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Change Holdings (TSE:3962) Pretax Margin % : -34.74% (As of Mar. 2024)


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What is Change Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Change Holdings's Pre-Tax Income for the three months ended in Mar. 2024 was 円-2,854 Mil. Change Holdings's Revenue for the three months ended in Mar. 2024 was 円8,216 Mil. Therefore, Change Holdings's pretax margin for the quarter that ended in Mar. 2024 was -34.74%.

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

TSE:3962' s Pretax Margin % Range Over the Past 10 Years
Min: 9.39   Med: 19.28   Max: 39.46
Current: 20.07


TSE:3962's Pretax Margin % is ranked better than
88.36% of 2758 companies
in the Software industry
Industry Median: 2.595 vs TSE:3962: 20.07

Change Holdings Pretax Margin % Historical Data

The historical data trend for Change Holdings'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.

Change Holdings Pretax Margin % Chart

Change Holdings Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 15.98 39.46 37.77 28.24 20.07

Change Holdings 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 10.75 22.20 33.98 41.76 -34.74

Competitive Comparison of Change Holdings's Pretax Margin %

For the Information Technology Services subindustry, Change Holdings'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.


Change Holdings's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Change Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Change Holdings's Pretax Margin % falls into.



Change Holdings 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.

Change Holdings's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=7429/37014
=20.07 %

Change Holdings'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 )
=-2854/8216
=-34.74 %

* 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.


Change Holdings  (TSE:3962) 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.


Change Holdings Pretax Margin % Related Terms

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Change Holdings (TSE:3962) Business Description

Traded in Other Exchanges
N/A
Address
3-17-1 Toranomon, 6th Floor, TOKYU REIT Toranomon Building, Minato-ku, Tokyo, JPN, 105-0001
Change Holdings Inc provides mobility, IoT (Internet of Things) data, security and IT human resources training services. It segments are: Public Tech and NEW-IT Transformation Business. The Public Tech segment covers local government support projects that aims to realize high value-added resident services by utilizing ICT technology to promote the improvement of local government business productivity. The NEW-IT Transformation Business segment promotes digital transformation through various algorithms such as AI, voice Internet, mobility, IoT, cloud, security, services utilizing basic technology, and training for digital human resources. It also provides digital transformation solutions by combining libraries based on customer needs to realize customer digital transformation.

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