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Changchun High-Tech Industry (Group) Co (SZSE:000661) Pretax Margin % : 30.75% (As of Sep. 2024)


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What is Changchun High-Tech Industry (Group) Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Changchun High-Tech Industry (Group) Co's Pre-Tax Income for the three months ended in Sep. 2024 was ¥1,153 Mil. Changchun High-Tech Industry (Group) Co's Revenue for the three months ended in Sep. 2024 was ¥3,749 Mil. Therefore, Changchun High-Tech Industry (Group) Co's pretax margin for the quarter that ended in Sep. 2024 was 30.75%.

The historical rank and industry rank for Changchun High-Tech Industry (Group) Co's Pretax Margin % or its related term are showing as below:

SZSE:000661' s Pretax Margin % Range Over the Past 10 Years
Min: 23.26   Med: 35.04   Max: 45.63
Current: 31.27


SZSE:000661's Pretax Margin % is ranked better than
93.3% of 985 companies
in the Drug Manufacturers industry
Industry Median: 5.51 vs SZSE:000661: 31.27

Changchun High-Tech Industry (Group) Co Pretax Margin % Historical Data

The historical data trend for Changchun High-Tech Industry (Group) 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.

Changchun High-Tech Industry (Group) Co Pretax Margin % Chart

Changchun High-Tech Industry (Group) 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 38.24 45.63 42.96 39.00 37.83

Changchun High-Tech Industry (Group) Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 39.68 29.95 32.98 31.76 30.75

Competitive Comparison of Changchun High-Tech Industry (Group) Co's Pretax Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Changchun High-Tech Industry (Group) 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.


Changchun High-Tech Industry (Group) Co's Pretax Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Changchun High-Tech Industry (Group) Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Changchun High-Tech Industry (Group) Co's Pretax Margin % falls into.



Changchun High-Tech Industry (Group) 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.

Changchun High-Tech Industry (Group) 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 )
=5510.269/14566.04
=37.83 %

Changchun High-Tech Industry (Group) Co's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=1152.766/3749.167
=30.75 %

* 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.


Changchun High-Tech Industry (Group) Co  (SZSE:000661) 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.


Changchun High-Tech Industry (Group) Co Pretax Margin % Related Terms

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Changchun High-Tech Industry (Group) Co Business Description

Traded in Other Exchanges
N/A
Address
Intersection of Zhenyu Street and Dongweishan Road, 27th Floor, Building B, Hi-Tech Hairong Plaza, Jilin Province, Changchun, CHN, 130012
Changchun High-Tech Industry (Group) Co Ltd is engaged in the production and sales of biopharmaceuticals, Chinese patent medicine production, and real estate development.
Executives
Jiang Yun Tao Directors, executives
Wang Zhi Gang Directors, executives
Li Xiu Feng Executives
Zhu Xing Gong Executives
Li Shu Supervisors
Ye Peng Directors, executives
Jie Bing Supervisors
Liu Yong Chuan Supervisors
Li Hong Yu Secretary Dong
Ma Ji Director
Zhang De Shen Secretary Dong
Zhu Xian Chao Director
Zhao Shu Ping Supervisors
An Ji Xiang Directors, executives
Jin Lei Director

Changchun High-Tech Industry (Group) Co Headlines

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