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Lygend Resources & Technology Co (HKSE:02245) Pretax Margin % : 9.56% (As of Dec. 2023)


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What is Lygend Resources & Technology Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Lygend Resources & Technology Co's Pre-Tax Income for the six months ended in Dec. 2023 was HK$1,231 Mil. Lygend Resources & Technology Co's Revenue for the six months ended in Dec. 2023 was HK$12,879 Mil. Therefore, Lygend Resources & Technology Co's pretax margin for the quarter that ended in Dec. 2023 was 9.56%.

The historical rank and industry rank for Lygend Resources & Technology Co's Pretax Margin % or its related term are showing as below:

HKSE:02245' s Pretax Margin % Range Over the Past 10 Years
Min: 8.36   Med: 9.03   Max: 17.41
Current: 8.37


HKSE:02245's Pretax Margin % is ranked better than
71.45% of 858 companies
in the Metals & Mining industry
Industry Median: 0.44 vs HKSE:02245: 8.37

Lygend Resources & Technology Co Pretax Margin % Historical Data

The historical data trend for Lygend Resources & Technology 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.

Lygend Resources & Technology Co Pretax Margin % Chart

Lygend Resources & Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
8.40 9.03 11.56 17.41 8.36

Lygend Resources & Technology Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pretax Margin % Get a 7-Day Free Trial 15.57 23.98 9.53 6.85 9.56

Competitive Comparison of Lygend Resources & Technology Co's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, Lygend Resources & Technology 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.


Lygend Resources & Technology Co's Pretax Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lygend Resources & Technology Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Lygend Resources & Technology Co's Pretax Margin % falls into.



Lygend Resources & Technology 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.

Lygend Resources & Technology Co'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 )
=1926.707/23034.235
=8.36 %

Lygend Resources & Technology 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 )
=1230.828/12879.476
=9.56 %

* 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.


Lygend Resources & Technology Co  (HKSE:02245) 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.


Lygend Resources & Technology Co Pretax Margin % Related Terms

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Lygend Resources & Technology Co (HKSE:02245) Business Description

Traded in Other Exchanges
N/A
Address
Lane 299 Guanghua Road, 10th-11th Floor, Building C10, R&D Park, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315000
Lygend Resources & Technology Co Ltd is engaged in both the trading and the production of nickel products. The company has a comprehensive product and service portfolio covering multiple areas across the nickel industry value chain, from upstream sourcing of nickel resources, trading and production of nickel products, to equipment manufacturing and sale. Its products are widely used in various downstream sectors including the NEV and stainless steel industries. It derives a majority of its revenue from Mainland China.
Executives
Gong Yin Rui Xin Ji Jin Guan Li You Xian Gong Si 2102 Investment manager
Oakswood Group Ltd 2201 Interest of corporation controlled by you
Lim Shu Hua, Cheryl 2307 Founder of a discretionary trust who can infl
Feng Yi Pte. Ltd. 2101 Beneficial owner
Dbs Trustee Limited 2301 Trustee
China International Capital Corporation Limited 2201 Interest of corporation controlled by you
Ge Lin Mei Gu Fen You Xian Gong Si
Gong Yin Rui Xin Ji Jin Guan Li You Xian Gong Si Dai Gong Yin Rui Xin Tai Hong Hao Dan Yi Zi Chan Gu
Guang Dong Bang Pu Xun Huan Ke Ji You Xian Gong Si
Ning Bo Bang Pu Shi Dai Xin Neng Yuan You Xian Gong Si
Hu Bei Rong Bai Dian Chi San Jiao Yi Hao Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo
Ge Lin Mei Xiang Gang Guo Ji Wu Liu You Xian Gong Si
Guang Fa Zi Guan Rong Bai Dian Chi Dan Yi Zi Chan Guan Li Ji Hua 2301 Trustee
Ning Bo Rong Bai Xin Neng Yuan Ke Ji Gu Fen You Xian Gong Si
Ning Bo Shi Yin Zhou Qu Jin Rong Kong Gu You Xian Gong Si

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