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Chaowei Power Holdings (HKSE:00951) Pretax Margin % : 1.46% (As of Dec. 2023)


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What is Chaowei Power Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Chaowei Power Holdings's Pre-Tax Income for the six months ended in Dec. 2023 was HK$380 Mil. Chaowei Power Holdings's Revenue for the six months ended in Dec. 2023 was HK$26,071 Mil. Therefore, Chaowei Power Holdings's pretax margin for the quarter that ended in Dec. 2023 was 1.46%.

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

HKSE:00951' s Pretax Margin % Range Over the Past 10 Years
Min: 0.4   Med: 2.62   Max: 3.9
Current: 1.87


HKSE:00951's Pretax Margin % is ranked worse than
67.21% of 1284 companies
in the Vehicles & Parts industry
Industry Median: 4.465 vs HKSE:00951: 1.87

Chaowei Power Holdings Pretax Margin % Historical Data

The historical data trend for Chaowei Power Holdings'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.

Chaowei Power Holdings Pretax Margin % Chart

Chaowei Power Holdings 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 2.96 3.90 2.66 2.56 1.87

Chaowei Power Holdings 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 2.20 3.15 2.15 2.46 1.46

Competitive Comparison of Chaowei Power Holdings's Pretax Margin %

For the Auto Parts subindustry, Chaowei Power Holdings'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.


Chaowei Power Holdings's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Chaowei Power Holdings's Pretax Margin % distribution charts can be found below:

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



Chaowei Power Holdings 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.

Chaowei Power Holdings'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 )
=825.611/44160.789
=1.87 %

Chaowei Power Holdings'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 )
=379.78/26070.667
=1.46 %

* 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.


Chaowei Power Holdings  (HKSE:00951) 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.


Chaowei Power Holdings Pretax Margin % Related Terms

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Chaowei Power Holdings (HKSE:00951) Business Description

Traded in Other Exchanges
Address
No. 18, Chengnan Road, Huaxi Industrial Function Area, Changxing County, Zhejiang Province, Huzhou, CHN, 313100
Chaowei Power Holdings Ltd is a manufacturer of batteries and related products used in electric bikes, electric vehicles, and special-purpose electric vehicles. The largest business segment is the production of lead-acid batteries for electric bikes. Smaller segments produce lithium-ion batteries and related products. The company supplies its batteries directly to electric-bike manufacturers, as well as to a network of independent distributors selling batteries on the secondary market. Nearly all of Chaowei Power's revenue is generated in China.

Chaowei Power Holdings (HKSE:00951) Headlines

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