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Techno Medica Co (TSE:6678) Pretax Margin % : 17.09% (As of Dec. 2023)


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What is Techno Medica Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Techno Medica Co's Pre-Tax Income for the three months ended in Dec. 2023 was 円405 Mil. Techno Medica Co's Revenue for the three months ended in Dec. 2023 was 円2,368 Mil. Therefore, Techno Medica Co's pretax margin for the quarter that ended in Dec. 2023 was 17.09%.

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

TSE:6678' s Pretax Margin % Range Over the Past 10 Years
Min: 7.18   Med: 18.66   Max: 24.6
Current: 18.26


TSE:6678's Pretax Margin % is ranked better than
82.6% of 816 companies
in the Medical Devices & Instruments industry
Industry Median: -0.745 vs TSE:6678: 18.26

Techno Medica Co Pretax Margin % Historical Data

The historical data trend for Techno Medica Co'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.

Techno Medica Co Pretax Margin % Chart

Techno Medica Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.60 13.65 18.24 19.08 17.78

Techno Medica Co 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 16.37 25.36 5.15 19.34 17.09

Competitive Comparison of Techno Medica Co's Pretax Margin %

For the Medical Devices subindustry, Techno Medica Co'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.


Techno Medica Co's Pretax Margin % Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Techno Medica Co's Pretax Margin % falls into.



Techno Medica Co 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.

Techno Medica Co's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=1665.773/9367.586
=17.78 %

Techno Medica Co'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 )
=404.685/2367.788
=17.09 %

* 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.


Techno Medica Co  (TSE:6678) 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.


Techno Medica Co Pretax Margin % Related Terms

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Techno Medica Co (TSE:6678) Business Description

Traded in Other Exchanges
N/A
Address
5-5-1 Nakamachidai, Tsuzuki-ku, Yokohama, JPN, 224-0041
Techno Medica Co Ltd is engaged in the research, development, manufacturing, and sales of medical and in vitro diagnostic products. The company's products classified under Test Tube preparation systems. Additionally, company also import and export medical equipment and Analytical instrument for clinical examination.

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