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Zhejiang Wansheng Co (SHSE:603010) Pretax Margin % : 6.51% (As of Sep. 2024)


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What is Zhejiang Wansheng Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Zhejiang Wansheng Co's Pre-Tax Income for the three months ended in Sep. 2024 was ¥48 Mil. Zhejiang Wansheng Co's Revenue for the three months ended in Sep. 2024 was ¥737 Mil. Therefore, Zhejiang Wansheng Co's pretax margin for the quarter that ended in Sep. 2024 was 6.51%.

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

SHSE:603010' s Pretax Margin % Range Over the Past 10 Years
Min: 5.24   Med: 10.28   Max: 23.2
Current: 5.24


SHSE:603010's Pretax Margin % is ranked worse than
51.53% of 1531 companies
in the Chemicals industry
Industry Median: 5.51 vs SHSE:603010: 5.24

Zhejiang Wansheng Co Pretax Margin % Historical Data

The historical data trend for Zhejiang Wansheng 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.

Zhejiang Wansheng Co Pretax Margin % Chart

Zhejiang Wansheng Co 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 8.94 19.10 23.20 11.61 7.14

Zhejiang Wansheng Co 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 7.50 2.45 7.61 4.38 6.51

Competitive Comparison of Zhejiang Wansheng Co's Pretax Margin %

For the Specialty Chemicals subindustry, Zhejiang Wansheng 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.


Zhejiang Wansheng Co's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Wansheng Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Zhejiang Wansheng Co's Pretax Margin % falls into.



Zhejiang Wansheng 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.

Zhejiang Wansheng 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 )
=203.436/2850.204
=7.14 %

Zhejiang Wansheng Co'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 )
=48.008/736.999
=6.51 %

* 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.


Zhejiang Wansheng Co  (SHSE:603010) 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.


Zhejiang Wansheng Co Pretax Margin % Related Terms

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Zhejiang Wansheng Co Business Description

Traded in Other Exchanges
N/A
Address
Liangshui Development Zone, No. 8, Jujing Road, Zhejiang Province, Linhai, CHN
Zhejiang Wansheng Co Ltd is a China-based chemical producer. The company is engaged in the manufacturing and sale of organic phosphorus-based flame retardants for rigid and flexible foam, special amines, and cardanol based curing agents and diluents. Its products are mainly used in the aerospace, automotive, electronics, construction, and furniture industry. The firm has a global presence and its products are exported to various countries and regions including the United States, Europe, South America, South Korea, Japan, and Southeast Asia.
Executives
Zhou San Chang Directors, senior managers
Gao Feng senior management
Zheng Yong Xiang senior management
Gao Xian Guo Director
Gong Wei Liang senior management
Jin Yi Ping senior management
Song Li Juan Director

Zhejiang Wansheng Co Headlines

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