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CRRC (SHSE:601766) Pretax Margin % : 7.06% (As of Sep. 2024)


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What is CRRC Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. CRRC's Pre-Tax Income for the three months ended in Sep. 2024 was ¥4,413 Mil. CRRC's Revenue for the three months ended in Sep. 2024 was ¥62,544 Mil. Therefore, CRRC's pretax margin for the quarter that ended in Sep. 2024 was 7.06%.

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

SHSE:601766' s Pretax Margin % Range Over the Past 10 Years
Min: 6.09   Med: 7.04   Max: 7.43
Current: 7.43


SHSE:601766's Pretax Margin % is ranked better than
51.4% of 963 companies
in the Transportation industry
Industry Median: 7.16 vs SHSE:601766: 7.43

CRRC Pretax Margin % Historical Data

The historical data trend for CRRC'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.

CRRC Pretax Margin % Chart

CRRC 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 7.25 7.02 6.09 7.23 6.99

CRRC 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 7.09 7.76 6.13 8.03 7.06

Competitive Comparison of CRRC's Pretax Margin %

For the Railroads subindustry, CRRC'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.


CRRC's Pretax Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, CRRC's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where CRRC's Pretax Margin % falls into.



CRRC 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.

CRRC'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 )
=16373.001/234261.514
=6.99 %

CRRC'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 )
=4412.92/62543.5
=7.06 %

* 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.


CRRC  (SHSE:601766) 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.


CRRC Pretax Margin % Related Terms

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CRRC Business Description

Traded in Other Exchanges
Address
No. 16-5, Central West Fourth Ring Road, Haidian District, Beijing, CHN, 100036
CRRC Corp Ltd is engaged in research and development, design, manufacturing, refurbishment, sales, leasing and technical services of railway locomotives, MUs, urban rail transit vehicles, engineering machinery, various electromechanical equipment, electronic equipment and components, as well as electronic devices and environmental protection equipment; information consultation; industry investment and management; asset management; import and export business. Its business operations are spread across Mainland China which derives the highest revenue, and a few other countries.
Executives
Dai De Ming Director
Zhao Ji Bin Director
Zhang Jun Director
Qiu Wei Supervisors
Wang Yan Supervisors
Zheng Chang Hong Director
Tang Ke Lin Director
Zhao Xiao Gang Director
Fu Jian Guo senior management
Chen Yong Kuan Director
Yang Yu Zhong Director
Liu Hua Long Director
Shao Ren Qiang senior management
Zhan Yan Jing senior management
Cai Da Wei Director

CRRC Headlines

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