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Jiangsu Maysta Chemical Co (SHSE:603041) Pretax Margin % : 24.24% (As of Mar. 2024)


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What is Jiangsu Maysta Chemical Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Jiangsu Maysta Chemical Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥35.6 Mil. Jiangsu Maysta Chemical Co's Revenue for the three months ended in Mar. 2024 was ¥146.9 Mil. Therefore, Jiangsu Maysta Chemical Co's pretax margin for the quarter that ended in Mar. 2024 was 24.24%.

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

SHSE:603041' s Pretax Margin % Range Over the Past 10 Years
Min: 14.44   Med: 25.19   Max: 33.12
Current: 25.83


SHSE:603041's Pretax Margin % is ranked better than
93.79% of 1529 companies
in the Chemicals industry
Industry Median: 5.45 vs SHSE:603041: 25.83

Jiangsu Maysta Chemical Co Pretax Margin % Historical Data

The historical data trend for Jiangsu Maysta Chemical 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.

Jiangsu Maysta Chemical Co Pretax Margin % Chart

Jiangsu Maysta Chemical 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 24.66 33.12 14.44 18.01 25.71

Jiangsu Maysta Chemical 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 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 23.38 25.76 24.46 29.30 24.24

Competitive Comparison of Jiangsu Maysta Chemical Co's Pretax Margin %

For the Specialty Chemicals subindustry, Jiangsu Maysta Chemical 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.


Jiangsu Maysta Chemical Co's Pretax Margin % Distribution in the Chemicals Industry

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

* The bar in red indicates where Jiangsu Maysta Chemical Co's Pretax Margin % falls into.



Jiangsu Maysta Chemical 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.

Jiangsu Maysta Chemical 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 )
=128.785/501.006
=25.71 %

Jiangsu Maysta Chemical 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 )
=35.597/146.879
=24.24 %

* 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.


Jiangsu Maysta Chemical Co  (SHSE:603041) 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.


Jiangsu Maysta Chemical Co Pretax Margin % Related Terms

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Jiangsu Maysta Chemical Co (SHSE:603041) Business Description

Traded in Other Exchanges
N/A
Address
No.18,Xingjian Road, Economic and Technical Development Zone, Nanjing, CHN, 210046
Jiangsu Maysta Chemical Co Ltd is mainly engaged in the research and development, production and sales of organosilicon surfactant in China. Its products portfolio includes Silicone Surfactants for rigid, flexible, and phenolic foams, polyurethane foams and shoe soles, and oil displacement.

Jiangsu Maysta Chemical Co (SHSE:603041) Headlines

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