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Shenergy Co (SHSE:600642) Pretax Margin % : 20.12% (As of Mar. 2024)


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What is Shenergy Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Shenergy Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥1,624 Mil. Shenergy Co's Revenue for the three months ended in Mar. 2024 was ¥8,071 Mil. Therefore, Shenergy Co's pretax margin for the quarter that ended in Mar. 2024 was 20.12%.

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

SHSE:600642' s Pretax Margin % Range Over the Past 10 Years
Min: 5.07   Med: 10.32   Max: 18.25
Current: 18.25


SHSE:600642's Pretax Margin % is ranked better than
71.18% of 517 companies
in the Utilities - Regulated industry
Industry Median: 10.81 vs SHSE:600642: 18.25

Shenergy Co Pretax Margin % Historical Data

The historical data trend for Shenergy 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.

Shenergy Co Pretax Margin % Chart

Shenergy 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 8.47 17.70 9.31 5.07 16.31

Shenergy 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 12.59 21.11 12.18 20.22 20.12

Competitive Comparison of Shenergy Co's Pretax Margin %

For the Utilities - Diversified subindustry, Shenergy 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.


Shenergy Co's Pretax Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shenergy Co's Pretax Margin % distribution charts can be found below:

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



Shenergy 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.

Shenergy 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 )
=4754.056/29141.612
=16.31 %

Shenergy 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 )
=1623.887/8070.803
=20.12 %

* 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.


Shenergy Co  (SHSE:600642) 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.


Shenergy Co Pretax Margin % Related Terms

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Shenergy Co (SHSE:600642) Business Description

Traded in Other Exchanges
N/A
Address
Hongjing Road 159, 5th Floor, Shanghai, CHN, 201103
Shenergy Co Ltd is engaged in the electric power and energy industry in China. Its main business includes the investment, construction, operation, and management of electric power, petroleum, and natural gas. The company has invested and completed electric power projects, which are distributed in various fields such as thermal power, natural gas power, hydropower and nuclear power.
Executives
Xie Feng senior management
Wang Zhen Yu senior management
Shu Tong senior management
Yu Yong Lin Director
Liu Xian Jun Supervisors
Zhou Yan Fei Director
Xi Li Qiang Director
Xu Wei Quan Director
Li Wei Yi senior management
Xu Ren Zhong Supervisors
Xu Guo Bao Director
Zhou Cheng Bin Supervisors
Hua Shi Chao senior management
Wu Jian Xiong Director
Song Xue Feng Supervisors

Shenergy Co (SHSE:600642) Headlines

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