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HISEF (Hisense Home Appliances Group Co) Pretax Margin % : 5.86% (As of Sep. 2024)


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What is Hisense Home Appliances Group Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hisense Home Appliances Group Co's Pre-Tax Income for the three months ended in Sep. 2024 was $182 Mil. Hisense Home Appliances Group Co's Revenue for the three months ended in Sep. 2024 was $3,100 Mil. Therefore, Hisense Home Appliances Group Co's pretax margin for the quarter that ended in Sep. 2024 was 5.86%.

The historical rank and industry rank for Hisense Home Appliances Group Co's Pretax Margin % or its related term are showing as below:

HISEF' s Pretax Margin % Range Over the Past 10 Years
Min: 2.66   Med: 4.96   Max: 7.2
Current: 6.35


HISEF's Pretax Margin % is ranked better than
58.28% of 429 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.74 vs HISEF: 6.35

Hisense Home Appliances Group Co Pretax Margin % Historical Data

The historical data trend for Hisense Home Appliances 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.

Hisense Home Appliances Group Co Pretax Margin % Chart

Hisense Home Appliances 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 5.75 7.20 4.32 5.16 6.64

Hisense Home Appliances 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 7.81 4.89 7.47 6.94 5.86

Competitive Comparison of Hisense Home Appliances Group Co's Pretax Margin %

For the Furnishings, Fixtures & Appliances subindustry, Hisense Home Appliances 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.


Hisense Home Appliances Group Co's Pretax Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hisense Home Appliances Group Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Hisense Home Appliances Group Co's Pretax Margin % falls into.



Hisense Home Appliances 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.

Hisense Home Appliances 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 )
=796.134/11988.486
=6.64 %

Hisense Home Appliances 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 )
=181.807/3100.257
=5.86 %

* 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.


Hisense Home Appliances Group Co  (OTCPK:HISEF) 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.


Hisense Home Appliances Group Co Pretax Margin % Related Terms

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Hisense Home Appliances Group Co Business Description

Traded in Other Exchanges
Address
No 148 Connaught Road West, Room 3101-3105, Singga Commercial Centre, Hong kong, HKG, 528303
Hisense Home Appliances Group Co Ltd is a manufacturer of white household electrical appliances in the People's Republic of China, with eight brand names, namely Hisense, Ronshen, KELON, HITACHI, YORK, Gorenje, ASKO, and SANDEN. The company produces electrical appliances like refrigerators, air-conditioners, freezers, washing machines, and Kitchen electrical appliances. The businesses of the Company are set out as follows: HVAC Business Work; Refrigerator and Washing Machine Business Work; Automotive Air Conditioner Compressor and Integrated Thermal Management System Business Work; Smart Home Business Work; Overseas Markets for Home Appliances Business Work and Implementing the Manufacturing Work. The majority of the company's revenue is generated from China.

Hisense Home Appliances Group Co Headlines