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Shanghai INT Medical Instruments Co (HKSE:01501) Pretax Margin % : 20.99% (As of Dec. 2023)


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What is Shanghai INT Medical Instruments Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Shanghai INT Medical Instruments Co's Pre-Tax Income for the six months ended in Dec. 2023 was HK$94.8 Mil. Shanghai INT Medical Instruments Co's Revenue for the six months ended in Dec. 2023 was HK$451.8 Mil. Therefore, Shanghai INT Medical Instruments Co's pretax margin for the quarter that ended in Dec. 2023 was 20.99%.

The historical rank and industry rank for Shanghai INT Medical Instruments Co's Pretax Margin % or its related term are showing as below:

HKSE:01501' s Pretax Margin % Range Over the Past 10 Years
Min: 23.26   Med: 34.11   Max: 39.07
Current: 23.26


HKSE:01501's Pretax Margin % is ranked better than
88.33% of 814 companies
in the Medical Devices & Instruments industry
Industry Median: 0.08 vs HKSE:01501: 23.26

Shanghai INT Medical Instruments Co Pretax Margin % Historical Data

The historical data trend for Shanghai INT Medical Instruments Co'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.

Shanghai INT Medical Instruments Co Pretax Margin % Chart

Shanghai INT Medical Instruments Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 39.07 38.25 33.51 24.66 23.26

Shanghai INT Medical Instruments Co Semi-Annual Data
Dec16 Dec17 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 33.73 25.23 24.30 26.02 20.99

Competitive Comparison of Shanghai INT Medical Instruments Co's Pretax Margin %

For the Medical Instruments & Supplies subindustry, Shanghai INT Medical Instruments Co'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.


Shanghai INT Medical Instruments Co's Pretax Margin % Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Shanghai INT Medical Instruments Co's Pretax Margin % falls into.



Shanghai INT Medical Instruments Co 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.

Shanghai INT Medical Instruments Co'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 )
=191.551/823.436
=23.26 %

Shanghai INT Medical Instruments Co'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 )
=94.843/451.809
=20.99 %

* 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.


Shanghai INT Medical Instruments Co  (HKSE:01501) 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.


Shanghai INT Medical Instruments Co Pretax Margin % Related Terms

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Shanghai INT Medical Instruments Co (HKSE:01501) Business Description

Traded in Other Exchanges
N/A
Address
No. 925 Jin Yuan Yi Road, Block 2, Jiading District, Shanghai, CHN, 201803
Shanghai INT Medical Instruments Co Ltd formerly Shanghai Kindly Medical Instruments Co Ltd is a manufacturer of cardiovascular interventional devices, which are mainly used in cardiovascular surgeries, and in particular, PCI procedures in China. It is engaged in the sales, manufacture, research, and development of cardiovascular interventional medical devices as well as related accessories and molds. It is also engaged in the research and development of other interventional and implantable medical devices, such as neurological interventional medical devices and endocardia implantable medical devices, among others. Geographically, it has operations in Mainland China, Europe, the United States, and Other countries.

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