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Caihong Display Devices Co (SHSE:600707) Pretax Margin % : 9.51% (As of Mar. 2024)


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What is Caihong Display Devices Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Caihong Display Devices Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥277 Mil. Caihong Display Devices Co's Revenue for the three months ended in Mar. 2024 was ¥2,914 Mil. Therefore, Caihong Display Devices Co's pretax margin for the quarter that ended in Mar. 2024 was 9.51%.

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

SHSE:600707' s Pretax Margin % Range Over the Past 10 Years
Min: -717.12   Med: 1.63   Max: 20.05
Current: 11.56


SHSE:600707's Pretax Margin % is ranked better than
78.62% of 2465 companies
in the Hardware industry
Industry Median: 3.36 vs SHSE:600707: 11.56

Caihong Display Devices Co Pretax Margin % Historical Data

The historical data trend for Caihong Display Devices 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.

Caihong Display Devices Co Pretax Margin % Chart

Caihong Display Devices 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 0.81 -8.80 20.05 -28.99 5.78

Caihong Display Devices 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 -20.39 6.43 17.17 12.38 9.51

Competitive Comparison of Caihong Display Devices Co's Pretax Margin %

For the Electronic Components subindustry, Caihong Display Devices 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.


Caihong Display Devices Co's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Caihong Display Devices Co's Pretax Margin % distribution charts can be found below:

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



Caihong Display Devices 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.

Caihong Display Devices 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 )
=662.424/11465.453
=5.78 %

Caihong Display Devices 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 )
=277.176/2914.335
=9.51 %

* 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.


Caihong Display Devices Co  (SHSE:600707) 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.


Caihong Display Devices Co Pretax Margin % Related Terms

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Caihong Display Devices Co (SHSE:600707) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Caihong Road, Xianyang, Shanxi, CHN, 712021
Caihong Display Devices Co Ltd is engaged in the research and development of new energy photovoltaic glass. Its operations include construction and operation of solar power plants; production and sales of solar photovoltaic glass, tempered glass, coated glass, conductive film glass, flat glass, and vacuum glass; production and sales of solar cell chip, solar cell module, and their auxiliary products as well as silicon materials; solar photovoltaic power generation related business; and other products. The majority of its revenue comes from China.

Caihong Display Devices Co (SHSE:600707) Headlines

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