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China New Energy (HKSE:01156) Pretax Margin % : -6.95% (As of Jun. 2024)


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What is China New Energy Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. China New Energy's Pre-Tax Income for the six months ended in Jun. 2024 was HK$-2.74 Mil. China New Energy's Revenue for the six months ended in Jun. 2024 was HK$39.38 Mil. Therefore, China New Energy's pretax margin for the quarter that ended in Jun. 2024 was -6.95%.

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

HKSE:01156' s Pretax Margin % Range Over the Past 10 Years
Min: -263.95   Med: 3.46   Max: 21.18
Current: -69.39


HKSE:01156's Pretax Margin % is ranked worse than
88.82% of 939 companies
in the Oil & Gas industry
Industry Median: 5.91 vs HKSE:01156: -69.39

China New Energy Pretax Margin % Historical Data

The historical data trend for China New Energy'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.

China New Energy Pretax Margin % Chart

China New Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.92 2.32 -48.33 -263.95 -69.61

China New Energy Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -67.78 -50.63 -970.24 -6.95 -116.54

Competitive Comparison of China New Energy's Pretax Margin %

For the Oil & Gas Equipment & Services subindustry, China New Energy'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.


China New Energy's Pretax Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China New Energy's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where China New Energy's Pretax Margin % falls into.


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China New Energy 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.

China New Energy'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 )
=-120.753/45.748
=-263.95 %

China New Energy's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=-2.737/39.384
=-6.95 %

* 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.


China New Energy  (HKSE:01156) 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.


China New Energy Pretax Margin % Related Terms

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China New Energy Business Description

Traded in Other Exchanges
Address
No. 80, Lanyue Road, Unit 210, 2nd Floor, Science City, Comprehensive Service Building Science & Technology Innovation Base, Guangzhou High-tech Industrial Development Zone,, Guangzhou, CHN, 510640
China New Energy Ltd is a provider of bioenergy technology solutions. The Group is engaged in the provision of ethanol production system technology integrated services in the ethanol fuel and alcoholic beverage industries The company offers technology services to two industries: Ethanol fuel construction services and Alcoholic beverage construction services. It generates maximum revenue from the Ethanol fuel construction services streams. Geographically, it derives a majority of its revenue from the PRC and also has a presence in Canada, Russia, Thailand, and Myanmar.
Executives
Best Full Investments Limited 2101 Beneficial owner
Han Jing 2202 Interest of your spouse
Liang Hongtao 2201 Interest of corporation controlled by you
Tang Zhaoxing 2201 Interest of corporation controlled by you
Zeng Fanghua 2202 Interest of your spouse
Tonzest Capital Holding Limited 2101 Beneficial owner
Tan Fengqiao 2202 Interest of your spouse
Yu Weijun 2101 Beneficial owner
Tewin Capital Holding Limited 2101 Beneficial owner
Chen Wan Ling 2201 Interest of corporation controlled by you
Kapok Capital Management Limited 2101 Beneficial owner
Jiang Xinchun 2101 Beneficial owner
Wang Yan 2202 Interest of your spouse
Jojo Global Investment Limited 2101 Beneficial owner

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