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Weichai Power Co (FRA:WI4) Pretax Margin % : 7.41% (As of Mar. 2024)


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What is Weichai Power Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Weichai Power Co's Pre-Tax Income for the three months ended in Mar. 2024 was €534 Mil. Weichai Power Co's Revenue for the three months ended in Mar. 2024 was €7,203 Mil. Therefore, Weichai Power Co's pretax margin for the quarter that ended in Mar. 2024 was 7.41%.

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

FRA:WI4' s Pretax Margin % Range Over the Past 10 Years
Min: 3.47   Med: 6.51   Max: 8.7
Current: 6.77


FRA:WI4's Pretax Margin % is ranked better than
51.87% of 2971 companies
in the Industrial Products industry
Industry Median: 6.43 vs FRA:WI4: 6.77

Weichai Power Co Pretax Margin % Historical Data

The historical data trend for Weichai Power 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.

Weichai Power Co Pretax Margin % Chart

Weichai Power 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 8.23 6.44 6.57 3.47 6.15

Weichai Power Co 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 4.96 5.88 7.17 6.56 7.41

Competitive Comparison of Weichai Power Co's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Weichai Power 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.


Weichai Power Co's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Weichai Power Co's Pretax Margin % distribution charts can be found below:

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



Weichai Power 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.

Weichai Power 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 )
=1688.989/27478.211
=6.15 %

Weichai Power Co'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 )
=533.588/7202.631
=7.41 %

* 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.


Weichai Power Co  (FRA:WI4) 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.


Weichai Power Co Pretax Margin % Related Terms

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Weichai Power Co (FRA:WI4) Business Description

Address
197, Section A, Fu Shou East Street, High Technology Industrial Development Zone, Shandong Province, Weifang, CHN, 261061
Weichai Power Co Ltd is an industrial technology company that offers vehicles, equipment, and logistics and supply chain services in China. The operating segments of the company are 1) Engines segment includes the manufacturing and sale of engines and related parts; 2) Automobiles and automobile components include the manufacturing and sale of automobiles and automobile components other than Engines; 3) Agricultural equipment includes the manufacturing and sale of agricultural equipment (complete machineries), agricultural machineries, agricultural vehicles and related parts; 4) Intelligent logistics includes forklift trucks production, warehousing technology and supply chain solution services.

Weichai Power Co (FRA:WI4) Headlines

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