GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Highcon Systems Ltd (XTAE:HICN) » Definitions » Pretax Margin %

Highcon Systems (XTAE:HICN) Pretax Margin % : -49.35% (As of Jun. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Highcon Systems Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Highcon Systems's Pre-Tax Income for the six months ended in Jun. 2024 was ₪-17.61 Mil. Highcon Systems's Revenue for the six months ended in Jun. 2024 was ₪35.68 Mil. Therefore, Highcon Systems's pretax margin for the quarter that ended in Jun. 2024 was -49.35%.

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

XTAE:HICN' s Pretax Margin % Range Over the Past 10 Years
Min: -1152.3   Med: -169.34   Max: -117.54
Current: -117.54


XTAE:HICN's Pretax Margin % is ranked worse than
96.43% of 2968 companies
in the Industrial Products industry
Industry Median: 6.345 vs XTAE:HICN: -117.54

Highcon Systems Pretax Margin % Historical Data

The historical data trend for Highcon Systems'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.

Highcon Systems Pretax Margin % Chart

Highcon Systems Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -165.07 -1,152.30 -168.92 -147.40 -288.87

Highcon Systems Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -130.67 -167.66 -343.64 -252.30 -49.35

Competitive Comparison of Highcon Systems's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Highcon Systems'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.


Highcon Systems's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Highcon Systems's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Highcon Systems's Pretax Margin % falls into.



Highcon Systems 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.

Highcon Systems'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 )
=-86.951/30.1
=-288.87 %

Highcon Systems'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 )
=-17.606/35.679
=-49.35 %

* 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.


Highcon Systems  (XTAE:HICN) 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.


Highcon Systems Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Highcon Systems's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Highcon Systems Business Description

Traded in Other Exchanges
N/A
Address
4 Paran Street, P.O Box 13200, Yavne, ISR, 8122503
Highcon Systems Ltd is engaged in the research and development of machines for digital cutting and creasing solutions for post-print processes in the Folding Carton and Corrugated carton industry.

Highcon Systems Headlines

No Headlines