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MROPF (MicroPort CardioFlow Medtech) Pretax Margin % : -24.23% (As of Jun. 2024)


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What is MicroPort CardioFlow Medtech Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. MicroPort CardioFlow Medtech's Pre-Tax Income for the six months ended in Jun. 2024 was $-7.45 Mil. MicroPort CardioFlow Medtech's Revenue for the six months ended in Jun. 2024 was $30.76 Mil. Therefore, MicroPort CardioFlow Medtech's pretax margin for the quarter that ended in Jun. 2024 was -24.23%.

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

MROPF' s Pretax Margin % Range Over the Past 10 Years
Min: -672.14   Med: -179.78   Max: -89.92
Current: -89.92


MROPF's Pretax Margin % is ranked worse than
76.98% of 821 companies
in the Medical Devices & Instruments industry
Industry Median: -1.13 vs MROPF: -89.92

MicroPort CardioFlow Medtech Pretax Margin % Historical Data

The historical data trend for MicroPort CardioFlow Medtech'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.

MicroPort CardioFlow Medtech Pretax Margin % Chart

MicroPort CardioFlow Medtech Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -672.08 -383.01 -90.96 -179.78 -137.88

MicroPort CardioFlow Medtech Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -97.41 -261.19 -99.54 -180.22 -24.23

Competitive Comparison of MicroPort CardioFlow Medtech's Pretax Margin %

For the Medical Devices subindustry, MicroPort CardioFlow Medtech'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.


MicroPort CardioFlow Medtech's Pretax Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, MicroPort CardioFlow Medtech's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where MicroPort CardioFlow Medtech's Pretax Margin % falls into.



MicroPort CardioFlow Medtech 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.

MicroPort CardioFlow Medtech'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 )
=-64.926/47.088
=-137.88 %

MicroPort CardioFlow Medtech'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 )
=-7.452/30.758
=-24.23 %

* 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.


MicroPort CardioFlow Medtech  (OTCPK:MROPF) 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.


MicroPort CardioFlow Medtech Pretax Margin % Related Terms

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MicroPort CardioFlow Medtech Business Description

Traded in Other Exchanges
Address
No. 1601 Zhangdong Road, Zhangjiang Hi-Tech Park, Pudong New District, Shanghai, CHN, 201203
MicroPort CardioFlow Medtech Corp is a medical device company in China focusing on the research, development, and commercialization of transcatheter and surgical solutions for valvular heart diseases. The company's product portfolio consists of three products VitaFlow, VitaFlow Liberty, and Alwide Plus, and various TAVI products, TMV products, TTV products, surgical valve products, and procedural accessories. Geographically, it derives a majority of its revenue from China.