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Yang Ming Marine Transport (TPE:2609) Pretax Margin % : -7.24% (As of Dec. 2023)


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What is Yang Ming Marine Transport Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Yang Ming Marine Transport's Pre-Tax Income for the three months ended in Dec. 2023 was NT$-2,370 Mil. Yang Ming Marine Transport's Revenue for the three months ended in Dec. 2023 was NT$32,723 Mil. Therefore, Yang Ming Marine Transport's pretax margin for the quarter that ended in Dec. 2023 was -7.24%.

The historical rank and industry rank for Yang Ming Marine Transport's Pretax Margin % or its related term are showing as below:

TPE:2609' s Pretax Margin % Range Over the Past 10 Years
Min: -13.6   Med: 0.61   Max: 62.15
Current: 8.03


TPE:2609's Pretax Margin % is ranked better than
53.4% of 970 companies
in the Transportation industry
Industry Median: 7.02 vs TPE:2609: 8.03

Yang Ming Marine Transport Pretax Margin % Historical Data

The historical data trend for Yang Ming Marine Transport'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.

Yang Ming Marine Transport Pretax Margin % Chart

Yang Ming Marine Transport 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 -2.41 10.68 60.65 62.15 8.03

Yang Ming Marine Transport 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 31.53 11.43 17.56 9.15 -7.24

Competitive Comparison of Yang Ming Marine Transport's Pretax Margin %

For the Marine Shipping subindustry, Yang Ming Marine Transport'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.


Yang Ming Marine Transport's Pretax Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Yang Ming Marine Transport's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Yang Ming Marine Transport's Pretax Margin % falls into.



Yang Ming Marine Transport 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.

Yang Ming Marine Transport'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 )
=11296.248/140623.713
=8.03 %

Yang Ming Marine Transport'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 )
=-2370.064/32722.789
=-7.24 %

* 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.


Yang Ming Marine Transport  (TPE:2609) 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.


Yang Ming Marine Transport Pretax Margin % Related Terms

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Yang Ming Marine Transport (TPE:2609) Business Description

Traded in Other Exchanges
N/A
Address
No. 271, Ming De 1st Road, Qidu District, Keelung, TWN, 206
Yang Ming Marine Transport Corp is a transportation and logistics company that is headquartered in Taiwan and operates in the container shipping industry. The company has three segments: containership, bulk shipping, and others. It generates revenue from contracts with customers for providing domestic and overseas marine container shipping and passenger services. The company also earns revenue from operating leases on ships, containers, and warehouses. It earns the largest portion of its sales from customers in America, followed by Europe and Asia.

Yang Ming Marine Transport (TPE:2609) Headlines

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