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Cuong Wood - Working JSC (STC:ACG) Pretax Margin % : 14.56% (As of Mar. 2024)


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What is Cuong Wood - Working JSC Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Cuong Wood - Working JSC's Pre-Tax Income for the three months ended in Mar. 2024 was ₫101,220 Mil. Cuong Wood - Working JSC's Revenue for the three months ended in Mar. 2024 was ₫694,978 Mil. Therefore, Cuong Wood - Working JSC's pretax margin for the quarter that ended in Mar. 2024 was 14.56%.

The historical rank and industry rank for Cuong Wood - Working JSC's Pretax Margin % or its related term are showing as below:

STC:ACG' s Pretax Margin % Range Over the Past 10 Years
Min: 12.5   Med: 14.96   Max: 16.8
Current: 15.72


STC:ACG's Pretax Margin % is ranked better than
87.8% of 287 companies
in the Forest Products industry
Industry Median: 2.83 vs STC:ACG: 15.72

Cuong Wood - Working JSC Pretax Margin % Historical Data

The historical data trend for Cuong Wood - Working JSC'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.

Cuong Wood - Working JSC Pretax Margin % Chart

Cuong Wood - Working JSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
12.50 14.96 16.59 16.80 14.36

Cuong Wood - Working JSC Quarterly Data
Dec19 Dec20 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 6.98 13.77 16.89 17.10 14.56

Competitive Comparison of Cuong Wood - Working JSC's Pretax Margin %

For the Lumber & Wood Production subindustry, Cuong Wood - Working JSC'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.


Cuong Wood - Working JSC's Pretax Margin % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Cuong Wood - Working JSC's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Cuong Wood - Working JSC's Pretax Margin % falls into.



Cuong Wood - Working JSC 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.

Cuong Wood - Working JSC'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 )
=540144.866/3762129.252
=14.36 %

Cuong Wood - Working JSC'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 )
=101220.064/694977.578
=14.56 %

* 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.


Cuong Wood - Working JSC  (STC:ACG) 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.


Cuong Wood - Working JSC Pretax Margin % Related Terms

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Cuong Wood - Working JSC (STC:ACG) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
DT 747B Street, Plot 681, map sheet 05, Phuoc Hai Ward, Thai Hoa Ward,, Binh Duong Province,, Tan Uyen Town, VNM
Cuong Wood - Working JSC manufacture woodworking and decorative materials. It engages in sawing, planing and preserving wood.; Manufacture of beds, cabinets, tables, and chairs; Processing of interior decoration products; Producing plywood, veneer, plywood, and other thin boards. Its products comprise MFC, Melamine MDF, laminates, acrylic, veneer, and other by-products.

Cuong Wood - Working JSC (STC:ACG) Headlines

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