GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Minth Group Ltd (FRA:M3I) » Definitions » Pretax Margin %

Minth Group (FRA:M3I) Pretax Margin % : 11.69% (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Minth Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Minth Group's Pre-Tax Income for the six months ended in Dec. 2023 was €162 Mil. Minth Group's Revenue for the six months ended in Dec. 2023 was €1,384 Mil. Therefore, Minth Group's pretax margin for the quarter that ended in Dec. 2023 was 11.69%.

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

FRA:M3I' s Pretax Margin % Range Over the Past 10 Years
Min: 10.28   Med: 16.11   Max: 22.54
Current: 11.28


FRA:M3I's Pretax Margin % is ranked better than
80.2% of 1283 companies
in the Vehicles & Parts industry
Industry Median: 4.46 vs FRA:M3I: 11.28

Minth Group Pretax Margin % Historical Data

The historical data trend for Minth Group'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.

Minth Group Pretax Margin % Chart

Minth Group 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 15.92 13.47 13.26 10.28 11.28

Minth Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.35 10.99 9.77 10.84 11.69

Competitive Comparison of Minth Group's Pretax Margin %

For the Auto Parts subindustry, Minth Group'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.


Minth Group's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Minth Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Minth Group's Pretax Margin % falls into.



Minth Group 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.

Minth Group'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 )
=297.371/2635.81
=11.28 %

Minth Group'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 )
=161.722/1383.972
=11.69 %

* 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.


Minth Group  (FRA:M3I) 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.


Minth Group Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Minth Group's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Minth Group (FRA:M3I) Business Description

Traded in Other Exchanges
Address
No. 1 Yazhong Road, Nanhu District, Zhejiang Province, Jiaxing, CHN, 314006
Minth Group Ltd is an investment holding company with its subsidiaries engaged in the design, manufacturing, processing, developing, and sales of automobile body parts and moulds for passenger cars. It operates in five segments: Aluminium, Plastic, Battery housing, Metal & Trim, and Others. Some of its products consist of trims, decorative parts, body-structural parts, seat frame systems, roof racks, and others. Its geographical operations are located in the PRC, the United States of America (the USA), Japan, Thailand, Germany, Serbia, and Mexico.

Minth Group (FRA:M3I) Headlines

No Headlines