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BAIC Motor (BAIC Motor) Pretax Margin % : 2.99% (As of Dec. 2023)


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What is BAIC Motor Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. BAIC Motor's Pre-Tax Income for the three months ended in Dec. 2023 was $182 Mil. BAIC Motor's Revenue for the three months ended in Dec. 2023 was $6,098 Mil. Therefore, BAIC Motor's pretax margin for the quarter that ended in Dec. 2023 was 2.99%.

The historical rank and industry rank for BAIC Motor's Pretax Margin % or its related term are showing as below:

BMCLF' s Pretax Margin % Range Over the Past 10 Years
Min: 8.47   Med: 12.67   Max: 13.94
Current: 8.47


BMCLF's Pretax Margin % is ranked better than
71.42% of 1284 companies
in the Vehicles & Parts industry
Industry Median: 4.46 vs BMCLF: 8.47

BAIC Motor Pretax Margin % Historical Data

The historical data trend for BAIC Motor'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.

BAIC Motor Pretax Margin % Chart

BAIC Motor 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 12.63 11.54 13.03 12.98 10.61

BAIC Motor Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 12.75 12.07 - 12.86 2.99

Competitive Comparison of BAIC Motor's Pretax Margin %

For the Auto Manufacturers subindustry, BAIC Motor'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.


BAIC Motor's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BAIC Motor's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where BAIC Motor's Pretax Margin % falls into.



BAIC Motor 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.

BAIC Motor'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 )
=2941.089/27723.198
=10.61 %

BAIC Motor's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=182.041/6097.719
=2.99 %

* 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.


BAIC Motor  (OTCPK:BMCLF) 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.


BAIC Motor Pretax Margin % Related Terms

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BAIC Motor (BAIC Motor) Business Description

Traded in Other Exchanges
Address
No. 99 Shuanghe Street, A5-061, Unit 101, 5th Floor, Building No 1, Courtyard, Shunyi District, Beijing, CHN, 101300
BAIC Motor Corp Ltd is a provincial state-owned enterprise that manufactures passenger vehicles (PV) and automotive components. The majority of BAIC's revenue and operating profits come from joint ventures with Mercedes Benz and Hyundai. The firm also manufactures and sells its own vehicles under the Beijing Brand.

BAIC Motor (BAIC Motor) Headlines

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