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Tangshan Jidong Cement Co (SZSE:000401) Pretax Margin % : -39.07% (As of Mar. 2024)


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What is Tangshan Jidong Cement Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Tangshan Jidong Cement Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥-1,305 Mil. Tangshan Jidong Cement Co's Revenue for the three months ended in Mar. 2024 was ¥3,341 Mil. Therefore, Tangshan Jidong Cement Co's pretax margin for the quarter that ended in Mar. 2024 was -39.07%.

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

SZSE:000401' s Pretax Margin % Range Over the Past 10 Years
Min: -15.62   Med: 5.46   Max: 19.03
Current: -8.38


SZSE:000401's Pretax Margin % is ranked worse than
85.3% of 381 companies
in the Building Materials industry
Industry Median: 7.37 vs SZSE:000401: -8.38

Tangshan Jidong Cement Co Pretax Margin % Historical Data

The historical data trend for Tangshan Jidong Cement 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.

Tangshan Jidong Cement Co Pretax Margin % Chart

Tangshan Jidong Cement 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 18.12 19.03 14.61 5.27 -6.73

Tangshan Jidong Cement Co Quarterly Data
Jun19 Sep19 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 -19.20 5.13 0.51 -24.15 -39.07

Competitive Comparison of Tangshan Jidong Cement Co's Pretax Margin %

For the Building Materials subindustry, Tangshan Jidong Cement 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.


Tangshan Jidong Cement Co's Pretax Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tangshan Jidong Cement Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Tangshan Jidong Cement Co's Pretax Margin % falls into.



Tangshan Jidong Cement 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.

Tangshan Jidong Cement 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 )
=-1900.943/28235.147
=-6.73 %

Tangshan Jidong Cement Co'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 )
=-1305.298/3340.72
=-39.07 %

* 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.


Tangshan Jidong Cement Co  (SZSE:000401) 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.


Tangshan Jidong Cement Co Pretax Margin % Related Terms

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Tangshan Jidong Cement Co (SZSE:000401) Business Description

Traded in Other Exchanges
N/A
Address
Linyin Road, Fengrun District, Hebei Province, Tangshan, CHN, 064000
Tangshan Jidong Cement Co Ltd is a China-based company engages in the manufacturing and selling of cement and clinker. Its products and services include English and American standard Portland cement, road Portland cement, slag Portland cement, and compound cement as well as logistics services. Its products are mainly used in the civil engineering, hydraulic construction, national defense and other projects.

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