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LONGi Green Energy Technology Co (SHSE:601012) Pretax Margin % : 8.87% (As of Sep. 2023)


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What is LONGi Green Energy Technology Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. LONGi Green Energy Technology Co's Pre-Tax Income for the three months ended in Sep. 2023 was ¥2,611 Mil. LONGi Green Energy Technology Co's Revenue for the three months ended in Sep. 2023 was ¥29,448 Mil. Therefore, LONGi Green Energy Technology Co's pretax margin for the quarter that ended in Sep. 2023 was 8.87%.

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

SHSE:601012' s Pretax Margin % Range Over the Past 10 Years
Min: 4.08   Med: 12.88   Max: 24.55
Current: 12.35


SHSE:601012's Pretax Margin % is ranked better than
67.96% of 983 companies
in the Semiconductors industry
Industry Median: 4.82 vs SHSE:601012: 12.35

LONGi Green Energy Technology Co Pretax Margin % Historical Data

The historical data trend for LONGi Green Energy Technology 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.

LONGi Green Energy Technology Co Pretax Margin % Chart

LONGi Green Energy Technology Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.04 18.99 18.16 12.69 12.72

LONGi Green Energy Technology Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 13.86 9.22 13.89 17.60 8.87

Competitive Comparison of LONGi Green Energy Technology Co's Pretax Margin %

For the Semiconductor Equipment & Materials subindustry, LONGi Green Energy Technology 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.


LONGi Green Energy Technology Co's Pretax Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, LONGi Green Energy Technology Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where LONGi Green Energy Technology Co's Pretax Margin % falls into.



LONGi Green Energy Technology 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.

LONGi Green Energy Technology Co's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=16404.591/128998.112
=12.72 %

LONGi Green Energy Technology Co's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=2610.653/29447.759
=8.87 %

* 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.


LONGi Green Energy Technology Co  (SHSE:601012) 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.


LONGi Green Energy Technology Co Pretax Margin % Related Terms

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LONGi Green Energy Technology Co (SHSE:601012) Business Description

Traded in Other Exchanges
N/A
Address
Innovation Incubation Center Block B, Shangji Road 8989 Xi'an Service Outsourcing Industrial Park, Xi'an Economic and Technological Development Zone, Xian, CHN, 710018
LONGi Green Energy Technology is the largest integrated solar company in the world. It produced 85.9 gigawatts of solar silicon wafers and 48.2 GW of solar modules in 2022, both the most globally. Solar silicon wafer and solar module contributed 30% and 66% of revenue in 2022, respectively. LONGi's production bases are mostly in China. LONGi's products are sold in more than 150 countries and regions.

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