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Haier Electronics Group Co (Haier Electronics Group Co) Pretax Margin % : 4.80% (As of Jun. 2020)


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What is Haier Electronics Group Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Haier Electronics Group Co's Pre-Tax Income for the six months ended in Jun. 2020 was $238 Mil. Haier Electronics Group Co's Revenue for the six months ended in Jun. 2020 was $4,953 Mil. Therefore, Haier Electronics Group Co's pretax margin for the quarter that ended in Jun. 2020 was 4.80%.

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

HRELF' s Pretax Margin % Range Over the Past 10 Years
Min: 3.7   Med: 5.02   Max: 6.7
Current: 6.25


HRELF's Pretax Margin % is not ranked
in the Hardware industry.
Industry Median: 3.33 vs HRELF: 6.25

Haier Electronics Group Co Pretax Margin % Historical Data

The historical data trend for Haier Electronics Group 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.

Haier Electronics Group Co Pretax Margin % Chart

Haier Electronics Group Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.32 5.47 5.48 5.94 6.70

Haier Electronics Group Co Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 5.09 6.98 5.82 7.55 4.80

Competitive Comparison of Haier Electronics Group Co's Pretax Margin %

For the Consumer Electronics subindustry, Haier Electronics Group 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.


Haier Electronics Group Co's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Haier Electronics Group Co's Pretax Margin % distribution charts can be found below:

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



Haier Electronics Group 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.

Haier Electronics Group Co's Pretax Margin for the fiscal year that ended in Dec. 2019 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2019 )/Revenue (A: Dec. 2019 )
=725.34/10818.822
=6.70 %

Haier Electronics Group Co's Pretax Margin for the quarter that ended in Jun. 2020 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2020 )/Revenue (Q: Jun. 2020 )
=237.577/4953.035
=4.80 %

* 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.


Haier Electronics Group Co  (OTCPK:HRELF) 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.


Haier Electronics Group Co Pretax Margin % Related Terms

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Haier Electronics Group Co (Haier Electronics Group Co) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Haier Road, Haier Industrial Park, Qingdao, CHN
Haier Electronics Group is a China-based company that makes washing machines and water heaters under the Haier brand. The company's core segments include the washing machine segment, which produces and sells washing machines; the water heater and water purifier business, which produces and sells water heaters and water purifiers; and the channel services segment, which sells and distributes home appliances and other value-added consumer services. The channel services segment contributes the majority of total revenue. The company generates most of its revenue in mainland China.

Haier Electronics Group Co (Haier Electronics Group Co) Headlines

From GuruFocus

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