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Zenner Metering Technology (Shanghai) (SZSE:301303) Pretax Margin % : 27.25% (As of Mar. 2024)


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What is Zenner Metering Technology (Shanghai) Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Zenner Metering Technology (Shanghai)'s Pre-Tax Income for the three months ended in Mar. 2024 was ¥74 Mil. Zenner Metering Technology (Shanghai)'s Revenue for the three months ended in Mar. 2024 was ¥271 Mil. Therefore, Zenner Metering Technology (Shanghai)'s pretax margin for the quarter that ended in Mar. 2024 was 27.25%.

The historical rank and industry rank for Zenner Metering Technology (Shanghai)'s Pretax Margin % or its related term are showing as below:

SZSE:301303' s Pretax Margin % Range Over the Past 10 Years
Min: 20.35   Med: 25.56   Max: 28.12
Current: 28.12


SZSE:301303's Pretax Margin % is ranked better than
95.83% of 2974 companies
in the Industrial Products industry
Industry Median: 6.525 vs SZSE:301303: 28.12

Zenner Metering Technology (Shanghai) Pretax Margin % Historical Data

The historical data trend for Zenner Metering Technology (Shanghai)'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.

Zenner Metering Technology (Shanghai) Pretax Margin % Chart

Zenner Metering Technology (Shanghai) Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 28.01 24.21 23.43 20.35 26.91

Zenner Metering Technology (Shanghai) Quarterly Data
Dec18 Dec19 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 21.17 23.55 22.89 40.59 27.25

Competitive Comparison of Zenner Metering Technology (Shanghai)'s Pretax Margin %

For the Electrical Equipment & Parts subindustry, Zenner Metering Technology (Shanghai)'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.


Zenner Metering Technology (Shanghai)'s Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zenner Metering Technology (Shanghai)'s Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Zenner Metering Technology (Shanghai)'s Pretax Margin % falls into.



Zenner Metering Technology (Shanghai) 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.

Zenner Metering Technology (Shanghai)'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 )
=361.943/1344.829
=26.91 %

Zenner Metering Technology (Shanghai)'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 )
=73.795/270.763
=27.25 %

* 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.


Zenner Metering Technology (Shanghai)  (SZSE:301303) 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.


Zenner Metering Technology (Shanghai) Pretax Margin % Related Terms

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Zenner Metering Technology (Shanghai) (SZSE:301303) Business Description

Traded in Other Exchanges
N/A
Address
No. 6558 Yinggang East Road, Building 4, Qingpu District, Shanghai, CHN, 201703
Zenner Metering Technology (Shanghai) Ltd is engaged in the research and development, manufacture and sales of gas metering instruments and supporting products. The main products are wide-range series civil membrane gas meters and industrial and commercial membrane gas meters, NB-IoT IoT gas meters, wireless remote transmission gas meters, IC card smart gas meters, ultrasonic gas meters, ultrasonic flow meters, smart gas waist wheels Flow meter & turbine flow meter, IoT intelligent controller, bellows, ATM self-service payment system, Bluetooth smart card and iGasLink smart gas information cloud platform based on cloud service.

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