GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Taitron Components Inc (NAS:TAIT) » Definitions » Pretax Margin %

Taitron Components (Taitron Components) Pretax Margin % : 42.31% (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Taitron Components Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Taitron Components's Pre-Tax Income for the three months ended in Dec. 2023 was $0.41 Mil. Taitron Components's Revenue for the three months ended in Dec. 2023 was $0.97 Mil. Therefore, Taitron Components's pretax margin for the quarter that ended in Dec. 2023 was 42.31%.

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

TAIT' s Pretax Margin % Range Over the Past 10 Years
Min: -44.8   Med: 14.31   Max: 36.95
Current: 36.95


TAIT's Pretax Margin % is ranked better than
97.81% of 2464 companies
in the Hardware industry
Industry Median: 3.42 vs TAIT: 36.95

Taitron Components Pretax Margin % Historical Data

The historical data trend for Taitron Components'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.

Taitron Components Pretax Margin % Chart

Taitron Components 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 11.88 20.36 27.74 21.68 36.95

Taitron Components 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 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 22.29 38.49 38.32 30.26 42.31

Competitive Comparison of Taitron Components's Pretax Margin %

For the Electronics & Computer Distribution subindustry, Taitron Components'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.


Taitron Components's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Taitron Components's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Taitron Components's Pretax Margin % falls into.



Taitron Components 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.

Taitron Components'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 )
=2.257/6.108
=36.95 %

Taitron Components'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 )
=0.41/0.969
=42.31 %

* 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.


Taitron Components  (NAS:TAIT) 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.


Taitron Components Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Taitron Components's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Taitron Components (Taitron Components) Business Description

Traded in Other Exchanges
N/A
Address
28040 West Harrison Parkway, Valencia, CA, USA, 91355
Taitron Components Inc is a supplier of originally designed and manufactured (ODM) products that include value-added engineering and turn-key solutions. It focuses on providing original equipment manufacturers (OEMs) and contracts electronic manufacturers (CEMs) with ODM products for their multi-year turn-key projects and ODM electronic components. Its product offerings range from discrete semiconductors to small electronic devices. The company also distributes brand-name electronic components with a vast inventory available on hand. Its Taiwan and China locations provide support for inventory sourcing, purchases, and coordinating the manufacture of ODM Projects and ODM Components.
Executives
Chi-lin Chung director 28040 WEST HARRISON PARKWAY, VALENCIA CA 91355
Craig Miller director 15165 VENTURA BLVD, STE 425, SHERMAAN OAKS CA 91403
David Vanderhorst officer: CFO C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355
Stewart Wang director, 10 percent owner, officer: President, CEO, CFO C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355
Tzu Sheng Ku director, 10 percent owner, officer: Chairman C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355
Richard Chiang director 28040 W HARRISON PKWY, VALENCIA CA 91355
Felix Sung director C/O TAITRON COMPONENTS, 28040 W HARRISON PKWY, VALENCIA CA 91355

Taitron Components (Taitron Components) Headlines

From GuruFocus

Taitron Announces Quarterly Cash Dividend

By Marketwired Marketwired 02-01-2020

Taitron Announces Quarterly Cash Dividend Increase of 20%

By Marketwired Marketwired 11-03-2018

Taitron Announces Quarterly Cash Dividend Increase of 14.3%

By Marketwired Marketwired 10-31-2020

Taitron Announces Quarterly Cash Dividend

By Marketwired Marketwired 05-05-2018

Taitron Announces Special Cash Dividend and Quarterly Cash Dividend

By GuruFocusNews GuruFocusNews 04-29-2022

Investment Analysis: Taitron Components

By guruek Saj Karsan 12-06-2010

Taitron Announces Quarterly Cash Dividend

By Marketwired Marketwired 05-04-2019

Taitron Announces Quarterly Cash Dividend

By Marketwired Marketwired 07-30-2021

Taitron Announces Quarterly Cash Dividend Increase of 11.1%

By Value_Insider Value_Insider 10-28-2022