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Solid Automotive Bhd (XKLS:5242) Pretax Margin % : 1.98% (As of Jan. 2024)


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What is Solid Automotive Bhd Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Solid Automotive Bhd's Pre-Tax Income for the three months ended in Jan. 2024 was RM1.7 Mil. Solid Automotive Bhd's Revenue for the three months ended in Jan. 2024 was RM84.7 Mil. Therefore, Solid Automotive Bhd's pretax margin for the quarter that ended in Jan. 2024 was 1.98%.

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

XKLS:5242' s Pretax Margin % Range Over the Past 10 Years
Min: -2.25   Med: 4.63   Max: 9.96
Current: 2.36


XKLS:5242's Pretax Margin % is ranked worse than
64.65% of 1287 companies
in the Vehicles & Parts industry
Industry Median: 4.47 vs XKLS:5242: 2.36

Solid Automotive Bhd Pretax Margin % Historical Data

The historical data trend for Solid Automotive Bhd'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.

Solid Automotive Bhd Pretax Margin % Chart

Solid Automotive Bhd Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.49 -2.25 5.70 2.92 3.56

Solid Automotive Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2.36 3.82 2.67 1.00 1.98

Competitive Comparison of Solid Automotive Bhd's Pretax Margin %

For the Auto Parts subindustry, Solid Automotive Bhd'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.


Solid Automotive Bhd's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Solid Automotive Bhd's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Solid Automotive Bhd's Pretax Margin % falls into.



Solid Automotive Bhd 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.

Solid Automotive Bhd's Pretax Margin for the fiscal year that ended in Apr. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Apr. 2023 )/Revenue (A: Apr. 2023 )
=12.355/346.779
=3.56 %

Solid Automotive Bhd's Pretax Margin for the quarter that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=1.677/84.683
=1.98 %

* 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.


Solid Automotive Bhd  (XKLS:5242) 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.


Solid Automotive Bhd Pretax Margin % Related Terms

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Solid Automotive Bhd (XKLS:5242) Business Description

Traded in Other Exchanges
N/A
Address
PLO 436, Jalan Gangsa, Kawasan Perindustrian Pasir Gudang, Pasir Gudang, JHR, MYS, 81700
Solid Automotive Bhd is engaged in the business of investment holding and the provision of management services. The company's operating segment includes Automotive electrical parts; Automotive engine and mechanical parts and Others. It generates maximum revenue from the Automotive electrical parts segment. Automotive electrical parts segment is involved in the trading and distribution of automotive batteries, lubricants, industrial supplies, electrical parts, and components. Geographically, it derives a majority of revenue from Malaysia and also has a presence in the Middle East and Africa and Other Countries.

Solid Automotive Bhd (XKLS:5242) Headlines

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