Fortune Valley Treasures (Fortune Valley Treasures) Pretax Margin % : -373.51% (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Fortune Valley Treasures Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Fortune Valley Treasures's Pre-Tax Income for the three months ended in Mar. 2024 was $-1.00 Mil. Fortune Valley Treasures's Revenue for the three months ended in Mar. 2024 was $0.27 Mil. Therefore, Fortune Valley Treasures's pretax margin for the quarter that ended in Mar. 2024 was -373.51%.

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

FVTI' s Pretax Margin % Range Over the Past 10 Years
Min: -276.04 Med: -82.63 Max: 27.57
Current: -179.86

FVTI's Pretax Margin % is ranked worse than
97.2% of 214 companies
in the Beverages - Alcoholic industry
Industry Median: 8.31 vs FVTI: -179.86

Fortune Valley Treasures Pretax Margin % Historical Data

The historical data trend for Fortune Valley Treasures'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.

Fortune Valley Treasures Pretax Margin % Chart

Fortune Valley Treasures Annual Data

Trend

Aug15

Aug16

Aug17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

Get a 7-Day Free Trial

-137.45

-66.72

27.57

-21.33

-98.54

Fortune Valley Treasures Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pretax Margin %	Get a 7-Day Free Trial															-0.86	-33.23	-134.62	-599.76	-373.51

Competitive Comparison of Fortune Valley Treasures's Pretax Margin %

For the Beverages - Wineries & Distilleries subindustry, Fortune Valley Treasures'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.

Fortune Valley Treasures's Pretax Margin % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fortune Valley Treasures's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Fortune Valley Treasures's Pretax Margin % falls into.

Fortune Valley Treasures 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.

Fortune Valley Treasures'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 )
	=	-4.175	/	4.237
	=	-98.54 %

Fortune Valley Treasures's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	-1.001	/	0.268
	=	-373.51 %

Fortune Valley Treasures (OTCPK:FVTI) 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.

Fortune Valley Treasures Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Fortune Valley Treasures's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Fortune Valley Treasures (Fortune Valley Treasures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Fortune Valley Treasures Inc (OTCPK:FVTI) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 139 Liansheng Road, B1601 Oriental Impression Building 2, Humen Town, Dongguan, Guangdong, CHN, 523900

Website

http://www.fvti.show

Fortune Valley Treasures Inc is engaged in operations of wholesale distribution and retail sales of food and beverage products in the People's Republic of China. The company is into acquiring businesses that are in the food, beverage, and alcohol industries. Its products include a variety of wines, such as dry red wine, dry white wine, rose wine, and sweet wine, and other products. Its products are sold to retailers, such as wine shops, convenience stores, and supermarkets.

Executives

Kaihong Lin	director, officer: CFO, Treasurer, Director	NO. 10 OF TUANJIE 2ND ROAD, BEICE, HUMEN, DONGGUAN, GUANGDONG F4 518000
Xinlong Shen	director, officer: CEO, CFO	19F, LIANHE TOWER, 1069 NANHAI AVE,, NANSHAN DISTRICT, SHENZHEN F4 518000

Fortune Valley Treasures (Fortune Valley Treasures) Headlines

No Headlines