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Airtac International Group (TPE:1590) Pretax Margin % : 32.30% (As of Mar. 2024)


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What is Airtac International Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Airtac International Group's Pre-Tax Income for the three months ended in Mar. 2024 was NT$2,327 Mil. Airtac International Group's Revenue for the three months ended in Mar. 2024 was NT$7,206 Mil. Therefore, Airtac International Group's pretax margin for the quarter that ended in Mar. 2024 was 32.30%.

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

TPE:1590' s Pretax Margin % Range Over the Past 10 Years
Min: 20.91   Med: 29.17   Max: 33.2
Current: 30.33


TPE:1590's Pretax Margin % is ranked better than
96.54% of 2975 companies
in the Industrial Products industry
Industry Median: 6.5 vs TPE:1590: 30.33

Airtac International Group Pretax Margin % Historical Data

The historical data trend for Airtac International Group'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.

Airtac International Group Pretax Margin % Chart

Airtac International Group 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 23.29 33.20 33.01 30.01 29.83

Airtac International Group 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 30.22 26.95 32.72 29.62 32.30

Competitive Comparison of Airtac International Group's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Airtac International Group'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.


Airtac International Group's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Airtac International Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Airtac International Group's Pretax Margin % falls into.



Airtac International Group 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.

Airtac International Group'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 )
=8897.02/29827.352
=29.83 %

Airtac International Group'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 )
=2327.36/7205.592
=32.30 %

* 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.


Airtac International Group  (TPE:1590) 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.


Airtac International Group Pretax Margin % Related Terms

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Airtac International Group (TPE:1590) Business Description

Traded in Other Exchanges
N/A
Address
No. 28, Kanxi Road, Xinshi District, Tainan, TWN, 74148
Established in Taiwan in 1989, AirTAC International Group specializes in producing actuators, control components, air preparation products, and accessories, which are widely used in industrial automation, including industries such as automotive, machinery manufacturing, electronics, lighting and textile, medical equipment and food and packaging. The firm is the second-largest pneumatic equipment manufacturer in China, with more than 20% market share. AirTAC reported revenue of TWD 26.1 billion in 2022, with more than 90% of sales generated from China.

Airtac International Group (TPE:1590) Headlines

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