Hon Hai Precision Industry Co (LSE:HHPG) Pretax Margin % : 2.46% (As of Mar. 2024)

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What is Hon Hai Precision Industry Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hon Hai Precision Industry Co's Pre-Tax Income for the three months ended in Mar. 2024 was $1,026 Mil. Hon Hai Precision Industry Co's Revenue for the three months ended in Mar. 2024 was $41,776 Mil. Therefore, Hon Hai Precision Industry Co's pretax margin for the quarter that ended in Mar. 2024 was 2.46%.

The historical rank and industry rank for Hon Hai Precision Industry Co's Pretax Margin % or its related term are showing as below:

LSE:HHPG' s Pretax Margin % Range Over the Past 10 Years
Min: 2.72 Med: 3.23 Max: 4.54
Current: 3.39

LSE:HHPG's Pretax Margin % is ranked worse than
50.04% of 2466 companies
in the Hardware industry
Industry Median: 3.4 vs LSE:HHPG: 3.39

Hon Hai Precision Industry Co Pretax Margin % Historical Data

The historical data trend for Hon Hai Precision Industry Co'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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Hon Hai Precision Industry Co Pretax Margin % Chart

Hon Hai Precision Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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3.07

2.72

3.23

2.83

3.12

Hon Hai Precision Industry Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pretax Margin %	Get a 7-Day Free Trial															1.40	3.66	3.71	3.61	2.46

Competitive Comparison of Hon Hai Precision Industry Co's Pretax Margin %

For the Electronic Components subindustry, Hon Hai Precision Industry Co'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.

Hon Hai Precision Industry Co's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hon Hai Precision Industry Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Hon Hai Precision Industry Co's Pretax Margin % falls into.

Hon Hai Precision Industry Co 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.

Hon Hai Precision Industry Co'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 )
	=	6150.88	/	197181.619
	=	3.12 %

Hon Hai Precision Industry Co's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	1025.757	/	41776.314
	=	2.46 %

Hon Hai Precision Industry Co (LSE:HHPG) 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.

Hon Hai Precision Industry Co Pretax Margin % Related Terms

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Hon Hai Precision Industry Co (LSE:HHPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hon Hai Precision Industry Co Ltd (LSE:HHPG) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

HNHPF:USA 2317:Taiwan HHPDl:UK HHPD:UK HHP2:Germany

Address

No.2, Zihyou Street, Tucheng District, New Taipei, TWN, 236

Website

https://www.foxconn.com

Hon Hai Precision is the world's largest contract manufacturer of consumer electronics, communications, and computer products. It is the biggest supplier to Apple, whose business accounted for 55% of overall revenue in 2022. Hon Hai is also involved in the production of upstream components such as electronic connectors, semiconductor packaging, and metal casings for smartphones. These upstream activities are mainly conducted through its listed majority-owned subsidiaries Foxconn Industrial Internet and FIH Mobile. In response to its traditional end markets of computers, smartphones, and telecom equipment maturing in 2019 it started on a strategy to develop expertise in three new growth areas—electric vehicles, digital health, and robotics.

Hon Hai Precision Industry Co (LSE:HHPG) Headlines

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