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Red Sea International Co (SAU:4230) Pretax Margin % : 3.50% (As of Mar. 2024)


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What is Red Sea International Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Red Sea International Co's Pre-Tax Income for the three months ended in Mar. 2024 was ﷼23 Mil. Red Sea International Co's Revenue for the three months ended in Mar. 2024 was ﷼659 Mil. Therefore, Red Sea International Co's pretax margin for the quarter that ended in Mar. 2024 was 3.50%.

The historical rank and industry rank for Red Sea International Co's Pretax Margin % or its related term are showing as below:

SAU:4230' s Pretax Margin % Range Over the Past 10 Years
Min: -46.27   Med: -7.11   Max: 15.15
Current: 3.13


SAU:4230's Pretax Margin % is ranked worse than
61.49% of 1776 companies
in the Real Estate industry
Industry Median: 8.73 vs SAU:4230: 3.13

Red Sea International Co Pretax Margin % Historical Data

The historical data trend for Red Sea International 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.

* Premium members only.

Red Sea International Co Pretax Margin % Chart

Red Sea International Co 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 -10.69 -28.76 -25.73 -46.27 1.37

Red Sea International 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 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 -11.24 -16.91 -11.57 6.71 3.50

Competitive Comparison of Red Sea International Co's Pretax Margin %

For the Real Estate Services subindustry, Red Sea International 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.


Red Sea International Co's Pretax Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Red Sea International Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Red Sea International Co's Pretax Margin % falls into.



Red Sea International 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.

Red Sea International 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 )
=18.923/1378.489
=1.37 %

Red Sea International 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 )
=23.072/659.214
=3.50 %

* 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.


Red Sea International Co  (SAU:4230) 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.


Red Sea International Co Pretax Margin % Related Terms

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Red Sea International Co (SAU:4230) Business Description

Traded in Other Exchanges
N/A
Address
Airport street, Riyadh Front, P.O Box 9371, Al-Rimal District, Riyadh, SAU, 21431
Red Sea International Co provides modular living and working environments for industrial and residential communities. It provides civil contracting for commercial and residential buildings; offers real estate property investment and development; production of paints, coatings, construction machinery, and equipment; repair and maintenance services. The company has three reportable segments: Non-concrete residential and commercial buildings being the highest revenue driver; Rentals from investment properties; Paints and related services. It has a presence in Saudi Arabia, Ghana, United Arab Emirates, Papua New Guinea, Algeria, and others.

Red Sea International Co (SAU:4230) Headlines

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