Goldwind Science & Technology Co (STU:CXGH) Pretax Margin % : 7.48% (As of Mar. 2024)

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What is Goldwind Science & Technology Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Goldwind Science & Technology Co's Pre-Tax Income for the three months ended in Mar. 2024 was €67 Mil. Goldwind Science & Technology Co's Revenue for the three months ended in Mar. 2024 was €892 Mil. Therefore, Goldwind Science & Technology Co's pretax margin for the quarter that ended in Mar. 2024 was 7.48%.

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

STU:CXGH' s Pretax Margin % Range Over the Past 10 Years
Min: 2.22 Med: 9.95 Max: 13.89
Current: 2.22

STU:CXGH's Pretax Margin % is ranked worse than
69.6% of 2974 companies
in the Industrial Products industry
Industry Median: 6.525 vs STU:CXGH: 2.22

Goldwind Science & Technology Co Pretax Margin % Historical Data

The historical data trend for Goldwind Science & 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.

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Goldwind Science & Technology Co Pretax Margin % Chart

Goldwind Science & Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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6.70

5.82

9.09

5.97

4.99

Goldwind Science & Technology 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															33.94	0.69	1.44	1.84	7.48

Competitive Comparison of Goldwind Science & Technology Co's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Goldwind Science & 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.

Goldwind Science & Technology Co's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Goldwind Science & Technology Co's Pretax Margin % distribution charts can be found below:

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

Goldwind Science & 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.

Goldwind Science & 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 )
	=	323.539	/	6480.105
	=	4.99 %

Goldwind Science & Technology 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 )
	=	66.711	/	891.592
	=	7.48 %

Goldwind Science & Technology Co (STU:CXGH) 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.

Goldwind Science & Technology Co Pretax Margin % Related Terms

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Goldwind Science & Technology Co (STU:CXGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Goldwind Science & Technology Co Ltd (STU:CXGH) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

XJNGF:USA 02208:Hong Kong CXGH:Germany 002202:China

Address

No. 8 Boxing 1st Road, Economic and Technological Development District, Beijing, CHN, 100176

Website

https://www.goldwind.com

Goldwind Science & Technology Co Ltd manufactures, and markets wind turbines & other solutions. It has four segments. The wind turbine generator manufacturing & sale segment engages in research & development, manufacture & sale of wind turbine generators &bspare parts; the wind power services segment provides wind power construction, post-warranty service & asset management services; the wind farm development segment engages in the development of wind farms, which includes wind power generation service provided by the Group's wind farms & its sales; & the others segment mainly engages in the operation of water treatment plants under the service concession arrangements. The majority is from Wind turbine generator manufacturing & sale. Geographically, the key revenue is from China.

Goldwind Science & Technology Co (STU:CXGH) Headlines

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