GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tande Co Ltd (SHSE:600665) » Definitions » Pretax Margin %

Tande Co (SHSE:600665) Pretax Margin % : -29.52% (As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Tande Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Tande Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥-103 Mil. Tande Co's Revenue for the three months ended in Mar. 2024 was ¥350 Mil. Therefore, Tande Co's pretax margin for the quarter that ended in Mar. 2024 was -29.52%.

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

SHSE:600665' s Pretax Margin % Range Over the Past 10 Years
Min: -3.05   Med: 8.96   Max: 12.76
Current: -3.05


SHSE:600665's Pretax Margin % is ranked worse than
68.67% of 1778 companies
in the Real Estate industry
Industry Median: 8.73 vs SHSE:600665: -3.05

Tande Co Pretax Margin % Historical Data

The historical data trend for Tande 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.

Tande Co Pretax Margin % Chart

Tande Co 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 12.76 8.54 8.43 10.11 -0.64

Tande Co 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 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 Premium Member Only 2.75 0.55 -10.31 -2.09 -29.52

Competitive Comparison of Tande Co's Pretax Margin %

For the Real Estate Services subindustry, Tande 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.


Tande Co's Pretax Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tande Co's Pretax Margin % distribution charts can be found below:

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



Tande 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.

Tande 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 )
=-73.321/11525.977
=-0.64 %

Tande Co'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 )
=-103.429/350.413
=-29.52 %

* 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.


Tande Co  (SHSE:600665) 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.


Tande Co Pretax Margin % Related Terms

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


Tande Co (SHSE:600665) Business Description

Traded in Other Exchanges
N/A
Address
No. 33, Science and Technology Road, 27th Floor, Digital Building, Gaoxin International Business Center, High-tech Industrial Development Zone, Xi'an, CHN, 710075
Tande Co Ltd is engaged in real estate development and commodity housing distribution in China.

Tande Co (SHSE:600665) Headlines

No Headlines