GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Yongyue Science & Technology Co Ltd (SHSE:603879) » Definitions » Pretax Margin %

Yongyue Science & Technology Co (SHSE:603879) Pretax Margin % : -23.18% (As of Mar. 2024)


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

What is Yongyue Science & Technology Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Yongyue Science & Technology Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥-15.0 Mil. Yongyue Science & Technology Co's Revenue for the three months ended in Mar. 2024 was ¥64.8 Mil. Therefore, Yongyue Science & Technology Co's pretax margin for the quarter that ended in Mar. 2024 was -23.18%.

The historical rank and industry rank for Yongyue Science & Technology Co's Pretax Margin % or its related term are showing as below:

SHSE:603879' s Pretax Margin % Range Over the Past 10 Years
Min: -25.85   Med: 6.68   Max: 10.14
Current: -25.85


SHSE:603879's Pretax Margin % is ranked worse than
93.05% of 1526 companies
in the Chemicals industry
Industry Median: 5.525 vs SHSE:603879: -25.85

Yongyue Science & Technology Co Pretax Margin % Historical Data

The historical data trend for Yongyue Science & Technology 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.

Yongyue Science & Technology Co Pretax Margin % Chart

Yongyue Science & Technology 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 6.46 1.15 1.09 -19.04 -24.15

Yongyue Science & Technology 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 -13.41 -18.15 -19.37 -39.97 -23.18

Competitive Comparison of Yongyue Science & Technology Co's Pretax Margin %

For the Specialty Chemicals subindustry, Yongyue Science & Technology 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.


Yongyue Science & Technology Co's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Yongyue Science & Technology Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Yongyue Science & Technology Co's Pretax Margin % falls into.



Yongyue Science & Technology 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.

Yongyue Science & Technology 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 )
=-81.546/337.716
=-24.15 %

Yongyue Science & Technology 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 )
=-15.011/64.758
=-23.18 %

* 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.


Yongyue Science & Technology Co  (SHSE:603879) 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.


Yongyue Science & Technology Co Pretax Margin % Related Terms

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


Yongyue Science & Technology Co (SHSE:603879) Business Description

Traded in Other Exchanges
N/A
Address
QuanHui petrochemical industrial park, NanXing village, WangChuan town, HuiAn county, FuJian province, QuanZhou, CHN, 362103
Yongyue Science & Technology Co Ltd is engaged in the development, production and sales of synthetic resins based on unsaturated polyester resins in China. Its main products include unsaturated polyester resins, polyurethanes and expandable polystyrene.
Executives
Xu Wei Da Director
Zhu Shui Bao Director
Jiang Jun Director
Dong Hao Director
Xu Cheng Feng Director
Chen Zhi Shan Directors, senior managers
Fu Shui Fa Director
Fu Wen Chang Director
Wang Qing Ren Supervisors
Wang Qing Chang Supervisors

Yongyue Science & Technology Co (SHSE:603879) Headlines

No Headlines