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Xinjiang Baodi Mining Co (SHSE:601121) Pretax Margin % : 38.21% (As of Jun. 2024)


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What is Xinjiang Baodi Mining Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Xinjiang Baodi Mining Co's Pre-Tax Income for the three months ended in Jun. 2024 was ¥130 Mil. Xinjiang Baodi Mining Co's Revenue for the three months ended in Jun. 2024 was ¥339 Mil. Therefore, Xinjiang Baodi Mining Co's pretax margin for the quarter that ended in Jun. 2024 was 38.21%.

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

SHSE:601121' s Pretax Margin % Range Over the Past 10 Years
Min: 8.48   Med: 31   Max: 37.9
Current: 34.71


SHSE:601121's Pretax Margin % is ranked better than
92.03% of 866 companies
in the Metals & Mining industry
Industry Median: 1.07 vs SHSE:601121: 34.71

Xinjiang Baodi Mining Co Pretax Margin % Historical Data

The historical data trend for Xinjiang Baodi Mining 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.

Xinjiang Baodi Mining Co Pretax Margin % Chart

Xinjiang Baodi Mining Co Annual Data
Trend Dec12 Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 22.25 30.24 37.90 33.62 31.00

Xinjiang Baodi Mining Co Quarterly Data
Dec12 Dec13 Dec14 Dec18 Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 27.89 62.11 14.88 33.31 38.21

Competitive Comparison of Xinjiang Baodi Mining Co's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, Xinjiang Baodi Mining 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.


Xinjiang Baodi Mining Co's Pretax Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Xinjiang Baodi Mining Co's Pretax Margin % distribution charts can be found below:

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



Xinjiang Baodi Mining 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.

Xinjiang Baodi Mining 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 )
=268.479/866.183
=31.00 %

Xinjiang Baodi Mining Co's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=129.661/339.358
=38.21 %

* 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.


Xinjiang Baodi Mining Co  (SHSE:601121) 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.


Xinjiang Baodi Mining Co Pretax Margin % Related Terms

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Xinjiang Baodi Mining Co Business Description

Traded in Other Exchanges
N/A
Address
No. 390 Karamay East Street, Floor 15, Shenzhen City Building, Shayibak District, Xinjiang Uygur Autonomous Region, Urumqi, CHN, 830000
Website
Xinjiang Baodi Mining Co Ltd is engaged in the Iron ore mining, mineral processing and iron concentrate sales.

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