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Hiwin Technologies (TPE:2049) Pretax Margin % : 8.78% (As of Mar. 2024)


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What is Hiwin Technologies Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hiwin Technologies's Pre-Tax Income for the three months ended in Mar. 2024 was NT$484 Mil. Hiwin Technologies's Revenue for the three months ended in Mar. 2024 was NT$5,506 Mil. Therefore, Hiwin Technologies's pretax margin for the quarter that ended in Mar. 2024 was 8.78%.

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

TPE:2049' s Pretax Margin % Range Over the Past 10 Years
Min: 7.38   Med: 12.81   Max: 20.78
Current: 9.97


TPE:2049's Pretax Margin % is ranked better than
65.47% of 2971 companies
in the Industrial Products industry
Industry Median: 6.43 vs TPE:2049: 9.97

Hiwin Technologies Pretax Margin % Historical Data

The historical data trend for Hiwin Technologies'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.

Hiwin Technologies Pretax Margin % Chart

Hiwin Technologies 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 10.93 10.83 16.41 19.85 10.31

Hiwin Technologies 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 10.29 13.24 12.09 4.96 8.78

Competitive Comparison of Hiwin Technologies's Pretax Margin %

For the Tools & Accessories subindustry, Hiwin Technologies'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.


Hiwin Technologies's Pretax Margin % Distribution in the Industrial Products Industry

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

* The bar in red indicates where Hiwin Technologies's Pretax Margin % falls into.



Hiwin Technologies 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.

Hiwin Technologies'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 )
=2540.05/24632.772
=10.31 %

Hiwin Technologies'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 )
=483.503/5506.465
=8.78 %

* 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.


Hiwin Technologies  (TPE:2049) 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.


Hiwin Technologies Pretax Margin % Related Terms

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Hiwin Technologies (TPE:2049) Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Jingke Road, Taichung Precision Machinery Park, Taichung, TWN, 408225
Hiwin Technologies Corp manufactures linear guideways used in precision positioning, guiding, and measuring applications. Other products include ball screws for industrial machinery, which turn rotary motion into linear motion, and linear actuators utilizing a gear system to transform motor-powered rotary movement into linear movement. The end market for Hiwin is Taiwan, followed by smaller markets in Germany, Japan, and the United States. The Group's reportable segments are linear guideways, ballscrews and others. Majority of revenue is generated from Linear guideways segment.

Hiwin Technologies (TPE:2049) Headlines

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