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Gloria Material Technology (ROCO:5009) Pretax Margin % : 19.50% (As of Mar. 2024)


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What is Gloria Material Technology Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Gloria Material Technology's Pre-Tax Income for the three months ended in Mar. 2024 was NT$665 Mil. Gloria Material Technology's Revenue for the three months ended in Mar. 2024 was NT$3,413 Mil. Therefore, Gloria Material Technology's pretax margin for the quarter that ended in Mar. 2024 was 19.50%.

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

ROCO:5009' s Pretax Margin % Range Over the Past 10 Years
Min: 2.11   Med: 4.24   Max: 20.97
Current: 20.19


ROCO:5009's Pretax Margin % is ranked better than
90.98% of 599 companies
in the Steel industry
Industry Median: 3.54 vs ROCO:5009: 20.19

Gloria Material Technology Pretax Margin % Historical Data

The historical data trend for Gloria Material Technology'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.

Gloria Material Technology Pretax Margin % Chart

Gloria Material Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.24 3.33 3.62 11.61 20.97

Gloria Material Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 21.19 21.41 21.32 19.67 19.50

Competitive Comparison of Gloria Material Technology's Pretax Margin %

For the Steel subindustry, Gloria Material Technology'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.


Gloria Material Technology's Pretax Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Gloria Material Technology's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Gloria Material Technology's Pretax Margin % falls into.



Gloria Material Technology 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.

Gloria Material Technology's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=2592.521/12365.317
=20.97 %

Gloria Material Technology'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 )
=665.404/3413.139
=19.50 %

* 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.


Gloria Material Technology  (ROCO:5009) 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.


Gloria Material Technology Pretax Margin % Related Terms

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Gloria Material Technology (ROCO:5009) Business Description

Traded in Other Exchanges
N/A
Address
No. 35 Xinzhong Road, Xinying District, Tainan, TWN
Gloria Material Technology Corp is mainly engaged in the production and sale of special steel, carbon steel, alloy steel, super alloy and smelting of the raw materials of these products. GMTC provides various quality materials at such as Superalloy, Titanium Alloy, High Speed Steel, Tool Steel, Stainless Steel, various ESR, VAR materials and Quenched-Tempered Steel and has various steel grades. Its product shapes are focused on Round bars and Square bars. The company's products include cold work tool steel, hot work tool steel, and carbon tool steel.

Gloria Material Technology (ROCO:5009) Headlines

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