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CRCC High-Tech Equipment (HKSE:01786) Pretax Margin % : 5.90% (As of Dec. 2023)


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What is CRCC High-Tech Equipment Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. CRCC High-Tech Equipment's Pre-Tax Income for the six months ended in Dec. 2023 was HK$97 Mil. CRCC High-Tech Equipment's Revenue for the six months ended in Dec. 2023 was HK$1,637 Mil. Therefore, CRCC High-Tech Equipment's pretax margin for the quarter that ended in Dec. 2023 was 5.90%.

The historical rank and industry rank for CRCC High-Tech Equipment's Pretax Margin % or its related term are showing as below:

HKSE:01786' s Pretax Margin % Range Over the Past 10 Years
Min: 1.42   Med: 5.59   Max: 15.01
Current: 4.42


HKSE:01786's Pretax Margin % is ranked worse than
63.05% of 969 companies
in the Transportation industry
Industry Median: 7.11 vs HKSE:01786: 4.42

CRCC High-Tech Equipment Pretax Margin % Historical Data

The historical data trend for CRCC High-Tech Equipment'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.

CRCC High-Tech Equipment Pretax Margin % Chart

CRCC High-Tech Equipment 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 6.76 1.42 2.04 4.38 4.42

CRCC High-Tech Equipment Semi-Annual Data
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 2.14 3.47 5.09 3.05 5.90

Competitive Comparison of CRCC High-Tech Equipment's Pretax Margin %

For the Railroads subindustry, CRCC High-Tech Equipment'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.


CRCC High-Tech Equipment's Pretax Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, CRCC High-Tech Equipment's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where CRCC High-Tech Equipment's Pretax Margin % falls into.



CRCC High-Tech Equipment 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.

CRCC High-Tech Equipment'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 )
=149.944/3390.689
=4.42 %

CRCC High-Tech Equipment'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 )
=96.523/1636.979
=5.90 %

* 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.


CRCC High-Tech Equipment  (HKSE:01786) 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.


CRCC High-Tech Equipment Pretax Margin % Related Terms

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CRCC High-Tech Equipment (HKSE:01786) Business Description

Traded in Other Exchanges
N/A
Address
No. 384, Yangfangwang, Jinma Town, Yunnan Province, Kunming, CHN
CRCC High-Tech Equipment Corporation Ltd is engaged in the manufacture of products in the large-scale railway track maintenance machinery industry and the provision of related services. Its revenues are generated from manufacturing and sales of machines, parts, components sales and services, overhaul services, and railway line maintenance services. Geographically, the majority of its revenue derives from China.

CRCC High-Tech Equipment (HKSE:01786) Headlines

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