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CICT Mobile Communication Technology Co (SHSE:688387) Pretax Margin % : -18.05% (As of Mar. 2024)


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What is CICT Mobile Communication Technology Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. CICT Mobile Communication Technology Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥-175 Mil. CICT Mobile Communication Technology Co's Revenue for the three months ended in Mar. 2024 was ¥969 Mil. Therefore, CICT Mobile Communication Technology Co's pretax margin for the quarter that ended in Mar. 2024 was -18.05%.

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

SHSE:688387' s Pretax Margin % Range Over the Past 10 Years
Min: -38.66   Med: -16.52   Max: -4.36
Current: -7.27


SHSE:688387's Pretax Margin % is ranked worse than
76.18% of 2464 companies
in the Hardware industry
Industry Median: 3.425 vs SHSE:688387: -7.27

CICT Mobile Communication Technology Co Pretax Margin % Historical Data

The historical data trend for CICT Mobile Communication 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.

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CICT Mobile Communication Technology Co Pretax Margin % Chart

CICT Mobile Communication Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -37.55 -38.66 -20.70 -9.32 -4.36

CICT Mobile Communication Technology Co Quarterly Data
Dec18 Dec19 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 1.86 -5.27 -7.51 -4.67 -18.05

Competitive Comparison of CICT Mobile Communication Technology Co's Pretax Margin %

For the Communication Equipment subindustry, CICT Mobile Communication 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.


CICT Mobile Communication Technology Co's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, CICT Mobile Communication Technology Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where CICT Mobile Communication Technology Co's Pretax Margin % falls into.



CICT Mobile Communication 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.

CICT Mobile Communication 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 )
=-342.369/7848.411
=-4.36 %

CICT Mobile Communication 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 )
=-174.91/969.025
=-18.05 %

* 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.


CICT Mobile Communication Technology Co  (SHSE:688387) 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.


CICT Mobile Communication Technology Co Pretax Margin % Related Terms

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CICT Mobile Communication Technology Co (SHSE:688387) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Post University Road, East Lake New Technology Development Zone, Hubei Province, Wuhan, CHN, 430074
CICT Mobile Communication Technology Co Ltd is engaged in the development, application and service of mobile communication technology.
Executives
Li Bing Cheng Director

CICT Mobile Communication Technology Co (SHSE:688387) Headlines

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