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Jiangsu Riying Electronics Co (SHSE:603286) Pretax Margin % : 3.68% (As of Mar. 2024)


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What is Jiangsu Riying Electronics Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Jiangsu Riying Electronics Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥7.2 Mil. Jiangsu Riying Electronics Co's Revenue for the three months ended in Mar. 2024 was ¥196.2 Mil. Therefore, Jiangsu Riying Electronics Co's pretax margin for the quarter that ended in Mar. 2024 was 3.68%.

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

SHSE:603286' s Pretax Margin % Range Over the Past 10 Years
Min: -2.82   Med: 6.58   Max: 20.77
Current: 1.79


SHSE:603286's Pretax Margin % is ranked worse than
68.99% of 1290 companies
in the Vehicles & Parts industry
Industry Median: 4.545 vs SHSE:603286: 1.79

Jiangsu Riying Electronics Co Pretax Margin % Historical Data

The historical data trend for Jiangsu Riying Electronics 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 Riying Electronics Co Pretax Margin % Chart

Jiangsu Riying Electronics 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 6.20 3.90 2.67 -2.82 1.19

Jiangsu Riying Electronics 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 1.25 1.23 0.61 1.87 3.68

Competitive Comparison of Jiangsu Riying Electronics Co's Pretax Margin %

For the Auto Parts subindustry, Jiangsu Riying Electronics 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 Riying Electronics Co's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Jiangsu Riying Electronics Co's Pretax Margin % distribution charts can be found below:

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



Jiangsu Riying Electronics 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 Riying Electronics 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 )
=9.059/761.921
=1.19 %

Jiangsu Riying Electronics 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 )
=7.211/196.165
=3.68 %

* 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 Riying Electronics Co  (SHSE:603286) 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 Riying Electronics Co Pretax Margin % Related Terms

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Jiangsu Riying Electronics Co (SHSE:603286) Business Description

Traded in Other Exchanges
N/A
Address
Hengshan Bridge Fangmao Village, Wujin District, Jiangsu Province, Changzhou City, CHN, 213119
Jiangsu Riying Electronics Co Ltd is engaged in the development of automotive and motorcycle related products and other related solutions in China. Its products mainly include automotive cleaning systems, precision injection molded parts, automotive electronics, automotive wiring harnesses and high voltage distribution boxes, ambient lights, and new energy chain.
Executives
Shi Rong Zhu Director
Jin Zhen Hua senior management
Ji Xian Wei senior management
Han Ya Wei Director
Lu Peng Director

Jiangsu Riying Electronics Co (SHSE:603286) Headlines

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