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Weihai Guangwei Composites Co (SZSE:300699) Pre-Tax Income : ¥968 Mil (TTM As of Mar. 2024)


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What is Weihai Guangwei Composites Co Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Weihai Guangwei Composites Co's pretax income for the three months ended in Mar. 2024 was ¥170 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was ¥968 Mil. Weihai Guangwei Composites Co's pretax margin was 33.22%.

During the past 12 years, Weihai Guangwei Composites Co's highest Pretax Margin was 41.57%. The lowest was 13.84%. And the median was 33.80%.


Weihai Guangwei Composites Co Pre-Tax Income Historical Data

The historical data trend for Weihai Guangwei Composites Co'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.

* Premium members only.

Weihai Guangwei Composites Co Pre-Tax Income Chart

Weihai Guangwei Composites Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 608.25 724.90 851.56 1,043.97 992.88

Weihai Guangwei Composites Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income 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 194.35 277.41 234.30 286.83 169.96

Competitive Comparison of Weihai Guangwei Composites Co's Pre-Tax Income

For the Chemicals subindustry, Weihai Guangwei Composites Co'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.


Weihai Guangwei Composites Co's Pre-Tax Income Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Weihai Guangwei Composites Co's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Weihai Guangwei Composites Co's Pre-Tax Income falls into.



Weihai Guangwei Composites Co Pre-Tax Income Calculation

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

Weihai Guangwei Composites Co'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
=1051.429+0+-9.607+18.163+-67.101
=993

Weihai Guangwei Composites Co'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
=184.262+0+-3.725+-4.734+-5.848
=170

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 ¥968 Mil.

* 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.


Weihai Guangwei Composites Co  (SZSE:300699) Pre-Tax Income Explanation

Weihai Guangwei Composites Co's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=169.955/511.597
=33.22%

During the past 12 years, Weihai Guangwei Composites Co's highest Pretax Margin was 41.57%. The lowest was 13.84%. And the median was 33.80%.

* 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.


Weihai Guangwei Composites Co Pre-Tax Income Related Terms

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Weihai Guangwei Composites Co (SZSE:300699) Business Description

Traded in Other Exchanges
N/A
Address
Tianjin High Road - 130, Hi-Tech District, Shandong Province, Weihai, CHN, 264202
Weihai Guangwei Composites Co Ltd is engaged in research, development, and production of advanced composites. It offers carbon, reinforced fiber fabric, prepregs and composite products. It is also engaged in equipment manufacturing. The company's composites and products are widely applied in various industries which include wind power, shipbuilding, sports industry, transportation industry, medical apparatus and instrument, textile machinery, industrial machinery, musical equipment, photographic equipment and the building.
Executives
Lin Feng Sen Executives
Zhang Yue Yi Directors, executives
Wang Zhuang Zhi Executives
Gao Zhang Xing Executives
Lu Zhao Jun Director
Wang Wen Yi Directors, executives
Li Shu Xiang Director
Tan Xian Cai Independent director

Weihai Guangwei Composites Co (SZSE:300699) Headlines

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