New Hoong Fatt Holdings Bhd (XKLS:7060) Pretax Margin % : 18.48% (As of Jun. 2024)

View and export this data going back to 1998. Start your Free Trial

What is New Hoong Fatt Holdings Bhd Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. New Hoong Fatt Holdings Bhd's Pre-Tax Income for the three months ended in Jun. 2024 was RM13.2 Mil. New Hoong Fatt Holdings Bhd's Revenue for the three months ended in Jun. 2024 was RM71.2 Mil. Therefore, New Hoong Fatt Holdings Bhd's pretax margin for the quarter that ended in Jun. 2024 was 18.48%.

The historical rank and industry rank for New Hoong Fatt Holdings Bhd's Pretax Margin % or its related term are showing as below:

XKLS:7060' s Pretax Margin % Range Over the Past 10 Years
Min: 6.12 Med: 10.01 Max: 18.72
Current: 16.94

XKLS:7060's Pretax Margin % is ranked better than
90.81% of 1295 companies
in the Vehicles & Parts industry
Industry Median: 4.26 vs XKLS:7060: 16.94

New Hoong Fatt Holdings Bhd Pretax Margin % Historical Data

The historical data trend for New Hoong Fatt Holdings Bhd'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.

New Hoong Fatt Holdings Bhd Pretax Margin % Chart

New Hoong Fatt Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

Get a 7-Day Free Trial

6.80

6.12

10.28

11.44

18.72

New Hoong Fatt Holdings Bhd Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Pretax Margin %	Get a 7-Day Free Trial															24.58	14.84	12.43	21.56	18.48

Competitive Comparison of New Hoong Fatt Holdings Bhd's Pretax Margin %

For the Auto Parts subindustry, New Hoong Fatt Holdings Bhd'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.

New Hoong Fatt Holdings Bhd's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, New Hoong Fatt Holdings Bhd's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where New Hoong Fatt Holdings Bhd's Pretax Margin % falls into.

New Hoong Fatt Holdings Bhd 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.

New Hoong Fatt Holdings Bhd'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 )
	=	52.638	/	281.245
	=	18.72 %

New Hoong Fatt Holdings Bhd's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	13.154	/	71.172
	=	18.48 %

New Hoong Fatt Holdings Bhd (XKLS:7060) 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.

New Hoong Fatt Holdings Bhd Pretax Margin % Related Terms

Thank you for viewing the detailed overview of New Hoong Fatt Holdings Bhd's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

New Hoong Fatt Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » New Hoong Fatt Holdings Bhd (XKLS:7060) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Teratai, Meru, Lot 5043, Klang, SGR, MYS, 41050

Website

https://www.newhoongfatt.com.my

New Hoong Fatt Holdings Bhd is an investment holding company based in Malaysia that provides automotive parts solutions through its subsidiaries. Its products are classified under different categories such as Metal Automotive parts which include door, hood, tailgate, fender, trunk lid, and bonnet; Plastic Automotive parts such as the bumper, grille, lamp, lamp accessories, door handle, and door mirror; and Automotive Accessories such as oil filter, spark plug, brake pad, air filter, ignition switch, fan motor, and others. The company's geographical segments include Malaysia; ASEAN; and Non-ASEAN (such as Middle East, Central and South America, Europe, Africa, and China). It derives the majority of revenue from Malaysia.

New Hoong Fatt Holdings Bhd Headlines

No Headlines