GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Western Superconducting Technologies Co Ltd (SHSE:688122) » Definitions » Pretax Margin %

Western Superconducting Technologies Co (SHSE:688122) Pretax Margin % : 27.75% (As of Sep. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Western Superconducting Technologies Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Western Superconducting Technologies Co's Pre-Tax Income for the three months ended in Sep. 2024 was ¥337 Mil. Western Superconducting Technologies Co's Revenue for the three months ended in Sep. 2024 was ¥1,215 Mil. Therefore, Western Superconducting Technologies Co's pretax margin for the quarter that ended in Sep. 2024 was 27.75%.

The historical rank and industry rank for Western Superconducting Technologies Co's Pretax Margin % or its related term are showing as below:

SHSE:688122' s Pretax Margin % Range Over the Past 10 Years
Min: 11.57   Med: 18.17   Max: 29.28
Current: 21.26


SHSE:688122's Pretax Margin % is ranked better than
91.19% of 2973 companies
in the Industrial Products industry
Industry Median: 6.37 vs SHSE:688122: 21.26

Western Superconducting Technologies Co Pretax Margin % Historical Data

The historical data trend for Western Superconducting Technologies 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.

Western Superconducting Technologies Co Pretax Margin % Chart

Western Superconducting Technologies 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 11.57 20.03 29.09 29.28 20.87

Western Superconducting Technologies Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 20.31 16.53 15.24 22.83 27.75

Competitive Comparison of Western Superconducting Technologies Co's Pretax Margin %

For the Metal Fabrication subindustry, Western Superconducting Technologies 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.


Western Superconducting Technologies Co's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Western Superconducting Technologies Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Western Superconducting Technologies Co's Pretax Margin % falls into.



Western Superconducting Technologies 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.

Western Superconducting Technologies 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 )
=868.145/4158.784
=20.87 %

Western Superconducting Technologies Co's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=337.124/1214.692
=27.75 %

* 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.


Western Superconducting Technologies Co  (SHSE:688122) 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.


Western Superconducting Technologies Co Pretax Margin % Related Terms

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


Western Superconducting Technologies Co Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Mingguang Road, Economic and Technological Development Zone, Shaanxi Province, Xi'an, CHN, 710018
Western Superconducting Technologies Co Ltd is engaged in the development, production and sales of high-end titanium alloy materials, superconducting products and high-performance superalloy materials. Geographically, the business presence of the group can be seen in both Chinese and international market.
Executives
Du Yu Xuan senior management
Li Kui Fang senior management
Zhou Tong Director
Guo Qiang Senior management, core technical personnel
Zhang Feng Shou Senior management, core technical personnel
Wang Kai Xuan Senior management, core technical personnel
Luo Wen Zhong Senior management, core technical personnel
He Yong Gang Senior management, core technical personnel

Western Superconducting Technologies Co Headlines

No Headlines