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ICARES Medicus (ROCO:6612) Pretax Margin % : 23.71% (As of Mar. 2024)


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What is ICARES Medicus Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. ICARES Medicus's Pre-Tax Income for the three months ended in Mar. 2024 was NT$38.2 Mil. ICARES Medicus's Revenue for the three months ended in Mar. 2024 was NT$161.0 Mil. Therefore, ICARES Medicus's pretax margin for the quarter that ended in Mar. 2024 was 23.71%.

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

ROCO:6612' s Pretax Margin % Range Over the Past 10 Years
Min: -95.88   Med: 19.53   Max: 30.5
Current: 19.5


ROCO:6612's Pretax Margin % is ranked better than
84.54% of 815 companies
in the Medical Devices & Instruments industry
Industry Median: -0.89 vs ROCO:6612: 19.50

ICARES Medicus Pretax Margin % Historical Data

The historical data trend for ICARES Medicus'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.

ICARES Medicus Pretax Margin % Chart

ICARES Medicus Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.99 20.34 18.58 27.96 18.71

ICARES Medicus Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 Premium Member Only 20.87 29.42 27.77 -6.10 23.71

Competitive Comparison of ICARES Medicus's Pretax Margin %

For the Medical Instruments & Supplies subindustry, ICARES Medicus'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.


ICARES Medicus's Pretax Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, ICARES Medicus's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where ICARES Medicus's Pretax Margin % falls into.



ICARES Medicus 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.

ICARES Medicus'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 )
=113.29/605.452
=18.71 %

ICARES Medicus'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 )
=38.177/161.001
=23.71 %

* 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.


ICARES Medicus  (ROCO:6612) 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.


ICARES Medicus Pretax Margin % Related Terms

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ICARES Medicus (ROCO:6612) Business Description

Traded in Other Exchanges
N/A
Address
Number 16, Sec.2, Sheng Yi Road, 4th Floor, Hsinchu County, Zhubei, TWN, 30261
ICARES Medicus Inc is engaged in providing high-grade nanomedical lubricious coatings and various surface treatments for implantable or interventional medical devices and designing, development, manufacturing and sale of intraocular lenses and nanomedical devices. Its products include Artificial Lens.

ICARES Medicus (ROCO:6612) Headlines

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