GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Hangzhou Freely Communication Co Ltd (SHSE:603602) » Definitions » Pretax Margin %

Hangzhou Freely Communication Co (SHSE:603602) Pretax Margin % : 2.60% (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Hangzhou Freely Communication Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hangzhou Freely Communication Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥11 Mil. Hangzhou Freely Communication Co's Revenue for the three months ended in Mar. 2024 was ¥409 Mil. Therefore, Hangzhou Freely Communication Co's pretax margin for the quarter that ended in Mar. 2024 was 2.60%.

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

SHSE:603602' s Pretax Margin % Range Over the Past 10 Years
Min: -0.27   Med: 6.27   Max: 17.03
Current: 3.4


SHSE:603602's Pretax Margin % is ranked worse than
60.42% of 379 companies
in the Telecommunication Services industry
Industry Median: 5.81 vs SHSE:603602: 3.40

Hangzhou Freely Communication Co Pretax Margin % Historical Data

The historical data trend for Hangzhou Freely Communication 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.

Hangzhou Freely Communication Co Pretax Margin % Chart

Hangzhou Freely Communication 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 3.99 -0.27 1.55 1.72 2.49

Hangzhou Freely Communication 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 -3.90 5.58 5.22 1.30 2.60

Competitive Comparison of Hangzhou Freely Communication Co's Pretax Margin %

For the Telecom Services subindustry, Hangzhou Freely Communication 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.


Hangzhou Freely Communication Co's Pretax Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Hangzhou Freely Communication Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Hangzhou Freely Communication Co's Pretax Margin % falls into.



Hangzhou Freely Communication 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.

Hangzhou Freely Communication 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 )
=33.874/1358.596
=2.49 %

Hangzhou Freely Communication 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 )
=10.64/409.134
=2.60 %

* 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.


Hangzhou Freely Communication Co  (SHSE:603602) 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.


Hangzhou Freely Communication Co Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Hangzhou Freely Communication Co's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Hangzhou Freely Communication Co (SHSE:603602) Business Description

Traded in Other Exchanges
N/A
Address
No. 459, Momo Road, 24th Floor, Block B, Concentration Center, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310012
Hangzhou Freely Communication Co Ltd is a communication network technology service provider. It is mainly engaged in communication extension network construction, communication network generation and communication network optimization. The company's service portfolio consists of base station installation engineering services, indoor distribution system technical services, integrated access technology services and network generation services.
Executives
Wu Hai Tao Director
Wei Shi Chao Director
Lin Ai Hua Director
Su Wei Feng Director
Zhu Jin Long Director
Pu Shu Director
Jia Li Ming Director
Wu Jian Min Supervisors

Hangzhou Freely Communication Co (SHSE:603602) Headlines

No Headlines