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Chijet Motor Co (Chijet Motor Co) Pretax Margin % : -595.66% (As of Dec. 2023)


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What is Chijet Motor Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Chijet Motor Co's Pre-Tax Income for the six months ended in Dec. 2023 was $-40.91 Mil. Chijet Motor Co's Revenue for the six months ended in Dec. 2023 was $6.87 Mil. Therefore, Chijet Motor Co's pretax margin for the quarter that ended in Dec. 2023 was -595.66%.

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

CJET' s Pretax Margin % Range Over the Past 10 Years
Min: -1038.71   Med: -512.93   Max: -220.5
Current: -1038.71

CJET's Pretax Margin % is ranked worse than
98.44% of 1282 companies
in the Vehicles & Parts industry
Industry Median: 4.45 vs CJET: -1038.71

Chijet Motor Co Pretax Margin % Historical Data

The historical data trend for Chijet Motor 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.

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Chijet Motor Co Pretax Margin % Chart

Chijet Motor Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-220.50 -280.46 -745.39 -1,038.71

Chijet Motor Co Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pretax Margin % Get a 7-Day Free Trial -603.73 -494.89 -1,214.22 -2,202.33 -595.66

Competitive Comparison of Chijet Motor Co's Pretax Margin %

For the Auto Manufacturers subindustry, Chijet Motor 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.

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

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

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


Chijet Motor 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.

Chijet Motor 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 )
=-98.501/9.483
=-1,038.71 %

Chijet Motor Co'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 )
=-40.91/6.868
=-595.66 %

* 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.

Chijet Motor Co  (NAS:CJET) 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.

Chijet Motor Co Pretax Margin % Related Terms

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Chijet Motor Co (Chijet Motor Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Chijet Motor Co Inc (NAS:CJET) » Definitions » Pretax Margin %
Comparable Companies
BLBD GGR GOEV NIU WKHS MULN EGOX CENN SOLO FFIE TSLA TSE:7203 SZSE:002594 XTER:MBG XTER:BMW STLA XTER:VOW3 MIL:RACE TSE:7267 F
Traded in Other Exchanges
N/A
Address
No. 8, Beijing South Road Economic & Technological Development Zone Yantai, Shandong, CHN, 264006
Website
https://www.chijetmotors.com
Chijet Motor Co Inc is engaged in the research and development, production and sales of new energy vehicles. New energy vehicles refer to plug-in electric vehicles including battery electric vehicles, plug-in hybrid (PHEV) electric vehicles, and fuel cell electric vehicles. Its passenger vehicles include small cars, sedans, and sports utility vehicles, or SUVs, and commercial vehicles include light trucks and vans.