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Minco Capital (TSXV:MMM) Pretax Margin % : 161.04% (As of Dec. 2023)


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What is Minco Capital Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Minco Capital's Pre-Tax Income for the three months ended in Dec. 2023 was C$0.12 Mil. Minco Capital's Revenue for the three months ended in Dec. 2023 was C$0.08 Mil. Therefore, Minco Capital's pretax margin for the quarter that ended in Dec. 2023 was 161.04%.

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

TSXV:MMM' s Pretax Margin % Range Over the Past 10 Years
Min: -3834.88   Med: -621.84   Max: 22032.31
Current: -695.05


TSXV:MMM's Pretax Margin % is ranked worse than
96.76% of 1667 companies
in the Asset Management industry
Industry Median: 89.59 vs TSXV:MMM: -695.05

Minco Capital Pretax Margin % Historical Data

The historical data trend for Minco Capital'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.

Minco Capital Pretax Margin % Chart

Minco Capital 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 220.16 -621.84 -1,151.77 -572.83 -698.51

Minco Capital 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 314.10 -363.16 -1,060.00 -1,532.39 161.04

Competitive Comparison of Minco Capital's Pretax Margin %

For the Asset Management subindustry, Minco Capital'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.


Minco Capital's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Minco Capital's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Minco Capital's Pretax Margin % falls into.



Minco Capital 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.

Minco Capital'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 )
=-1.404/0.201
=-698.51 %

Minco Capital'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 )
=0.124/0.077
=161.04 %

* 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.


Minco Capital  (TSXV:MMM) 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.


Minco Capital Pretax Margin % Related Terms

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Minco Capital (TSXV:MMM) Business Description

Traded in Other Exchanges
Address
No. 2060 - 1055 West Georgia Street, PO Box 11176, Vancouver, BC, CAN, V6E 3R5
Minco Capital Corp is a Canadian company that is focused on utilizing its working capital position, industry contacts and internal expertise to identify, evaluate and invest in assets that have the capacity to generate returns and growth. The company invests in publicly traded and privately held corporations as well as taking indirect and direct ownership stakes in resource projects. Its types of investments may include common shares, preferred shares, warrants, royalties, convertible debentures, bridge loans, and other investment vehicles. It has one segment which is the acquisition and sale of investments in other companies.

Minco Capital (TSXV:MMM) Headlines

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