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Shin Shin Natural Gas Co (TPE:9918) Pretax Margin % : 30.90% (As of Mar. 2024)


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What is Shin Shin Natural Gas Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Shin Shin Natural Gas Co's Pre-Tax Income for the three months ended in Mar. 2024 was NT$208 Mil. Shin Shin Natural Gas Co's Revenue for the three months ended in Mar. 2024 was NT$674 Mil. Therefore, Shin Shin Natural Gas Co's pretax margin for the quarter that ended in Mar. 2024 was 30.90%.

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

TPE:9918' s Pretax Margin % Range Over the Past 10 Years
Min: 7.85   Med: 14.74   Max: 22.7
Current: 22.7


TPE:9918's Pretax Margin % is ranked better than
81% of 521 companies
in the Utilities - Regulated industry
Industry Median: 10.9 vs TPE:9918: 22.70

Shin Shin Natural Gas Co Pretax Margin % Historical Data

The historical data trend for Shin Shin Natural Gas 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.

* Premium members only.

Shin Shin Natural Gas Co Pretax Margin % Chart

Shin Shin Natural Gas Co 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 14.21 19.76 22.23 10.96 21.58

Shin Shin Natural Gas Co 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 28.10 21.54 12.28 20.24 30.90

Competitive Comparison of Shin Shin Natural Gas Co's Pretax Margin %

For the Utilities - Regulated Gas subindustry, Shin Shin Natural Gas 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.


Shin Shin Natural Gas Co's Pretax Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shin Shin Natural Gas Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Shin Shin Natural Gas Co's Pretax Margin % falls into.



Shin Shin Natural Gas 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.

Shin Shin Natural Gas Co'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 )
=416.93/1932.392
=21.58 %

Shin Shin Natural Gas Co'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 )
=208.198/673.79
=30.90 %

* 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.


Shin Shin Natural Gas Co  (TPE:9918) 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.


Shin Shin Natural Gas Co Pretax Margin % Related Terms

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Shin Shin Natural Gas Co (TPE:9918) Business Description

Traded in Other Exchanges
N/A
Address
No. 100, Section 1, Yonghe Road, Yonghe District, Taipei, TWN
Shin Shin Natural Gas Co Ltd is a Taiwan-based company engaged in the transmission of combustible natural gas by pipeline for non-industrial fuel supply, the installation of gas pipeline construction, and other related natural gas industry and affiliated businesses. The company mainly operates in two segments which are the Gas sales segment mainly responsible for the supply of natural gas to customers through pipelines and the Installation segment mainly responsible for the installation of natural gas transmission pipelines and gas safety equipment.

Shin Shin Natural Gas Co (TPE:9918) Headlines

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