanges
N/A
Address
01, 02 Floors, Al Raha Tower, Corniche Al Mamzar, Al Khan, Sharjah, ARE
Sharjah Insurance Co PSC is a national insurance company. Its principal activity of the company is dealing in general insurance, property, non-property insurance, and life insurance. It mainly carries out general insurance business. Its business segments are Underwriting and Investments. Underwriting segment comprises engineering and motor insurance, marine insurance, fire insurance, and other insurances. Investments segment include investments inside and outside U.A.E marketable equity securities, term deposits with banks and investment properties.

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