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Guangdong Drive Bio tech Group Co (BJSE:838275) Pretax Margin % : 22.64% (As of Sep. 2024)


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What is Guangdong Drive Bio tech Group Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Guangdong Drive Bio tech Group Co's Pre-Tax Income for the three months ended in Sep. 2024 was ¥4.11 Mil. Guangdong Drive Bio tech Group Co's Revenue for the three months ended in Sep. 2024 was ¥18.13 Mil. Therefore, Guangdong Drive Bio tech Group Co's pretax margin for the quarter that ended in Sep. 2024 was 22.64%.

The historical rank and industry rank for Guangdong Drive Bio tech Group Co's Pretax Margin % or its related term are showing as below:

BJSE:838275' s Pretax Margin % Range Over the Past 10 Years
Min: 2.6   Med: 20.05   Max: 36.37
Current: 14.68


BJSE:838275's Pretax Margin % is ranked better than
83.65% of 1884 companies
in the Consumer Packaged Goods industry
Industry Median: 4.83 vs BJSE:838275: 14.68

Guangdong Drive Bio tech Group Co Pretax Margin % Historical Data

The historical data trend for Guangdong Drive Bio tech Group 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.

Guangdong Drive Bio tech Group Co Pretax Margin % Chart

Guangdong Drive Bio tech Group 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 24.84 36.37 33.43 19.65 6.73

Guangdong Drive Bio tech Group Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 12.70 2.27 21.08 15.12 22.64

Competitive Comparison of Guangdong Drive Bio tech Group Co's Pretax Margin %

For the Packaged Foods subindustry, Guangdong Drive Bio tech Group 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.


Guangdong Drive Bio tech Group Co's Pretax Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Guangdong Drive Bio tech Group Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Guangdong Drive Bio tech Group Co's Pretax Margin % falls into.


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Guangdong Drive Bio tech Group 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.

Guangdong Drive Bio tech Group 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 )
=6.289/93.475
=6.73 %

Guangdong Drive Bio tech Group Co's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=4.105/18.131
=22.64 %

* 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.


Guangdong Drive Bio tech Group Co  (BJSE:838275) 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.


Guangdong Drive Bio tech Group Co Pretax Margin % Related Terms

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Guangdong Drive Bio tech Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 180, Tianyuan Road, Room 313A, Yangming International Building, Tianhe District, Guangdong Province, Guangzhou City, CHN, 510520
Guangdong Drive Bio tech Group Co Ltd researches and manufactures animal hematopoietic nutrition products. It engages in the production and sales of additive premixed feed series products with nutritional hematopoietic, food-attracting, and anti-stress functions, and sales of feed additives and raw materials.

Guangdong Drive Bio tech Group Co Headlines

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