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AECC Aero-Engine Controls Co (SZSE:000738) Pretax Margin % : 21.57% (As of Mar. 2024)


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What is AECC Aero-Engine Controls Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. AECC Aero-Engine Controls Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥305 Mil. AECC Aero-Engine Controls Co's Revenue for the three months ended in Mar. 2024 was ¥1,415 Mil. Therefore, AECC Aero-Engine Controls Co's pretax margin for the quarter that ended in Mar. 2024 was 21.57%.

The historical rank and industry rank for AECC Aero-Engine Controls Co's Pretax Margin % or its related term are showing as below:

SZSE:000738' s Pretax Margin % Range Over the Past 10 Years
Min: 8.53   Med: 10.49   Max: 16.08
Current: 16


SZSE:000738's Pretax Margin % is ranked better than
80.98% of 305 companies
in the Aerospace & Defense industry
Industry Median: 5.69 vs SZSE:000738: 16.00

AECC Aero-Engine Controls Co Pretax Margin % Historical Data

The historical data trend for AECC Aero-Engine Controls 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.

AECC Aero-Engine Controls Co Pretax Margin % Chart

AECC Aero-Engine Controls 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 10.04 12.71 14.33 16.08 15.86

AECC Aero-Engine Controls 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 21.34 17.36 11.89 12.59 21.57

Competitive Comparison of AECC Aero-Engine Controls Co's Pretax Margin %

For the Aerospace & Defense subindustry, AECC Aero-Engine Controls 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.


AECC Aero-Engine Controls Co's Pretax Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AECC Aero-Engine Controls Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where AECC Aero-Engine Controls Co's Pretax Margin % falls into.



AECC Aero-Engine Controls 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.

AECC Aero-Engine Controls 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 )
=844.641/5324.045
=15.86 %

AECC Aero-Engine Controls 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 )
=305.31/1415.163
=21.57 %

* 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.


AECC Aero-Engine Controls Co  (SZSE:000738) 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.


AECC Aero-Engine Controls Co Pretax Margin % Related Terms

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AECC Aero-Engine Controls Co (SZSE:000738) Business Description

Traded in Other Exchanges
N/A
Address
No.72 , Liangxi Road, Binhu District, Jiangsu Province, Wuxi City, CHN
AECC Aero-Engine Controls Co Ltd is engaged in the provision of aviation and defense and non-aviation civilian products. The company provides civil aviation control system precision components for well-known aviation companies abroad. It operates through three major business segments, Engine Control Systems and Components, International Cooperation and Non-Navigation Products. The Engine Control System and Components business mainly include the development, production, repair, and sales of aero-engine control systems and derivative products.

AECC Aero-Engine Controls Co (SZSE:000738) Headlines

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