Universal Scientific Industrial (Shanghai) Co (SHSE:601231) Pretax Margin % : 2.89% (As of Mar. 2024)

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What is Universal Scientific Industrial (Shanghai) Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Universal Scientific Industrial (Shanghai) Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥390 Mil. Universal Scientific Industrial (Shanghai) Co's Revenue for the three months ended in Mar. 2024 was ¥13,492 Mil. Therefore, Universal Scientific Industrial (Shanghai) Co's pretax margin for the quarter that ended in Mar. 2024 was 2.89%.

The historical rank and industry rank for Universal Scientific Industrial (Shanghai) Co's Pretax Margin % or its related term are showing as below:

SHSE:601231' s Pretax Margin % Range Over the Past 10 Years
Min: 3.09 Med: 4.15 Max: 5.27
Current: 3.71

SHSE:601231's Pretax Margin % is ranked better than
50.61% of 2462 companies
in the Hardware industry
Industry Median: 3.55 vs SHSE:601231: 3.71

Universal Scientific Industrial (Shanghai) Co Pretax Margin % Historical Data

The historical data trend for Universal Scientific Industrial (Shanghai) 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.

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Universal Scientific Industrial (Shanghai) Co Pretax Margin % Chart

Universal Scientific Industrial (Shanghai) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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3.85

4.14

3.87

5.08

3.60

Universal Scientific Industrial (Shanghai) 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															2.35	4.02	4.20	3.65	2.89

Competitive Comparison of Universal Scientific Industrial (Shanghai) Co's Pretax Margin %

For the Electronic Components subindustry, Universal Scientific Industrial (Shanghai) 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.

Universal Scientific Industrial (Shanghai) Co's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Universal Scientific Industrial (Shanghai) Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Universal Scientific Industrial (Shanghai) Co's Pretax Margin % falls into.

Universal Scientific Industrial (Shanghai) 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.

Universal Scientific Industrial (Shanghai) 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 )
	=	2189.688	/	60791.91
	=	3.60 %

Universal Scientific Industrial (Shanghai) 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 )
	=	389.748	/	13491.929
	=	2.89 %

Universal Scientific Industrial (Shanghai) Co (SHSE:601231) 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.

Universal Scientific Industrial (Shanghai) Co Pretax Margin % Related Terms

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Universal Scientific Industrial (Shanghai) Co (SHSE:601231) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Universal Scientific Industrial (Shanghai) Co Ltd (SHSE:601231) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 1558, Zhangdong Road, Zhangjiang Hi-Tech Park, Integrated Circuit Industrial Zone, Shanghai, CHN, 201203

Website

http://www.usish.com

Universal Scientific Industrial (Shanghai) Co Ltd provides design, miniaturization, material sourcing, manufacturing, logistics, and after services of electronic devices and modules for brand owners. It mainly focuses on manufacturing electronic parts including wireless communications products, flat LCD display components, and storage products. The company's sales service network exists in North America, Europe, Japan, China, Taiwan, and manufacturing sites in China, Taiwan, Korea and Mexico.

Executives

Shi Jin Peng	senior management
Wei Zhen Yan	Directors, senior managers
Liu Dan Yang	senior management
Chen Feng Da	senior management
Lin Da Yi	senior management
Chen Chang Yi	Directors, senior managers
You Jia Xiong	senior management
Lin Yue Ming	senior management

Universal Scientific Industrial (Shanghai) Co (SHSE:601231) Headlines

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