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MicroPort Scientific (HKSE:00853) Pretax Margin % : -89.79% (As of Dec. 2023)


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What is MicroPort Scientific Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. MicroPort Scientific's Pre-Tax Income for the six months ended in Dec. 2023 was HK$-3,283 Mil. MicroPort Scientific's Revenue for the six months ended in Dec. 2023 was HK$3,656 Mil. Therefore, MicroPort Scientific's pretax margin for the quarter that ended in Dec. 2023 was -89.79%.

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

HKSE:00853' s Pretax Margin % Range Over the Past 10 Years
Min: -69.16   Med: -8.67   Max: 7.97
Current: -65.86


HKSE:00853's Pretax Margin % is ranked worse than
71.43% of 819 companies
in the Medical Devices & Instruments industry
Industry Median: -0.01 vs HKSE:00853: -65.86

MicroPort Scientific Pretax Margin % Historical Data

The historical data trend for MicroPort Scientific'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.

MicroPort Scientific Pretax Margin % Chart

MicroPort Scientific 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 7.97 -32.82 -43.32 -69.16 -65.90

MicroPort Scientific Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 -59.62 -61.20 -76.56 -42.72 -89.79

Competitive Comparison of MicroPort Scientific's Pretax Margin %

For the Medical Devices subindustry, MicroPort Scientific'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.


MicroPort Scientific's Pretax Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, MicroPort Scientific's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where MicroPort Scientific's Pretax Margin % falls into.



MicroPort Scientific 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.

MicroPort Scientific'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 )
=-4892.957/7424.972
=-65.90 %

MicroPort Scientific'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 )
=-3282.771/3655.924
=-89.79 %

* 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.


MicroPort Scientific  (HKSE:00853) 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.


MicroPort Scientific Pretax Margin % Related Terms

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MicroPort Scientific (HKSE:00853) Business Description

Traded in Other Exchanges
Address
1601 Zhangdong Road, Zhangjiang Hi-Tech Park, Shanghai, CHN, 201203
MicroPort Scientific Corp develops & markets medical devices in eight segments. Cardiovascular devices business: sales, manufacture, R&D of cardiovascular devices like drug-eluting stents. Orthopedics devices business: sales, manufacture, R&D of orthopedics devices. CRM business: sales, manufacture, R&D of cardiac rhythm management devices. Endovascular & peripheral vascular devices business: sales, manufacture, R&D of endovascular & peripheral vascular devices. Neurovascular devices business: sales, manufacture, R&D of neurovascular devices. Heart valve business: sales, manufacture, R&D of heart valve devices. Surgical robot business: sales, manufacture, R&D of surgical robot devices. Surgical devices business: sales, manufacture, R&D of surgical devices. The key revenue is from The PRC.

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