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Metallurgical of China (SHSE:601618) Pretax Margin % : 2.59% (As of Mar. 2024)


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What is Metallurgical of China Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Metallurgical of China's Pre-Tax Income for the three months ended in Mar. 2024 was ¥3,889 Mil. Metallurgical of China's Revenue for the three months ended in Mar. 2024 was ¥149,949 Mil. Therefore, Metallurgical of China's pretax margin for the quarter that ended in Mar. 2024 was 2.59%.

The historical rank and industry rank for Metallurgical of China's Pretax Margin % or its related term are showing as below:

SHSE:601618' s Pretax Margin % Range Over the Past 10 Years
Min: 1.93   Med: 3.05   Max: 3.68
Current: 1.93


SHSE:601618's Pretax Margin % is ranked worse than
66.02% of 1654 companies
in the Construction industry
Industry Median: 4.46 vs SHSE:601618: 1.93

Metallurgical of China Pretax Margin % Historical Data

The historical data trend for Metallurgical of China'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.

Metallurgical of China Pretax Margin % Chart

Metallurgical of China 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 2.89 2.98 2.80 2.60 2.17

Metallurgical of China 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 3.69 2.40 2.10 0.65 2.59

Competitive Comparison of Metallurgical of China's Pretax Margin %

For the Engineering & Construction subindustry, Metallurgical of China'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.


Metallurgical of China's Pretax Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Metallurgical of China's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Metallurgical of China's Pretax Margin % falls into.



Metallurgical of China 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.

Metallurgical of China'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 )
=13764.772/633870.422
=2.17 %

Metallurgical of China'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 )
=3888.801/149949.264
=2.59 %

* 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.


Metallurgical of China  (SHSE:601618) 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.


Metallurgical of China Pretax Margin % Related Terms

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Metallurgical of China (SHSE:601618) Business Description

Traded in Other Exchanges
Address
No. 28, Shuguang Xili, MCC Tower, Chaoyang DIstrict, Beijing, CHN, 100028
Metallurgical Corp of China Ltd is a metallurgical engineering and construction group operating primarily in China. The segments through which business is conducted are Engineering contracting business, the Property development business, Equipment Manufacturing business, the Resource development business, and Other businesses. It generates most revenues from the Engineering contracting business segment. Geographically, it derives most of its revenue from China.
Executives
Jing Tian Liang Director
Wang Xiu Feng senior management
Peng Hai Qing Supervisors
Huang Dan senior management
Shao Bo Supervisors
Li Shi Yu senior management
Kang Cheng Ye senior management
Wang Yong Guang senior management
Chen Yong Kuan Director
Zhang Zhao Xiang senior management
Shen He Ting Director
Guo Wen Qing Director
Han Zhang Lin Supervisors
Wang Wei Min Director

Metallurgical of China (SHSE:601618) Headlines

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