TCL Electronics Holdings (HKSE:01070) Pretax Margin % : 1.65% (As of Dec. 2023)

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What is TCL Electronics Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. TCL Electronics Holdings's Pre-Tax Income for the six months ended in Dec. 2023 was HK$728 Mil. TCL Electronics Holdings's Revenue for the six months ended in Dec. 2023 was HK$44,070 Mil. Therefore, TCL Electronics Holdings's pretax margin for the quarter that ended in Dec. 2023 was 1.65%.

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

HKSE:01070' s Pretax Margin % Range Over the Past 10 Years
Min: 0.11 Med: 1.69 Max: 5.5
Current: 1.45

HKSE:01070's Pretax Margin % is ranked worse than
59.55% of 2465 companies
in the Hardware industry
Industry Median: 3.38 vs HKSE:01070: 1.45

TCL Electronics Holdings Pretax Margin % Historical Data

The historical data trend for TCL Electronics Holdings'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.

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TCL Electronics Holdings Pretax Margin % Chart

TCL Electronics Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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5.50

4.08

1.93

1.17

1.45

TCL Electronics Holdings 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															0.75	1.49	0.89	1.20	1.65

Competitive Comparison of TCL Electronics Holdings's Pretax Margin %

For the Consumer Electronics subindustry, TCL Electronics Holdings'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.

TCL Electronics Holdings's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TCL Electronics Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where TCL Electronics Holdings's Pretax Margin % falls into.

TCL Electronics Holdings 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.

TCL Electronics Holdings'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 )
	=	1148.184	/	78986.064
	=	1.45 %

TCL Electronics Holdings'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 )
	=	728.357	/	44069.622
	=	1.65 %

TCL Electronics Holdings (HKSE:01070) 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.

TCL Electronics Holdings Pretax Margin % Related Terms

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TCL Electronics Holdings (HKSE:01070) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TCL Electronics Holdings Ltd (HKSE:01070) » Definitions » Pretax Margin %

Traded in Other Exchanges

TCLHF:USA TC2A:Germany

Address

22 Science Park East Avenue, 5th Floor, Building 22E, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG

Website

http://electronics.tcl.com

TCL Electronics Holdings Ltd designs, manufactures, and sells televisions globally. Listed on the HKSE, TCL is headquartered in Shenzhen. By brand it is the third-largest supplier of televisions globally, but is second-largest in total television volume including televisions produced under original design and manufacture contracts for other brands. In 2020 TCL sold its wholesale TV business and purchased the TCL Communications business which focuses on smartphones and tablets. The five reportable operating segments are Smart screen segment, Internet business segment, Smart mobile, connective devices and services segment, All-category marketing segment and Smart commercial display, smart home, photovoltaic and other businesses segment.

TCL Electronics Holdings (HKSE:01070) Headlines

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