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MX (MagnaChip Semiconductor) Pretax Margin % : -6.76% (As of Sep. 2024)


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What is MagnaChip Semiconductor Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. MagnaChip Semiconductor's Pre-Tax Income for the three months ended in Sep. 2024 was $-4.5 Mil. MagnaChip Semiconductor's Revenue for the three months ended in Sep. 2024 was $66.5 Mil. Therefore, MagnaChip Semiconductor's pretax margin for the quarter that ended in Sep. 2024 was -6.76%.

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

MX' s Pretax Margin % Range Over the Past 10 Years
Min: -20.67   Med: -3.63   Max: 15.6
Current: -20.01


MX's Pretax Margin % is ranked worse than
80.72% of 996 companies
in the Semiconductors industry
Industry Median: 4.665 vs MX: -20.01

MagnaChip Semiconductor Pretax Margin % Historical Data

The historical data trend for MagnaChip Semiconductor'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.

MagnaChip Semiconductor Pretax Margin % Chart

MagnaChip Semiconductor 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 -3.50 2.14 15.60 -0.85 -20.67

MagnaChip Semiconductor Quarterly Data
Dec19 Mar20 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 -15.57 -16.53 -33.51 -27.46 -6.76

Competitive Comparison of MagnaChip Semiconductor's Pretax Margin %

For the Semiconductors subindustry, MagnaChip Semiconductor'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.


MagnaChip Semiconductor's Pretax Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, MagnaChip Semiconductor's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where MagnaChip Semiconductor's Pretax Margin % falls into.



MagnaChip Semiconductor 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.

MagnaChip Semiconductor'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 )
=-47.559/230.051
=-20.67 %

MagnaChip Semiconductor'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 )
=-4.491/66.46
=-6.76 %

* 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.


MagnaChip Semiconductor  (NYSE:MX) 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.


MagnaChip Semiconductor Pretax Margin % Related Terms

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MagnaChip Semiconductor Business Description

Traded in Other Exchanges
Address
76 Jikji-daero 436beon-gil, Heungdeok-gu, 15th Floor, Chungcheongbuk-do, Cheongju-si, KOR, 28581
MagnaChip Semiconductor Corp designs and manufactures analog and mixed-signal semiconductor platform solutions for communications, Internet of Things applications, consumer, industrial and automotive applications. The company's product portfolio consists of large display solutions, mobile display solutions, sensor solutions, LED solutions, mobile solutions, and power conversions. The company operates in two segments namely Transitional Fab 3 foundry services and Standard products business. The company operates in Korea, Asia Pacific (other than Korea), United States and Europe.
Executives
Shin Young Park officer: See Remarks 60 SOUTH MARKET STREET, SUITE 750, SAN JOSE CA 95113
Theodore S Kim officer: See Remarks C/O MAGNACHIP SEMICONDUCTOR, INC., 20400 STEVENS CREEK BLVD., SUITE 370, CUPERTINO CA 95014
Young-joon Kim director, officer: See Remarks C/O MAGNACHIP SEMICONDUCTOR CORPORATION, 20400 STEVENS CREEK BOULEVARD, SUITE 370, CUPERTINO CA 95014
Camillo Martino director 60 SOUTH MARKET STREET, STE 750, SAN JOSE CA 95113
Woung Moo Lee officer: See Remarks C/O MAGNACHIP SEMICONDUCTOR, INC., 60 SOUTH MARKET STREET, SUITE 750, SAN JOSE CA 95113
Brigade Capital Management, Lp 10 percent owner 399 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10022
Brigade Leveraged Capital Structures Fund Ltd. 10 percent owner ONE NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-9005
Ilbok Lee director C/O MAGNACHIP SEMICONDUCTOR, INC, 20400 STEVENS CREEK BOULEVARD, SUITE 370, CUPERTINO CA 95014
Kyo-hwa Liz Chung director C/O MAGNACHIP SEMICONDUCTOR CORPORATION, 60 SOUTH MARKET STREET, SUITE 750, SAN JOSE CA 95113
Chan Ho Park officer: See Remarks 60 SOUTH MARKET STREET, SUITE 750, SAN JOSE CA 95113
Young Soo Woo officer: See Remarks 60 SOUTH MARKET STREET, SUITE 750, SAN JOSE CA 95113
Randal T Klein director C/O AVENUE CAPITAL MANAGEMENT II, L.P., 535 MADISON AVENUE, NEW YORK NY 10022
Tavakoli Nader director 551 FIFTH AVE 334TH FL, NEW YORK NY 10176
Melvin L Keating director 18 DRIFTWOOD DRIVE, LIVINGSTON NJ 07039
Jonathan W Kim officer: See Remarks C/O MAGNACHIP SEMICONDUCTOR, INC., 20400 STEVENS CREEK BLVD., SUITE 370, CUPERTINO CA 95014