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Hwaxin Environmental Co (SZSE:301265) Pretax Margin % : -0.88% (As of Mar. 2024)


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What is Hwaxin Environmental Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hwaxin Environmental Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥-0.7 Mil. Hwaxin Environmental Co's Revenue for the three months ended in Mar. 2024 was ¥76.2 Mil. Therefore, Hwaxin Environmental Co's pretax margin for the quarter that ended in Mar. 2024 was -0.88%.

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

SZSE:301265' s Pretax Margin % Range Over the Past 10 Years
Min: 10.13   Med: 16.91   Max: 25.2
Current: 10.13


SZSE:301265's Pretax Margin % is ranked better than
63.79% of 232 companies
in the Waste Management industry
Industry Median: 5.735 vs SZSE:301265: 10.13

Hwaxin Environmental Co Pretax Margin % Historical Data

The historical data trend for Hwaxin Environmental 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.

Hwaxin Environmental Co Pretax Margin % Chart

Hwaxin Environmental Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 16.91 25.20 21.46 16.37 13.24

Hwaxin Environmental Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 Sep20 Dec20 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 19.06 18.86 12.18 3.33 -0.88

Competitive Comparison of Hwaxin Environmental Co's Pretax Margin %

For the Waste Management subindustry, Hwaxin Environmental 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.


Hwaxin Environmental Co's Pretax Margin % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Hwaxin Environmental Co's Pretax Margin % distribution charts can be found below:

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



Hwaxin Environmental 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.

Hwaxin Environmental 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 )
=96.684/730.028
=13.24 %

Hwaxin Environmental 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 )
=-0.67/76.231
=-0.88 %

* 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.


Hwaxin Environmental Co  (SZSE:301265) 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.


Hwaxin Environmental Co Pretax Margin % Related Terms

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Hwaxin Environmental Co (SZSE:301265) Business Description

Traded in Other Exchanges
N/A
Address
No. 3-9, No. 4, Jingsheng North 1st Street, Jinqiao Science and Technology Industrial Base, Tongzhou Park, Zhongguancun Science and Technology, Tongzhou District, Beijing, CHN, 101102
Hwaxin Environmental Co Ltd is a high-tech environmental protection enterprise specializing in the recycling and disposal of solid waste. Its main business includes electronic waste dismantling, scrapped motor vehicle dismantling, waste electronic equipment recycling Utilization and disposal of hazardous waste and others.

Hwaxin Environmental Co (SZSE:301265) Headlines

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