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Zhejiang Danau Industries Co (BJSE:831855) Pretax Margin % : 15.66% (As of Mar. 2024)


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What is Zhejiang Danau Industries Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Zhejiang Danau Industries Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥7.7 Mil. Zhejiang Danau Industries Co's Revenue for the three months ended in Mar. 2024 was ¥49.2 Mil. Therefore, Zhejiang Danau Industries Co's pretax margin for the quarter that ended in Mar. 2024 was 15.66%.

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

BJSE:831855' s Pretax Margin % Range Over the Past 10 Years
Min: 10.93   Med: 18.58   Max: 23.35
Current: 19.07


BJSE:831855's Pretax Margin % is ranked better than
88.44% of 2967 companies
in the Industrial Products industry
Industry Median: 6.55 vs BJSE:831855: 19.07

Zhejiang Danau Industries Co Pretax Margin % Historical Data

The historical data trend for Zhejiang Danau Industries 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.

Zhejiang Danau Industries Co Pretax Margin % Chart

Zhejiang Danau Industries 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 19.40 14.90 16.99 20.40 19.09

Zhejiang Danau Industries Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 16.06 26.17 19.27 13.66 15.66

Competitive Comparison of Zhejiang Danau Industries Co's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Zhejiang Danau Industries 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.


Zhejiang Danau Industries Co's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Danau Industries Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Zhejiang Danau Industries Co's Pretax Margin % falls into.



Zhejiang Danau Industries 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.

Zhejiang Danau Industries 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 )
=47.67/249.709
=19.09 %

Zhejiang Danau Industries 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 )
=7.712/49.248
=15.66 %

* 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.


Zhejiang Danau Industries Co  (BJSE:831855) 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.


Zhejiang Danau Industries Co Pretax Margin % Related Terms

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Zhejiang Danau Industries Co (BJSE:831855) Business Description

Traded in Other Exchanges
N/A
Address
No. 299 Yanhe North Road, Hengjie Town, Luqiao District, Zhejiang Province, Taizhou City, CHN, 318056
Zhejiang Danau Industries Co Ltd engages in research and development, production, and sales of high-pressure cleaner-related products. Its product offering comprises of Industrial Reciprocating High-Pressure Plunger Pump, Industrial High-Pressure Plunger Pump Set/System, High Pressure Plunger Pump, Pump Valves and Parts, High Pressure Washer, Specialized Pressure Washer/System, High-Pressure Washer Accessories, and Sewer Nozzle and Attachment.

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