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Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059) Pretax Margin % : 15.24% (As of Mar. 2024)


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What is Zhejiang Guyuelongshan Shaoxing Wine Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Zhejiang Guyuelongshan Shaoxing Wine Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥86 Mil. Zhejiang Guyuelongshan Shaoxing Wine Co's Revenue for the three months ended in Mar. 2024 was ¥567 Mil. Therefore, Zhejiang Guyuelongshan Shaoxing Wine Co's pretax margin for the quarter that ended in Mar. 2024 was 15.24%.

The historical rank and industry rank for Zhejiang Guyuelongshan Shaoxing Wine Co's Pretax Margin % or its related term are showing as below:

SHSE:600059' s Pretax Margin % Range Over the Past 10 Years
Min: 10.68   Med: 15.59   Max: 30.18
Current: 29.67


SHSE:600059's Pretax Margin % is ranked better than
89.25% of 214 companies
in the Beverages - Alcoholic industry
Industry Median: 8.31 vs SHSE:600059: 29.67

Zhejiang Guyuelongshan Shaoxing Wine Co Pretax Margin % Historical Data

The historical data trend for Zhejiang Guyuelongshan Shaoxing Wine 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.

Zhejiang Guyuelongshan Shaoxing Wine Co Pretax Margin % Chart

Zhejiang Guyuelongshan Shaoxing Wine Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.90 15.27 16.73 16.00 30.18

Zhejiang Guyuelongshan Shaoxing Wine Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 15.45 14.84 15.09 58.04 15.24

Competitive Comparison of Zhejiang Guyuelongshan Shaoxing Wine Co's Pretax Margin %

For the Beverages - Wineries & Distilleries subindustry, Zhejiang Guyuelongshan Shaoxing Wine 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.


Zhejiang Guyuelongshan Shaoxing Wine Co's Pretax Margin % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Zhejiang Guyuelongshan Shaoxing Wine Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Zhejiang Guyuelongshan Shaoxing Wine Co's Pretax Margin % falls into.



Zhejiang Guyuelongshan Shaoxing Wine 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.

Zhejiang Guyuelongshan Shaoxing Wine 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 )
=538.278/1783.702
=30.18 %

Zhejiang Guyuelongshan Shaoxing Wine Co's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=86.443/567.227
=15.24 %

* 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.


Zhejiang Guyuelongshan Shaoxing Wine Co  (SHSE:600059) 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.


Zhejiang Guyuelongshan Shaoxing Wine Co Pretax Margin % Related Terms

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Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059) Business Description

Traded in Other Exchanges
N/A
Address
Beihai Bridge, Shaoxing, Zhejiang, CHN, 312000
Zhejiang Guyuelongshan Shaoxing Wine Co Ltd is a China-based company engaged in the production and distribution of Chinese rice wine. Its main products consist of raw Chinese rice wine, bottled Chinese rice wine and a relatively small amount of fruit wine and distilled spirit. The company owns a range of brands including Gu Yue Long Shan, Nv Er Hong, Champion Red, Shen Yonghe as well as Jian Hu, among others.
Executives
Yang Wen Long Supervisors
Hu Zhi Ming senior management
Liu Jian senior management
Wan Long senior management
Liu Hong Lin Supervisors
Wang Ling Ling Director
Xu Dong Liang Director
Meng Zhong Fa Supervisors
Fu Bao Wei Director
Dong Yong Jiu Director
Sun Yong Gen Supervisors
He Feng Director

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