Weiqiao Textile Co (HKSE:02698) Pretax Margin % : -5.36% (As of Jun. 2023)

Weiqiao Textile Co Pretax Margin % Chart

Weiqiao Textile Co Annual Data
	Trend	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Pretax Margin %		Get a 7-Day Free Trial					6.22	3.58	3.66	3.95	-8.87

Weiqiao Textile Co Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Pretax Margin %	Get a 7-Day Free Trial															8.44	0.10	-7.82	-9.92	-5.36

Competitive Comparison of Weiqiao Textile Co's Pretax Margin %

For the Textile Manufacturing subindustry, Weiqiao Textile 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.

Weiqiao Textile Co's Pretax Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Weiqiao Textile Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Weiqiao Textile Co's Pretax Margin % falls into.

Weiqiao Textile 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.

Weiqiao Textile Co's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Weiqiao Textile Co's Pretax Margin for the quarter that ended in Jun. 2023 is calculated as

* 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.

Weiqiao Textile Co  (HKSE:02698) 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.

Weiqiao Textile Co Pretax Margin % Related Terms

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Weiqiao Textile Co (HKSE:02698) Business Description