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Wuxi Fangsheng Heat Exchanger (BJSE:832662) Pretax Margin % : 15.80% (As of Mar. 2024)


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What is Wuxi Fangsheng Heat Exchanger Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Wuxi Fangsheng Heat Exchanger's Pre-Tax Income for the three months ended in Mar. 2024 was ¥9.7 Mil. Wuxi Fangsheng Heat Exchanger's Revenue for the three months ended in Mar. 2024 was ¥61.5 Mil. Therefore, Wuxi Fangsheng Heat Exchanger's pretax margin for the quarter that ended in Mar. 2024 was 15.80%.

The historical rank and industry rank for Wuxi Fangsheng Heat Exchanger's Pretax Margin % or its related term are showing as below:

BJSE:832662' s Pretax Margin % Range Over the Past 10 Years
Min: 7.01   Med: 15.5   Max: 20.83
Current: 19.38


BJSE:832662's Pretax Margin % is ranked better than
88.84% of 2967 companies
in the Industrial Products industry
Industry Median: 6.55 vs BJSE:832662: 19.38

Wuxi Fangsheng Heat Exchanger Pretax Margin % Historical Data

The historical data trend for Wuxi Fangsheng Heat Exchanger'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.

Wuxi Fangsheng Heat Exchanger Pretax Margin % Chart

Wuxi Fangsheng Heat Exchanger 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 17.73 17.62 14.03 16.97 20.83

Wuxi Fangsheng Heat Exchanger Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 22.66 22.71 24.79 11.73 15.80

Competitive Comparison of Wuxi Fangsheng Heat Exchanger's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Wuxi Fangsheng Heat Exchanger'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.


Wuxi Fangsheng Heat Exchanger's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuxi Fangsheng Heat Exchanger's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Wuxi Fangsheng Heat Exchanger's Pretax Margin % falls into.



Wuxi Fangsheng Heat Exchanger 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.

Wuxi Fangsheng Heat Exchanger'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 )
=71.515/343.378
=20.83 %

Wuxi Fangsheng Heat Exchanger'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 )
=9.721/61.527
=15.80 %

* 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.


Wuxi Fangsheng Heat Exchanger  (BJSE:832662) 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.


Wuxi Fangsheng Heat Exchanger Pretax Margin % Related Terms

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Wuxi Fangsheng Heat Exchanger (BJSE:832662) Business Description

Traded in Other Exchanges
N/A
Address
30, Changkang Road, Mashan No. 5 Bridge, Binhu District, Jiangsu Province, Wuxi City, CHN, 214092
Wuxi Fangsheng Heat Exchanger Corp Ltd engages in research and development, design, production, and sales of plate-fin heat exchangers and heat exchange systems. Its Heat Exchangers are widely applied in many fields such as construction machinery, new energy system, and rail transit.

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