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Wuhan Yifi Laser (SHSE:688646) Pretax Margin % : 12.18% (As of Mar. 2024)


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What is Wuhan Yifi Laser Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Wuhan Yifi Laser's Pre-Tax Income for the three months ended in Mar. 2024 was ¥14.5 Mil. Wuhan Yifi Laser's Revenue for the three months ended in Mar. 2024 was ¥119.4 Mil. Therefore, Wuhan Yifi Laser's pretax margin for the quarter that ended in Mar. 2024 was 12.18%.

The historical rank and industry rank for Wuhan Yifi Laser's Pretax Margin % or its related term are showing as below:

SHSE:688646' s Pretax Margin % Range Over the Past 10 Years
Min: -18.92   Med: 11.12   Max: 18.38
Current: 15.85


SHSE:688646's Pretax Margin % is ranked better than
82.31% of 2967 companies
in the Industrial Products industry
Industry Median: 6.55 vs SHSE:688646: 15.85

Wuhan Yifi Laser Pretax Margin % Historical Data

The historical data trend for Wuhan Yifi Laser'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.

Wuhan Yifi Laser Pretax Margin % Chart

Wuhan Yifi Laser Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-18.92 5.55 11.12 18.38 14.80

Wuhan Yifi Laser Quarterly Data
Dec19 Dec20 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 5.62 14.69 8.90 23.23 12.18

Competitive Comparison of Wuhan Yifi Laser's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Wuhan Yifi Laser'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.


Wuhan Yifi Laser's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuhan Yifi Laser's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Wuhan Yifi Laser's Pretax Margin % falls into.



Wuhan Yifi Laser 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.

Wuhan Yifi Laser'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 )
=103.22/697.203
=14.80 %

Wuhan Yifi Laser'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 )
=14.549/119.448
=12.18 %

* 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.


Wuhan Yifi Laser  (SHSE:688646) 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.


Wuhan Yifi Laser Pretax Margin % Related Terms

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Wuhan Yifi Laser (SHSE:688646) Business Description

Traded in Other Exchanges
N/A
Address
No. 999 Gaoxin Avenue, Room 1101, Building C1, Phase I, Longshan Innovation Park, Wuhan Future Science and Technology City, East Lake High-tech Development Zone, Hubei, Wuhan, CHN, 430000
Wuhan Yifi Laser Corp Ltd is engaged in Research and development, design, production and sales of precision laser processing intelligent equipment.

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