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GNI Group (TSE:2160) Pretax Margin % : 30.72% (As of Mar. 2024)


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What is GNI Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. GNI Group's Pre-Tax Income for the three months ended in Mar. 2024 was 円1,827 Mil. GNI Group's Revenue for the three months ended in Mar. 2024 was 円5,949 Mil. Therefore, GNI Group's pretax margin for the quarter that ended in Mar. 2024 was 30.72%.

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

TSE:2160' s Pretax Margin % Range Over the Past 10 Years
Min: -65.86   Med: 6.23   Max: 52.26
Current: 52.26


TSE:2160's Pretax Margin % is ranked better than
96.5% of 1028 companies
in the Biotechnology industry
Industry Median: -155.98 vs TSE:2160: 52.26

GNI Group Pretax Margin % Historical Data

The historical data trend for GNI Group'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.

GNI Group Pretax Margin % Chart

GNI Group 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 16.08 18.48 8.72 4.41 48.49

GNI Group 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 -1.54 52.40 19.50 114.17 30.72

Competitive Comparison of GNI Group's Pretax Margin %

For the Biotechnology subindustry, GNI Group'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.


GNI Group's Pretax Margin % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, GNI Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where GNI Group's Pretax Margin % falls into.



GNI Group 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.

GNI Group'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 )
=12612.748/26010.571
=48.49 %

GNI Group'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 )
=1827.172/5948.569
=30.72 %

* 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.


GNI Group  (TSE:2160) 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.


GNI Group Pretax Margin % Related Terms

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GNI Group (TSE:2160) Business Description

Traded in Other Exchanges
Address
Shinjuku Park Tower, 3-7-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-1030
GNI Group Ltd is a clinical stage drug development company. It works on the treatment of diseases that are more common in Asia, especially Japan and China. It is engaged in the discovery, development, manufacture, and sale of drugs for the treatment of cancer and inflammatory diseases.

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