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China Mengniu Dairy Co (STU:EZQ) Pretax Margin % : 6.94% (As of Jun. 2024)


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What is China Mengniu Dairy Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. China Mengniu Dairy Co's Pre-Tax Income for the six months ended in Jun. 2024 was €397 Mil. China Mengniu Dairy Co's Revenue for the six months ended in Jun. 2024 was €5,720 Mil. Therefore, China Mengniu Dairy Co's pretax margin for the quarter that ended in Jun. 2024 was 6.94%.

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

STU:EZQ' s Pretax Margin % Range Over the Past 10 Years
Min: -0.86   Med: 6.24   Max: 7.09
Current: 6.19


STU:EZQ's Pretax Margin % is ranked better than
58.08% of 1882 companies
in the Consumer Packaged Goods industry
Industry Median: 4.64 vs STU:EZQ: 6.19

China Mengniu Dairy Co Pretax Margin % Historical Data

The historical data trend for China Mengniu Dairy 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.

China Mengniu Dairy Co Pretax Margin % Chart

China Mengniu Dairy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.09 5.46 6.66 7.02 6.40

China Mengniu Dairy Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 8.69 5.25 7.24 5.49 6.94

Competitive Comparison of China Mengniu Dairy Co's Pretax Margin %

For the Packaged Foods subindustry, China Mengniu Dairy 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.


China Mengniu Dairy Co's Pretax Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Mengniu Dairy Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where China Mengniu Dairy Co's Pretax Margin % falls into.



China Mengniu Dairy 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.

China Mengniu Dairy 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 )
=810.66/12666.066
=6.40 %

China Mengniu Dairy 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 )
=397.263/5720.277
=6.94 %

* 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.


China Mengniu Dairy Co  (STU:EZQ) 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.


China Mengniu Dairy Co Pretax Margin % Related Terms

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China Mengniu Dairy Co Business Description

Traded in Other Exchanges
Address
262 Gloucester Road, Causeway Bay, 32nd Floor, COFCO Tower, Hong Kong, HKG
China Mengniu Dairy is China's second-largest dairy producer by market share. The company produces a broad range of dairy products including liquid milk, yogurt, ice cream, milk formula, and cheese. Liquid milk, composed of milk, milk beverages, and yogurt, contributed close to 80% of Mengniu's revenue in 2022. Flagship lineups include Deluxe, Mengniu Pure Milk, Just Yoghurt and Yoyi C. Mengniu also owns two infant formula brands, Yashili and Bellamy, as well as Milkground, a cheese brand.

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