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Veson Holdings (HKSE:01399) Pretax Margin % : 0.67% (As of Dec. 2023)


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What is Veson Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Veson Holdings's Pre-Tax Income for the six months ended in Dec. 2023 was HK$26 Mil. Veson Holdings's Revenue for the six months ended in Dec. 2023 was HK$3,828 Mil. Therefore, Veson Holdings's pretax margin for the quarter that ended in Dec. 2023 was 0.67%.

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

HKSE:01399' s Pretax Margin % Range Over the Past 10 Years
Min: -2.87   Med: 0.43   Max: 1.51
Current: 0.18


HKSE:01399's Pretax Margin % is ranked worse than
76.2% of 2967 companies
in the Industrial Products industry
Industry Median: 6.55 vs HKSE:01399: 0.18

Veson Holdings Pretax Margin % Historical Data

The historical data trend for Veson 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.

Veson Holdings Pretax Margin % Chart

Veson 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 0.76 -0.64 0.91 0.42 0.18

Veson 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 1.02 0.65 0.20 -0.47 0.67

Competitive Comparison of Veson Holdings's Pretax Margin %

For the Electrical Equipment & Parts subindustry, Veson 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.


Veson Holdings's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Veson Holdings's Pretax Margin % distribution charts can be found below:

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



Veson 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.

Veson 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 )
=11.939/6721.521
=0.18 %

Veson 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 )
=25.653/3828.33
=0.67 %

* 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.


Veson Holdings  (HKSE:01399) 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.


Veson Holdings Pretax Margin % Related Terms

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Veson Holdings (HKSE:01399) Business Description

Traded in Other Exchanges
N/A
Address
No. 98 Jiangbin Avenue East, Fuzhou Pilot Free Trade Zone, Scud Industrial Park, Fujian Province, Mawei District, Fuzhou, CHN
Veson Holdings Ltd is engaged in the business of original design manufacturing (ODM business) as well as the bare battery cells business. It generates maximum revenue from the ODM business segment which involves the manufacture and supply of lithium-ion battery modules, power banks, motive battery and related accessories for branded mobile phone and tablets and EV manufacturers within and outside China. Geographically, it operates in the PRC. The company's products are used for mobile phones, tablets and digital products battery and related accessories.
Executives
Fang Jin 2201 Interest of corporation controlled by you
Right Grand Holdings Limited 2101 Beneficial owner
Swift Joy Holdings Limited 2101 Beneficial owner

Veson Holdings (HKSE:01399) Headlines

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