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SY Steel Tech (XKRX:365330) Pretax Margin % : 6.96% (As of Jun. 2024)


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What is SY Steel Tech Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. SY Steel Tech's Pre-Tax Income for the three months ended in Jun. 2024 was ₩3,932 Mil. SY Steel Tech's Revenue for the three months ended in Jun. 2024 was ₩56,513 Mil. Therefore, SY Steel Tech's pretax margin for the quarter that ended in Jun. 2024 was 6.96%.

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

XKRX:365330' s Pretax Margin % Range Over the Past 10 Years
Min: -5.36   Med: 2.13   Max: 11.6
Current: 9.47


XKRX:365330's Pretax Margin % is ranked better than
78.16% of 618 companies
in the Steel industry
Industry Median: 2.99 vs XKRX:365330: 9.47

SY Steel Tech Pretax Margin % Historical Data

The historical data trend for SY Steel Tech'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.

SY Steel Tech Pretax Margin % Chart

SY Steel Tech Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 4.36 -5.36 1.07 7.57 11.60

SY Steel Tech Quarterly Data
Jun22 Dec22 Jun23 Dec23 Jun24
Pretax Margin % 5.19 9.80 11.26 11.98 6.96

Competitive Comparison of SY Steel Tech's Pretax Margin %

For the Steel subindustry, SY Steel Tech'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.


SY Steel Tech's Pretax Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, SY Steel Tech's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where SY Steel Tech's Pretax Margin % falls into.



SY Steel Tech 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.

SY Steel Tech'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 )
=13888.999/119756.583
=11.60 %

SY Steel Tech's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=3932.1/56513.469
=6.96 %

* 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.


SY Steel Tech  (XKRX:365330) 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.


SY Steel Tech Pretax Margin % Related Terms

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SY Steel Tech Business Description

Traded in Other Exchanges
N/A
Address
154 Segogae-ro, Eomjeong-myeon, Chungju-si, Chungcheongbuk-do, KOR
SY Steel Tech Inc is engaged in manufacturing of metal processing business; excluding machinery and furniture. The Company processes steels and other products.

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