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Medinet Co (TSE:2370) Pretax Margin % : % (As of Sep. 2024)


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What is Medinet Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Medinet Co's Pre-Tax Income for the three months ended in Sep. 2024 was 円0.0 Mil. Medinet Co's Revenue for the three months ended in Sep. 2024 was 円0.0 Mil. Therefore, Medinet Co's pretax margin for the quarter that ended in Sep. 2024 was %.

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

TSE:2370' s Pretax Margin % Range Over the Past 10 Years
Min: -325.51   Med: -138.68   Max: -74.47
Current: -195.53


TSE:2370's Pretax Margin % is ranked worse than
55.38% of 995 companies
in the Biotechnology industry
Industry Median: -125.57 vs TSE:2370: -195.53

Medinet Co Pretax Margin % Historical Data

The historical data trend for Medinet 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.

Medinet Co Pretax Margin % Chart

Medinet Co Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -106.85 -122.69 -197.07 -216.73 -165.67

Medinet Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 -257.84 -231.02 -117.62 -224.85 -

Competitive Comparison of Medinet Co's Pretax Margin %

For the Biotechnology subindustry, Medinet 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.


Medinet Co's Pretax Margin % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Medinet Co's Pretax Margin % distribution charts can be found below:

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


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Medinet 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.

Medinet Co's Pretax Margin for the fiscal year that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Sep. 2024 )/Revenue (A: Sep. 2024 )
=-1273.181/768.501
=-165.67 %

Medinet Co's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=0/0
= %

* 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.


Medinet Co  (TSE:2370) 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.


Medinet Co Pretax Margin % Related Terms

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Medinet Co Business Description

Traded in Other Exchanges
N/A
Address
1-1 Heiwajima 6-chome, 9th Floor, TRC Center Building, Ota-ku, Yokohama, JPN, 143-0006
Medinet Co Ltd is a Japan-based Contract Development and Manufacturing Organization (CDMO). The company is engaged in the research and development of regenerative medical products, investigational products, and specified cell products. MEDINET is a one-stop regenerative medicine and cell therapy solution provider. It provides value chain solutions including personnel training, facility and equipment design, facility operations and management, preparation of standard operating procedures, logistics network, information system, purchasing and production management, quality management solutions to medical institutions, research institutions, and biopharmaceutical companies.

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