GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » China Rare Earth Resources & Technology Co Ltd (SZSE:000831) » Definitions » Pretax Margin %

China Rare Earth Resources & Technology Co (SZSE:000831) Pretax Margin % : -120.89% (As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is China Rare Earth Resources & Technology Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. China Rare Earth Resources & Technology Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥-365 Mil. China Rare Earth Resources & Technology Co's Revenue for the three months ended in Mar. 2024 was ¥302 Mil. Therefore, China Rare Earth Resources & Technology Co's pretax margin for the quarter that ended in Mar. 2024 was -120.89%.

The historical rank and industry rank for China Rare Earth Resources & Technology Co's Pretax Margin % or its related term are showing as below:

SZSE:000831' s Pretax Margin % Range Over the Past 10 Years
Min: -98.07   Med: 11.21   Max: 23.78
Current: 2.21


SZSE:000831's Pretax Margin % is ranked worse than
66.17% of 1531 companies
in the Chemicals industry
Industry Median: 5.45 vs SZSE:000831: 2.21

China Rare Earth Resources & Technology Co Pretax Margin % Historical Data

The historical data trend for China Rare Earth Resources & Technology 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 Rare Earth Resources & Technology Co Pretax Margin % Chart

China Rare Earth Resources & Technology 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 6.40 18.81 8.63 23.78 13.78

China Rare Earth Resources & Technology 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 7.61 -15.66 12.18 42.48 -120.89

Competitive Comparison of China Rare Earth Resources & Technology Co's Pretax Margin %

For the Specialty Chemicals subindustry, China Rare Earth Resources & Technology 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 Rare Earth Resources & Technology Co's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, China Rare Earth Resources & Technology Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where China Rare Earth Resources & Technology Co's Pretax Margin % falls into.



China Rare Earth Resources & Technology 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 Rare Earth Resources & Technology 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 )
=549.5/3988.31
=13.78 %

China Rare Earth Resources & Technology 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 )
=-364.551/301.556
=-120.89 %

* 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 Rare Earth Resources & Technology Co  (SZSE:000831) 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 Rare Earth Resources & Technology Co Pretax Margin % Related Terms

Thank you for viewing the detailed overview of China Rare Earth Resources & Technology Co's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


China Rare Earth Resources & Technology Co (SZSE:000831) Business Description

Traded in Other Exchanges
N/A
Address
No. 18 Zhangjiang South Avenue, 15th Floor, Building A, Haode Ginza, Zhanggong District, Jiangxi Province, Ganzhou, CHN, 341000
China Rare Earth Resources & Technology Co Ltd is principally engaged in the production and sales of rare earth oxides. It is mainly engaged in the operation and trade of rare earth oxides, rare earth metals and rare earth deep processing products, as well as rare earth technology research and development and consulting services. The company's leading product include high-purity single rare earth oxides and rare earth co-precipitate products. Geographically activities are carried out through China.

China Rare Earth Resources & Technology Co (SZSE:000831) Headlines

No Headlines