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MI Technovation Bhd (XKLS:5286) Pretax Margin % : 14.70% (As of Dec. 2023)


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What is MI Technovation Bhd Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. MI Technovation Bhd's Pre-Tax Income for the three months ended in Dec. 2023 was RM14.2 Mil. MI Technovation Bhd's Revenue for the three months ended in Dec. 2023 was RM96.6 Mil. Therefore, MI Technovation Bhd's pretax margin for the quarter that ended in Dec. 2023 was 14.70%.

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

XKLS:5286' s Pretax Margin % Range Over the Past 10 Years
Min: 16.91   Med: 27.73   Max: 35.07
Current: 18.41


XKLS:5286's Pretax Margin % is ranked better than
79.72% of 986 companies
in the Semiconductors industry
Industry Median: 4.88 vs XKLS:5286: 18.41

MI Technovation Bhd Pretax Margin % Historical Data

The historical data trend for MI Technovation 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.

MI Technovation Bhd Pretax Margin % Chart

MI Technovation Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 31.15 24.33 16.91 19.37 18.41

MI Technovation Bhd 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 15.92 8.69 28.28 21.20 14.70

Competitive Comparison of MI Technovation Bhd's Pretax Margin %

For the Semiconductor Equipment & Materials subindustry, MI Technovation 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.


MI Technovation Bhd's Pretax Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, MI Technovation Bhd's Pretax Margin % distribution charts can be found below:

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



MI Technovation 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.

MI Technovation Bhd'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 )
=65.521/355.962
=18.41 %

MI Technovation Bhd'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 )
=14.202/96.616
=14.70 %

* 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.


MI Technovation Bhd  (XKLS:5286) 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.


MI Technovation Bhd Pretax Margin % Related Terms

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MI Technovation Bhd (XKLS:5286) Business Description

Traded in Other Exchanges
N/A
Address
No. 20, Medan Bayan Lepas Technoplex, MK 12, Taman Perindustrian Bayan Lepas, Bayan Lepas, PNG, MYS, 11900
MI Technovation Bhd is an investment holding company. The group is involved in design, development, manufacture, and sale of wafer level chip scale packaging sorting machines with inspection and testing capabilities for the semiconductor industry. Its reportable segments are as follows: 1) Semiconductor equipment business unit is Involved in the manufacturing and sales of the semiconductor manufacturing equipment, paired with smart factory automation solutions for Industrial 4.0, together with the provision of maintenance services and technical support for these machines, as well as the sale of related spare parts and components. 2) Semiconductor material business unit is involved in the manufacturing and sales of solder spheres. 3) Others includes investment holding and other activities.

MI Technovation Bhd (XKLS:5286) Headlines

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