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Guoguang Electric Co Chengdu (SHSE:688776) Pretax Margin % : 21.26% (As of Mar. 2024)


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What is Guoguang Electric Co Chengdu Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Guoguang Electric Co Chengdu's Pre-Tax Income for the three months ended in Mar. 2024 was ¥33.8 Mil. Guoguang Electric Co Chengdu's Revenue for the three months ended in Mar. 2024 was ¥159.2 Mil. Therefore, Guoguang Electric Co Chengdu's pretax margin for the quarter that ended in Mar. 2024 was 21.26%.

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

SHSE:688776' s Pretax Margin % Range Over the Past 10 Years
Min: 8.07   Med: 13.68   Max: 32.41
Current: 15.06


SHSE:688776's Pretax Margin % is ranked better than
80.47% of 2975 companies
in the Industrial Products industry
Industry Median: 6.53 vs SHSE:688776: 15.06

Guoguang Electric Co Chengdu Pretax Margin % Historical Data

The historical data trend for Guoguang Electric Co Chengdu'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.

Guoguang Electric Co Chengdu Pretax Margin % Chart

Guoguang Electric Co Chengdu Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 13.68 24.80 32.41 20.44 13.57

Guoguang Electric Co Chengdu Quarterly Data
Dec17 Dec18 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.30 12.05 5.61 21.95 21.26

Competitive Comparison of Guoguang Electric Co Chengdu's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Guoguang Electric Co Chengdu'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.


Guoguang Electric Co Chengdu's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guoguang Electric Co Chengdu's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Guoguang Electric Co Chengdu's Pretax Margin % falls into.



Guoguang Electric Co Chengdu 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.

Guoguang Electric Co Chengdu'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 )
=101.147/745.449
=13.57 %

Guoguang Electric Co Chengdu'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 )
=33.842/159.182
=21.26 %

* 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.


Guoguang Electric Co Chengdu  (SHSE:688776) 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.


Guoguang Electric Co Chengdu Pretax Margin % Related Terms

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Guoguang Electric Co Chengdu (SHSE:688776) Business Description

Traded in Other Exchanges
N/A
Address
No.117 Xingguang West Road, Chengdu Economic and Technological Development Zone, Sichuan Province, Chengdu, CHN, 610100
Guoguang Electric Co Ltd Chengdu is engaged in the research and development, production and sales of vacuum and microwave application products.

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