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Sichuan Meifeng Chemical Industry Co (SZSE:000731) Pretax Margin % : 10.58% (As of Mar. 2024)


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What is Sichuan Meifeng Chemical Industry Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sichuan Meifeng Chemical Industry Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥91 Mil. Sichuan Meifeng Chemical Industry Co's Revenue for the three months ended in Mar. 2024 was ¥862 Mil. Therefore, Sichuan Meifeng Chemical Industry Co's pretax margin for the quarter that ended in Mar. 2024 was 10.58%.

The historical rank and industry rank for Sichuan Meifeng Chemical Industry Co's Pretax Margin % or its related term are showing as below:

SZSE:000731' s Pretax Margin % Range Over the Past 10 Years
Min: -10.47   Med: 5.46   Max: 18.11
Current: 9.84


SZSE:000731's Pretax Margin % is ranked better than
69.42% of 242 companies
in the Agriculture industry
Industry Median: 4.85 vs SZSE:000731: 9.84

Sichuan Meifeng Chemical Industry Co Pretax Margin % Historical Data

The historical data trend for Sichuan Meifeng Chemical Industry 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.

Sichuan Meifeng Chemical Industry Co Pretax Margin % Chart

Sichuan Meifeng Chemical Industry 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 3.44 3.85 18.11 17.64 11.94

Sichuan Meifeng Chemical Industry 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 17.67 9.92 8.35 10.60 10.58

Competitive Comparison of Sichuan Meifeng Chemical Industry Co's Pretax Margin %

For the Agricultural Inputs subindustry, Sichuan Meifeng Chemical Industry 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.


Sichuan Meifeng Chemical Industry Co's Pretax Margin % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Sichuan Meifeng Chemical Industry Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Sichuan Meifeng Chemical Industry Co's Pretax Margin % falls into.



Sichuan Meifeng Chemical Industry 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.

Sichuan Meifeng Chemical Industry 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 )
=498.476/4174.126
=11.94 %

Sichuan Meifeng Chemical Industry 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 )
=91.128/861.535
=10.58 %

* 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.


Sichuan Meifeng Chemical Industry Co  (SZSE:000731) 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.


Sichuan Meifeng Chemical Industry Co Pretax Margin % Related Terms

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Sichuan Meifeng Chemical Industry Co (SZSE:000731) Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Section 1, Yuhua South Road, Sichuan Province, Deyang, CHN
Sichuan Meifeng Chemical Industry Co Ltd is a China-based chemical production enterprise. The chemical products offered by the company are urea, compound fertilizer, melamine, diesel exhaust gas treatment, nitric acid, ammonium nitrate, plastic-woven products and heavy-duty film packaging bags. Geographically operates through China.
Executives
Liu Zhi Gang Supervisors
Chen Rong Jiang Supervisors
Zhang Xiao Bin Director
Deng Da Lin Director
Liao Zhi Jun Supervisors
Cai Xing Fu Executives
Mao Kai Gui Supervisors
Fu Yong Director
Dong Wen De Supervisors
Chen Ping Directors, executives
Min Long Gang Director
Ding Wen Yi Supervisors
Liao Yong Fang Supervisors
Yang Jiu Yi Supervisors

Sichuan Meifeng Chemical Industry Co (SZSE:000731) Headlines

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