Longwen Group (Longwen Group) Pre-Tax Income : $-0.89 Mil (TTM As of Mar. 2024)

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What is Longwen Group Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Longwen Group's pretax income for the three months ended in Mar. 2024 was $-0.49 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.89 Mil. Longwen Group's pretax margin was -1,215.00%.

During the past 13 years, Longwen Group's highest Pretax Margin was 497.21%. The lowest was -4871.43%. And the median was -3345.47%.

Longwen Group Pre-Tax Income Historical Data

The historical data trend for Longwen Group's Pre-Tax Income 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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Longwen Group Pre-Tax Income Chart

Longwen Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec21

Dec22

Dec23

Pre-Tax Income

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-0.02

-0.01

-15.60

-0.75

-1.02

Longwen Group Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pre-Tax Income	Get a 7-Day Free Trial															-0.64	-0.12	-0.19	-0.09	-0.49

Competitive Comparison of Longwen Group's Pre-Tax Income

For the Consulting Services subindustry, Longwen Group's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.

Longwen Group's Pre-Tax Income Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Longwen Group's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Longwen Group's Pre-Tax Income falls into.

Longwen Group Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Longwen Group's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-1.014	+	-0.008	+	0	+	0	+	-0.00099999999999989
	=	-1.02

Longwen Group's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-0.478	+	-0.008	+	0	+	0	+	0
	=	-0.49

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.89 Mil.

Longwen Group (OTCPK:LWLW) Pre-Tax Income Explanation

Longwen Group's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-0.486	/	0.04
	=	-1,215.00%

During the past 13 years, Longwen Group's highest Pretax Margin was 497.21%. The lowest was -4871.43%. And the median was -3345.47%.

Longwen Group Pre-Tax Income Related Terms

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Longwen Group (Longwen Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Longwen Group Corp (OTCPK:LWLW) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

Room 219, No. 25, Caihe Road, Shangcheng District, Zhejiang Province, Hangzhou, CHN, 310002

Website

http://www.wallong.cn

Longwen Group Corp is engaged in project development and management and to provide consulting services in cultural fields, including antique project promotion and development, traditional magazine project cooperation and development, the marketing and development of audio and visual products, etc.

Executives

Douglas P Martin

10 percent owner

26 KING ST, ST PACOME, QUEBEC CANADA A1 9999999999

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