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Dazhong Mining Co (SZSE:001203) Pretax Margin % : 24.24% (As of Sep. 2024)


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What is Dazhong Mining Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Dazhong Mining Co's Pre-Tax Income for the three months ended in Sep. 2024 was ¥243 Mil. Dazhong Mining Co's Revenue for the three months ended in Sep. 2024 was ¥1,004 Mil. Therefore, Dazhong Mining Co's pretax margin for the quarter that ended in Sep. 2024 was 24.24%.

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

SZSE:001203' s Pretax Margin % Range Over the Past 10 Years
Min: 11.32   Med: 23.52   Max: 39.03
Current: 27.5


SZSE:001203's Pretax Margin % is ranked better than
94.81% of 616 companies
in the Steel industry
Industry Median: 3.04 vs SZSE:001203: 27.50

Dazhong Mining Co Pretax Margin % Historical Data

The historical data trend for Dazhong Mining 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.

Dazhong Mining Co Pretax Margin % Chart

Dazhong Mining Co Annual Data
Trend Dec11 Dec12 Dec13 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.48 27.56 39.03 30.13 32.85

Dazhong Mining 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 34.87 30.55 30.54 24.58 24.24

Competitive Comparison of Dazhong Mining Co's Pretax Margin %

For the Steel subindustry, Dazhong Mining 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.


Dazhong Mining Co's Pretax Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Dazhong Mining Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Dazhong Mining Co's Pretax Margin % falls into.


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Dazhong Mining 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.

Dazhong Mining 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 )
=1315.301/4003.457
=32.85 %

Dazhong Mining 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 )
=243.387/1004.043
=24.24 %

* 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.


Dazhong Mining Co  (SZSE:001203) 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.


Dazhong Mining Co Pretax Margin % Related Terms

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Dazhong Mining Co Business Description

Traded in Other Exchanges
N/A
Address
Xiao Shetai Secretary Gou, Urad Front Banner, Inner Mongolia Autonomous Region, Bayannaoer, CHN, 014030
Dazhong Mining Co Ltd is mainly engaged in iron ore mining and dressing, the production and sales of iron concentrate powder and pellets, and the processing and sales of machine-made sand and gravel. The main products are iron powder, pellets, and machine-made sand and gravel.
Executives
Lin Pu Zheng Secretary Dong
Zhang Jie Executives
Lin Pu Sheng Directors, executives
Wu Jiang Hai Executives

Dazhong Mining Co Headlines

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