CRYM (Cryomass Technologies) Pretax Margin %: -22,040.00% (As of Sep. 2024)


What is Cryomass Technologies Pretax Margin %?

Cryomass Technologies CRYM -99.50% Pretax Margin % is -22,040.00% as of Sep. 2024.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Cryomass Technologies's Pre-Tax Income for the three months ended in Sep. 2024 was $-1.10 Mil. Cryomass Technologies's Revenue for the three months ended in Sep. 2024 was $0.01 Mil. Therefore, Cryomass Technologies's pretax margin for the quarter that ended in Sep. 2024 was -22,040.00%.

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


CRYM's Pretax Margin % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 7.285
* Ranked among companies with meaningful Pretax Margin % only.

Cryomass Technologies  (OTCPK:CRYM) 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.

Cryomass Technologies Pretax Margin % Related Terms

Cryomass Technologies Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Cryomass Technologies'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.

Cryomass Technologies Pretax Margin % Chart

Cryomass Technologies 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 -18,516.67 -878.36 0.00 0.00 -92,385.71

Cryomass Technologies 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 0.00 -25,142.86 -51,080.00 -11,571.43 -22,040.00

CRYM vs PNXP, SKYI, ABTI: Pretax Margin % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Cryomass Technologies'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.

Cryomass Technologies Pretax Margin % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Cryomass Technologies's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Cryomass Technologies's Pretax Margin % falls into.


Cryomass Technologies 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.

Cryomass Technologies'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 )
=-12.934/0.014
=-92,385.71 %

Cryomass Technologies'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 )
=-1.102/0.005
=-22,040.00 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of -22,040.00% mean?
Cryomass Technologies (CRYM) has a Pretax Margin % of -22,040.00% as of Sep. 2024. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Cryomass Technologies and its competitors.
Is Cryomass Technologies' Pretax Margin % too high?
Cryomass Technologies' current Pretax Margin % is -22,040.00%.
How does Cryomass Technologies' Pretax Margin % compare to PNXP and SKYI?
Cryomass Technologies' Pretax Margin % of -22,040.00% can be compared against companies in the Drug Manufacturers industry. The industry median Pretax Margin % is 7.29. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Drug Manufacturers company?
The median Pretax Margin % among Drug Manufacturers companies is 7.29, based on 956 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Cryomass Technologies and its competitors. For the Drug Manufacturers industry, the median Pretax Margin % is 7.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cryomass Technologies's current Pretax Margin % is -22,040.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cryomass Technologies stock overvalued right now?
Cryomass Technologies (CRYM) has a current Pretax Margin % of -22,040.00%. The current Pretax Margin % is -22,040.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Cryomass Technologies (CRYM), the current Pretax Margin % is -22,040.00% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cryomass Technologies Business Description

Address 1001 Bannock Street, Suite 612, Denver, CO, USA, 80204
Cryomass Technologies Inc designs, manufactures, and licenses field-mobile equipment for the handling of harvested cannabis, hemp, and other high-value plant material. The company owns patented technology that utilizes liquid nitrogen to fully separate, collect, and protect the high-value compounds from the harvested plant. The company's offerings include refinement systems and monitoring and control systems.