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Liuzhou Iron & Steel Co (SHSE:601003) Pretax Margin % : -3.97% (As of Sep. 2024)


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What is Liuzhou Iron & Steel Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Liuzhou Iron & Steel Co's Pre-Tax Income for the three months ended in Sep. 2024 was ¥-607 Mil. Liuzhou Iron & Steel Co's Revenue for the three months ended in Sep. 2024 was ¥15,272 Mil. Therefore, Liuzhou Iron & Steel Co's pretax margin for the quarter that ended in Sep. 2024 was -3.97%.

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

SHSE:601003' s Pretax Margin % Range Over the Past 10 Years
Min: -5.23   Med: 1.68   Max: 11.37
Current: -1.41


SHSE:601003's Pretax Margin % is ranked worse than
79.38% of 616 companies
in the Steel industry
Industry Median: 3.06 vs SHSE:601003: -1.41

Liuzhou Iron & Steel Co Pretax Margin % Historical Data

The historical data trend for Liuzhou Iron & Steel 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.

Liuzhou Iron & Steel Co Pretax Margin % Chart

Liuzhou Iron & Steel 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 5.45 3.44 2.52 -5.23 -1.89

Liuzhou Iron & Steel Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -3.21 -2.31 0.19 0.14 -3.97

Competitive Comparison of Liuzhou Iron & Steel Co's Pretax Margin %

For the Steel subindustry, Liuzhou Iron & Steel 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.


Liuzhou Iron & Steel Co's Pretax Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Liuzhou Iron & Steel Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Liuzhou Iron & Steel Co's Pretax Margin % falls into.



Liuzhou Iron & Steel 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.

Liuzhou Iron & Steel 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 )
=-1502.622/79664.571
=-1.89 %

Liuzhou Iron & Steel Co's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-606.888/15272.178
=-3.97 %

* 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.


Liuzhou Iron & Steel Co  (SHSE:601003) 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.


Liuzhou Iron & Steel Co Pretax Margin % Related Terms

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Liuzhou Iron & Steel Co Business Description

Traded in Other Exchanges
N/A
Address
No. 117 Beique Road, Liuzhou, Guangxi, CHN, 545002
Liuzhou Iron & Steel Co Ltd is a China-based steel company. It is engaged in the manufacturing of iron and steel. The company specializes in producing value-added plate, rebar, wire, channel steel, round steel, angle steel, ship plate, boilerplate and die steel. The company also exports its products to Asia, Japan, South Korea and Europe.
Executives
Xiong Xiao Ming Directors, senior managers
Wang Wen Hui Director
Ruan Zhi Yong Supervisors
Luo Hai Yan Director

Liuzhou Iron & Steel Co Headlines

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