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Thai Life Insurance PCL (BKK:TLI) Pretax Margin % : 14.69% (As of Mar. 2024)


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What is Thai Life Insurance PCL Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Thai Life Insurance PCL's Pre-Tax Income for the three months ended in Mar. 2024 was ฿3,973 Mil. Thai Life Insurance PCL's Revenue for the three months ended in Mar. 2024 was ฿27,055 Mil. Therefore, Thai Life Insurance PCL's pretax margin for the quarter that ended in Mar. 2024 was 14.69%.

The historical rank and industry rank for Thai Life Insurance PCL's Pretax Margin % or its related term are showing as below:

BKK:TLI' s Pretax Margin % Range Over the Past 10 Years
Min: 7.89   Med: 9.18   Max: 11.1
Current: 10.91


BKK:TLI's Pretax Margin % is ranked better than
52.86% of 490 companies
in the Insurance industry
Industry Median: 10.375 vs BKK:TLI: 10.91

Thai Life Insurance PCL Pretax Margin % Historical Data

The historical data trend for Thai Life Insurance PCL'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.

Thai Life Insurance PCL Pretax Margin % Chart

Thai Life Insurance PCL Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 7.89 8.92 9.99 10.62 11.10

Thai Life Insurance PCL Quarterly Data
Dec17 Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 15.95 12.27 9.05 8.16 14.69

Competitive Comparison of Thai Life Insurance PCL's Pretax Margin %

For the Insurance - Life subindustry, Thai Life Insurance PCL'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.


Thai Life Insurance PCL's Pretax Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Thai Life Insurance PCL's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Thai Life Insurance PCL's Pretax Margin % falls into.



Thai Life Insurance PCL 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.

Thai Life Insurance PCL'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 )
=12006.74/108185.952
=11.10 %

Thai Life Insurance PCL's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=3973.34/27055.327
=14.69 %

* 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.


Thai Life Insurance PCL  (BKK:TLI) 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.


Thai Life Insurance PCL Pretax Margin % Related Terms

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Thai Life Insurance PCL (BKK:TLI) Business Description

Traded in Other Exchanges
N/A
Address
123 Ratchadaphisek Road, Thai Life Insurance Building, 6th Floor, Din Daeng Subdistrict, Din Daeng District, Bangkok, THA, 10400
Thai Life Insurance PCL is a life insurance company. It provides integrated products covering personal accident insurance and group insurance. Its segment includes agent channel and non-agent channel. The company generates maximum revenue from agent channel segment.

Thai Life Insurance PCL (BKK:TLI) Headlines

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