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Xiangyu Medical Co (SHSE:688626) Pretax Margin % : 11.19% (As of Jun. 2024)


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What is Xiangyu Medical Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Xiangyu Medical Co's Pre-Tax Income for the three months ended in Jun. 2024 was ¥18.9 Mil. Xiangyu Medical Co's Revenue for the three months ended in Jun. 2024 was ¥168.8 Mil. Therefore, Xiangyu Medical Co's pretax margin for the quarter that ended in Jun. 2024 was 11.19%.

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

SHSE:688626' s Pretax Margin % Range Over the Past 10 Years
Min: 25.58   Med: 32.76   Max: 44.96
Current: 25.58


SHSE:688626's Pretax Margin % is ranked better than
90.21% of 827 companies
in the Medical Devices & Instruments industry
Industry Median: -0.52 vs SHSE:688626: 25.58

Xiangyu Medical Co Pretax Margin % Historical Data

The historical data trend for Xiangyu Medical 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.

Xiangyu Medical Co Pretax Margin % Chart

Xiangyu Medical Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 34.49 44.96 42.54 27.22 32.76

Xiangyu Medical Co 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 36.36 34.83 28.61 24.97 11.19

Competitive Comparison of Xiangyu Medical Co's Pretax Margin %

For the Medical Devices subindustry, Xiangyu Medical 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.


Xiangyu Medical Co's Pretax Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Xiangyu Medical Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Xiangyu Medical Co's Pretax Margin % falls into.



Xiangyu Medical 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.

Xiangyu Medical 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 )
=244.031/744.81
=32.76 %

Xiangyu Medical Co'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 )
=18.89/168.762
=11.19 %

* 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.


Xiangyu Medical Co  (SHSE:688626) 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.


Xiangyu Medical Co Pretax Margin % Related Terms

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Xiangyu Medical Co Business Description

Traded in Other Exchanges
N/A
Address
Middle Section of Dixu Avenue, Neihuang County, Henan Province, Anyang, CHN, 456300
Xiangyu Medical Co Ltd is engaged in independent research and development, production and sales of intelligent rehabilitation equipment in the fields of pain rehabilitation, neurorehabilitation, orthopedics rehabilitation, postpartum rehabilitation, and medical care integration. The company's products are divided into three categories: rehabilitation assessment, rehabilitation training, and rehabilitation physiotherapy.
Executives
He Yong Zheng Director, core technical staff

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