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Shanghai Yongguan Adhesive Products (SHSE:603681) Pretax Margin % : 2.13% (As of Jun. 2024)


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What is Shanghai Yongguan Adhesive Products Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Shanghai Yongguan Adhesive Products's Pre-Tax Income for the three months ended in Jun. 2024 was ¥34 Mil. Shanghai Yongguan Adhesive Products's Revenue for the three months ended in Jun. 2024 was ¥1,580 Mil. Therefore, Shanghai Yongguan Adhesive Products's pretax margin for the quarter that ended in Jun. 2024 was 2.13%.

The historical rank and industry rank for Shanghai Yongguan Adhesive Products's Pretax Margin % or its related term are showing as below:

SHSE:603681' s Pretax Margin % Range Over the Past 10 Years
Min: 1.25   Med: 7.79   Max: 11.46
Current: 3.41


SHSE:603681's Pretax Margin % is ranked worse than
60.91% of 1540 companies
in the Chemicals industry
Industry Median: 5.77 vs SHSE:603681: 3.41

Shanghai Yongguan Adhesive Products Pretax Margin % Historical Data

The historical data trend for Shanghai Yongguan Adhesive Products'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.

Shanghai Yongguan Adhesive Products Pretax Margin % Chart

Shanghai Yongguan Adhesive Products 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 7.76 8.10 6.55 4.99 1.25

Shanghai Yongguan Adhesive Products Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -1.12 5.18 2.42 4.08 2.13

Competitive Comparison of Shanghai Yongguan Adhesive Products's Pretax Margin %

For the Specialty Chemicals subindustry, Shanghai Yongguan Adhesive Products'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.


Shanghai Yongguan Adhesive Products's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shanghai Yongguan Adhesive Products's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Shanghai Yongguan Adhesive Products's Pretax Margin % falls into.



Shanghai Yongguan Adhesive Products 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.

Shanghai Yongguan Adhesive Products'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 )
=68.007/5456.564
=1.25 %

Shanghai Yongguan Adhesive Products's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=33.651/1579.939
=2.13 %

* 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.


Shanghai Yongguan Adhesive Products  (SHSE:603681) 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.


Shanghai Yongguan Adhesive Products Pretax Margin % Related Terms

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Shanghai Yongguan Adhesive Products Business Description

Traded in Other Exchanges
N/A
Address
No. 15, Kanggong Road, Zhujiajiao Industrial Park, Qingpu District, Shanghai, CHN, 201713
Shanghai Yongguan Adhesive Products Corp Ltd is engaged in manufacturing of chemical raw materials and chemical.
Executives
Lv Xin Min Director
Yang De Bo Directors, senior managers
Cui Zhi Yong Supervisors
Shi Li Shan senior management

Shanghai Yongguan Adhesive Products Headlines

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