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Zhejiang Shuangyuan Technology Co (SHSE:688623) Pretax Margin % : 17.87% (As of Sep. 2024)


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What is Zhejiang Shuangyuan Technology Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Zhejiang Shuangyuan Technology Co's Pre-Tax Income for the three months ended in Sep. 2024 was ¥19.0 Mil. Zhejiang Shuangyuan Technology Co's Revenue for the three months ended in Sep. 2024 was ¥106.1 Mil. Therefore, Zhejiang Shuangyuan Technology Co's pretax margin for the quarter that ended in Sep. 2024 was 17.87%.

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

SHSE:688623' s Pretax Margin % Range Over the Past 10 Years
Min: 20.56   Med: 28.84   Max: 35.45
Current: 29.15


SHSE:688623's Pretax Margin % is ranked better than
96.68% of 2983 companies
in the Industrial Products industry
Industry Median: 6.48 vs SHSE:688623: 29.15

Zhejiang Shuangyuan Technology Co Pretax Margin % Historical Data

The historical data trend for Zhejiang Shuangyuan 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.

Zhejiang Shuangyuan Technology Co Pretax Margin % Chart

Zhejiang Shuangyuan Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
20.56 28.84 25.00 29.37 35.45

Zhejiang Shuangyuan Technology Co Quarterly Data
Dec19 Dec20 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 42.93 38.30 31.79 31.96 17.87

Competitive Comparison of Zhejiang Shuangyuan Technology Co's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Zhejiang Shuangyuan 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.


Zhejiang Shuangyuan Technology Co's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Shuangyuan Technology Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Zhejiang Shuangyuan Technology Co's Pretax Margin % falls into.


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Zhejiang Shuangyuan 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.

Zhejiang Shuangyuan 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 )
=152.168/429.212
=35.45 %

Zhejiang Shuangyuan Technology 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 )
=18.968/106.131
=17.87 %

* 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.


Zhejiang Shuangyuan Technology Co  (SHSE:688623) 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.


Zhejiang Shuangyuan Technology Co Pretax Margin % Related Terms

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Zhejiang Shuangyuan Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1418, Moganshan Road, Building 41-2, Zhejiang Shuangyuan Technology Building, Zhejiang Province, Hangzhou, CHN, 310015
Zhejiang Shuangyuan Technology Co Ltd is specialized in the research and development of online automatic measurement and control of product quality in the production process and machine vision application technology. The company mainly produces product quality automatic measurement and control systems and machine vision inspection systems, which are widely used in many industries such as new energy, metal foil materials, medical hygiene materials, films, non-woven fabric hygiene materials, papermaking, and food. worldwide.

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