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Hokuriku Electric Industry Co (TSE:6989) Pretax Margin % : 4.80% (As of Dec. 2023)


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What is Hokuriku Electric Industry Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hokuriku Electric Industry Co's Pre-Tax Income for the three months ended in Dec. 2023 was 円502 Mil. Hokuriku Electric Industry Co's Revenue for the three months ended in Dec. 2023 was 円10,450 Mil. Therefore, Hokuriku Electric Industry Co's pretax margin for the quarter that ended in Dec. 2023 was 4.80%.

The historical rank and industry rank for Hokuriku Electric Industry Co's Pretax Margin % or its related term are showing as below:

TSE:6989' s Pretax Margin % Range Over the Past 10 Years
Min: 0.67   Med: 2.46   Max: 6.18
Current: 2.44


TSE:6989's Pretax Margin % is ranked worse than
54.69% of 2465 companies
in the Hardware industry
Industry Median: 3.38 vs TSE:6989: 2.44

Hokuriku Electric Industry Co Pretax Margin % Historical Data

The historical data trend for Hokuriku Electric Industry Co'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.

Hokuriku Electric Industry Co Pretax Margin % Chart

Hokuriku Electric Industry Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.60 2.32 1.70 6.18 3.30

Hokuriku Electric Industry Co 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 4.78 -13.24 9.32 9.86 4.80

Competitive Comparison of Hokuriku Electric Industry Co's Pretax Margin %

For the Electronic Components subindustry, Hokuriku Electric Industry Co'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.


Hokuriku Electric Industry Co's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hokuriku Electric Industry Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Hokuriku Electric Industry Co's Pretax Margin % falls into.



Hokuriku Electric Industry Co 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.

Hokuriku Electric Industry Co's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=1499/45459
=3.30 %

Hokuriku Electric Industry Co'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 )
=502/10450
=4.80 %

* 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.


Hokuriku Electric Industry Co  (TSE:6989) 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.


Hokuriku Electric Industry Co Pretax Margin % Related Terms

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Hokuriku Electric Industry Co (TSE:6989) Business Description

Traded in Other Exchanges
N/A
Address
3158 Shimo-okubo, Toyama, JPN, 939-2292
Hokuriku Electric Industry Co Ltd operates in development, manufacturing and sales of electronic components such as Resistors, Sensors, Modules Printed Circuit Boards, Piezoelectric Buzzers, Tactile Switches, Thermistors and Varistors.

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