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Mercan Kimyanayi ve Ticaret AS (IST:MERCN) Pretax Margin % : -11.64% (As of Sep. 2024)


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What is Mercan Kimyanayi ve Ticaret AS Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mercan Kimyanayi ve Ticaret AS's Pre-Tax Income for the three months ended in Sep. 2024 was ₺-71 Mil. Mercan Kimyanayi ve Ticaret AS's Revenue for the three months ended in Sep. 2024 was ₺613 Mil. Therefore, Mercan Kimyanayi ve Ticaret AS's pretax margin for the quarter that ended in Sep. 2024 was -11.64%.

The historical rank and industry rank for Mercan Kimyanayi ve Ticaret AS's Pretax Margin % or its related term are showing as below:

IST:MERCN' s Pretax Margin % Range Over the Past 10 Years
Min: -1.44   Med: 7.38   Max: 21.2
Current: 7.18


IST:MERCN's Pretax Margin % is not ranked
in the Chemicals industry.
Industry Median: 5.435 vs IST:MERCN: 7.18

Mercan Kimyanayi ve Ticaret AS Pretax Margin % Historical Data

The historical data trend for Mercan Kimyanayi ve Ticaret AS'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.

Mercan Kimyanayi ve Ticaret AS Pretax Margin % Chart

Mercan Kimyanayi ve Ticaret AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 9.36 11.52 21.20 5.39 3.98

Mercan Kimyanayi ve Ticaret AS Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -12.80 -3,247.65 -1.34 -10.78 -11.64

Competitive Comparison of Mercan Kimyanayi ve Ticaret AS's Pretax Margin %

For the Specialty Chemicals subindustry, Mercan Kimyanayi ve Ticaret AS'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.


Mercan Kimyanayi ve Ticaret AS's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mercan Kimyanayi ve Ticaret AS's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Mercan Kimyanayi ve Ticaret AS's Pretax Margin % falls into.



Mercan Kimyanayi ve Ticaret AS 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.

Mercan Kimyanayi ve Ticaret AS'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 )
=95.981/2411.515
=3.98 %

Mercan Kimyanayi ve Ticaret AS's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-71.367/613.281
=-11.64 %

* 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.


Mercan Kimyanayi ve Ticaret AS  (IST:MERCN) 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.


Mercan Kimyanayi ve Ticaret AS Pretax Margin % Related Terms

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Mercan Kimyanayi ve Ticaret AS Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Hacieyuplu Mah. 3125 Sok. No. 23, Merkezefendi Denizli, TUR, 20195
Mercan Kimya Sanayi ve Ticaret AS is engaged in the business of producing, buying, and selling paraffin, emulsion, vaseline and liquid paraffin. It has three group companies under its roof. One of these companies trades cosmetics, detergents, and industrial products in Turkey and abroad. The other company's main activity is to produce, buy and sell paraffin and emulsion for domestic and international markets.

Mercan Kimyanayi ve Ticaret AS Headlines

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