Sumitomo Chemical Co (Sumitomo Chemical Co) Pretax Margin % : -9.06% (As of Dec. 2023)

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What is Sumitomo Chemical Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sumitomo Chemical Co's Pre-Tax Income for the three months ended in Dec. 2023 was $-390 Mil. Sumitomo Chemical Co's Revenue for the three months ended in Dec. 2023 was $4,306 Mil. Therefore, Sumitomo Chemical Co's pretax margin for the quarter that ended in Dec. 2023 was -9.06%.

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

SOMMY' s Pretax Margin % Range Over the Past 10 Years
Min: -10.41 Med: 6.17 Max: 10.99
Current: -10.41

SOMMY's Pretax Margin % is ranked worse than
87.57% of 1529 companies
in the Chemicals industry
Industry Median: 5.45 vs SOMMY: -10.41

Sumitomo Chemical Co Pretax Margin % Historical Data

The historical data trend for Sumitomo Chemical 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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Sumitomo Chemical Co Pretax Margin % Chart

Sumitomo Chemical Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Pretax Margin %

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8.12

5.86

6.03

9.08

0.01

Sumitomo Chemical Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Pretax Margin %	Get a 7-Day Free Trial															-4.39	-14.81	-8.85	-8.65	-9.06

Competitive Comparison of Sumitomo Chemical Co's Pretax Margin %

For the Chemicals subindustry, Sumitomo Chemical 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.

Sumitomo Chemical Co's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sumitomo Chemical Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Sumitomo Chemical Co's Pretax Margin % falls into.

Sumitomo Chemical 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.

Sumitomo Chemical Co's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	1.728	/	21660.855
	=	0.01 %

Sumitomo Chemical Co's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-390.029	/	4306.067
	=	-9.06 %

Sumitomo Chemical Co (OTCPK:SOMMY) 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.

Sumitomo Chemical Co Pretax Margin % Related Terms

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Sumitomo Chemical Co (Sumitomo Chemical Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sumitomo Chemical Co Ltd (OTCPK:SOMMY) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

SOMMF:USA 4005:Japan SMM:Germany

Address

27-1, Shinkawa 2-chome, Chuo-ku, Tokyo, JPN, 104-8260

Website

http://www.sumitomo-chem.co.jp

Sumitomo Chemical Co Ltd manufactures and sells chemicals and chemical-based products. The firm is organized into six segments by product type. The petrochemicals and plastics segment, which generates more revenue than any other segment, sells multiple products including propylene and polypropylene used in automobile seat cushions and interior panels. The pharmaceutical segment sells medicine to treat diabetes, neurology, cancer, and infectious diseases. The IT-related chemicals segment sells compound semiconductors and polarizing films used in LCD displays for TVs and smartphones. The other three segments are health and crop sciences; energy and functional materials; and "others." The majority of revenue comes from Japan and China.

Sumitomo Chemical Co (Sumitomo Chemical Co) Headlines

From GuruFocus

Sumitomo Chemical Co Stock Is Estimated To Be Modestly Overvalued

By GF Value GF Value • 04-15-2021