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Golden Solar New Energy Technology Holdings (HKSE:01121) Pretax Margin % : -141.99% (As of Dec. 2023)


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What is Golden Solar New Energy Technology Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Golden Solar New Energy Technology Holdings's Pre-Tax Income for the six months ended in Dec. 2023 was HK$-217.2 Mil. Golden Solar New Energy Technology Holdings's Revenue for the six months ended in Dec. 2023 was HK$152.9 Mil. Therefore, Golden Solar New Energy Technology Holdings's pretax margin for the quarter that ended in Dec. 2023 was -141.99%.

The historical rank and industry rank for Golden Solar New Energy Technology Holdings's Pretax Margin % or its related term are showing as below:

HKSE:01121' s Pretax Margin % Range Over the Past 10 Years
Min: -349.35   Med: -101.98   Max: 3.68
Current: -109.64


HKSE:01121's Pretax Margin % is ranked worse than
97.7% of 1042 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.455 vs HKSE:01121: -109.64

Golden Solar New Energy Technology Holdings Pretax Margin % Historical Data

The historical data trend for Golden Solar New Energy Technology 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.

Golden Solar New Energy Technology Holdings Pretax Margin % Chart

Golden Solar New Energy Technology 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 -184.69 -94.31 3.68 -60.13 -109.64

Golden Solar New Energy Technology 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 9.54 -76.57 -44.40 -80.56 -141.99

Competitive Comparison of Golden Solar New Energy Technology Holdings's Pretax Margin %

For the Footwear & Accessories subindustry, Golden Solar New Energy Technology 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.


Golden Solar New Energy Technology Holdings's Pretax Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Golden Solar New Energy Technology Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Golden Solar New Energy Technology Holdings's Pretax Margin % falls into.



Golden Solar New Energy Technology 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.

Golden Solar New Energy Technology 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 )
=-354.197/323.045
=-109.64 %

Golden Solar New Energy Technology 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 )
=-217.169/152.945
=-141.99 %

* 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.


Golden Solar New Energy Technology Holdings  (HKSE:01121) 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.


Golden Solar New Energy Technology Holdings Pretax Margin % Related Terms

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Golden Solar New Energy Technology Holdings (HKSE:01121) Business Description

Traded in Other Exchanges
N/A
Address
Huoju Industrial Zone, Jiangnan Town, Licheng District, Fujian Province, Quanzhou, CHN, 362300
Golden Solar New Energy Technology Holdings Ltd is a material technology company that engages in different market segments such as footwear, environmental protection and energy-related fields.

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