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Ideal Bike (ROCO:8933) Pretax Margin % : -3.44% (As of Mar. 2024)


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What is Ideal Bike Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ideal Bike's Pre-Tax Income for the three months ended in Mar. 2024 was NT$-22 Mil. Ideal Bike's Revenue for the three months ended in Mar. 2024 was NT$627 Mil. Therefore, Ideal Bike's pretax margin for the quarter that ended in Mar. 2024 was -3.44%.

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

ROCO:8933' s Pretax Margin % Range Over the Past 10 Years
Min: -41.86   Med: 1.11   Max: 7.86
Current: -7.66


ROCO:8933's Pretax Margin % is ranked worse than
78.4% of 824 companies
in the Travel & Leisure industry
Industry Median: 6.385 vs ROCO:8933: -7.66

Ideal Bike Pretax Margin % Historical Data

The historical data trend for Ideal Bike'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.

Ideal Bike Pretax Margin % Chart

Ideal Bike 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 -7.07 0.18 2.60 7.86 -7.51

Ideal Bike 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 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 -5.10 -5.06 -3.51 -30.77 -3.44

Competitive Comparison of Ideal Bike's Pretax Margin %

For the Leisure subindustry, Ideal Bike'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.


Ideal Bike's Pretax Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Ideal Bike's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Ideal Bike's Pretax Margin % falls into.



Ideal Bike 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.

Ideal Bike'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 )
=-274.527/3654.553
=-7.51 %

Ideal Bike'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 )
=-21.595/627.449
=-3.44 %

* 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.


Ideal Bike  (ROCO:8933) 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.


Ideal Bike Pretax Margin % Related Terms

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Ideal Bike (ROCO:8933) Business Description

Traded in Other Exchanges
N/A
Address
No. 497, Gangbu Road, Section 1, Wuqi District, Taichung City, TWN, 435
Ideal Bike Corp is engaged in manufacturing and selling of bicycles. It offers indoor and outdoor sports cars, baby carriages, mini scooters, and parts. The company also manufactures agricultural machinery, steam locomotives, ships, aircraft, and other parts. Its reportable segments involve the Manufacturing (OEM) segment and Other segments.

Ideal Bike (ROCO:8933) Headlines

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