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Lakeshore Acquisition II (Lakeshore Acquisition II) Pretax Margin % : % (As of Sep. 2023)


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What is Lakeshore Acquisition II Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Lakeshore Acquisition II's Pre-Tax Income for the three months ended in Sep. 2023 was $0.38 Mil. Lakeshore Acquisition II's Revenue for the three months ended in Sep. 2023 was $0.00 Mil. Therefore, Lakeshore Acquisition II's pretax margin for the quarter that ended in Sep. 2023 was %.

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


LBBB's Pretax Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 4.43
* Ranked among companies with meaningful Pretax Margin % only.

Lakeshore Acquisition II Pretax Margin % Historical Data

The historical data trend for Lakeshore Acquisition II'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.

Lakeshore Acquisition II Pretax Margin % Chart

Lakeshore Acquisition II Annual Data
Trend Dec21 Dec22
Pretax Margin %
- -

Lakeshore Acquisition II Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Lakeshore Acquisition II's Pretax Margin %

For the Shell Companies subindustry, Lakeshore Acquisition II'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.


Lakeshore Acquisition II's Pretax Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Lakeshore Acquisition II's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Lakeshore Acquisition II's Pretax Margin % falls into.



Lakeshore Acquisition II 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.

Lakeshore Acquisition II's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=0.254/0
= %

Lakeshore Acquisition II's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=0.384/0
= %

* 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.


Lakeshore Acquisition II  (NAS:LBBB) 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.


Lakeshore Acquisition II Pretax Margin % Related Terms

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Lakeshore Acquisition II (Lakeshore Acquisition II) Business Description

Traded in Other Exchanges
N/A
Address
667 Madison Avenue, New York, NY, USA, 10065
Website
Lakeshore Acquisition II Corp is a newly organized blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
H. David Sherman director 38 HOMEWOOD ROAD, NEWTON MA 02468
Jon M. Montgomery director C/O NUVVE HOLDING CORP., 2468 HISTORIC DECATUR ROAD, SAN DIEGO CA 92106
Deyin Chen director, 10 percent owner, officer: CEO and CFO 300 JINXIU ROAD, SHANGHAI F4 200135
Redone Investment Ltd 10 percent owner SUITE A-2F, 555 SHIHUI ROAD, SONGJIANG DISTRICT, SHANGHAI F4 2001100
Mingyu Li director 555 SHIHUI ROAD, SONGJIANG DISTRICT, SHANGHAI F4 201100