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Suzhou Secote Precision Electronic Co (SHSE:603283) Pretax Margin % : 15.65% (As of Mar. 2024)


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What is Suzhou Secote Precision Electronic Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Suzhou Secote Precision Electronic Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥121 Mil. Suzhou Secote Precision Electronic Co's Revenue for the three months ended in Mar. 2024 was ¥774 Mil. Therefore, Suzhou Secote Precision Electronic Co's pretax margin for the quarter that ended in Mar. 2024 was 15.65%.

The historical rank and industry rank for Suzhou Secote Precision Electronic Co's Pretax Margin % or its related term are showing as below:

SHSE:603283' s Pretax Margin % Range Over the Past 10 Years
Min: 8.55   Med: 14.03   Max: 40.63
Current: 18.74


SHSE:603283's Pretax Margin % is ranked better than
88.04% of 2961 companies
in the Industrial Products industry
Industry Median: 6.53 vs SHSE:603283: 18.74

Suzhou Secote Precision Electronic Co Pretax Margin % Historical Data

The historical data trend for Suzhou Secote Precision Electronic 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.

Suzhou Secote Precision Electronic Co Pretax Margin % Chart

Suzhou Secote Precision Electronic 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 11.81 9.82 8.55 12.00 18.06

Suzhou Secote Precision Electronic 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 11.15 5.45 27.61 19.14 15.65

Competitive Comparison of Suzhou Secote Precision Electronic Co's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Suzhou Secote Precision Electronic 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.


Suzhou Secote Precision Electronic Co's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Suzhou Secote Precision Electronic Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Suzhou Secote Precision Electronic Co's Pretax Margin % falls into.



Suzhou Secote Precision Electronic 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.

Suzhou Secote Precision Electronic 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 )
=802.959/4446.16
=18.06 %

Suzhou Secote Precision Electronic 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 )
=121.162/774.027
=15.65 %

* 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.


Suzhou Secote Precision Electronic Co  (SHSE:603283) 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.


Suzhou Secote Precision Electronic Co Pretax Margin % Related Terms

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Suzhou Secote Precision Electronic Co (SHSE:603283) Business Description

Traded in Other Exchanges
N/A
Address
No.4 South Dongwu Road, Wuzhong, Suzhou, CHN, 215168
Suzhou Secote Precision Electronic Co Ltd is engaged in the provision of automation solutions. Secote offers technical consultancy, feasibility studies, data experimentation, system design, programming, system integration, installation and tuning, and other services. The company also provides measurement and detection equipment and fixtures. Secote's products are widely used in the consumer electronics, automotive, medical, household appliance, apparel and personal care, food service, and cosmetics industries.
Executives
Yang Wei Director
Director
Chen Xiang Bing Director
Li San Bao Director
Zhao Jian Hua Directors, senior managers
Huang Yuan Yuan senior management
Wang Yong Director
Sun Feng Directors, senior managers
Bie Yuan Feng Supervisors
Sun Quan Supervisors
Lou Hong Wei Director
Liu Yan Wei senior management
Ceng Hui Director
Fu Kai Qiang Director
Liu Hong Ning senior management

Suzhou Secote Precision Electronic Co (SHSE:603283) Headlines

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