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Huafon Chemical Co (SZSE:002064) Pretax Margin % : 11.46% (As of Mar. 2024)


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What is Huafon Chemical Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Huafon Chemical Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥763 Mil. Huafon Chemical Co's Revenue for the three months ended in Mar. 2024 was ¥6,657 Mil. Therefore, Huafon Chemical Co's pretax margin for the quarter that ended in Mar. 2024 was 11.46%.

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

SZSE:002064' s Pretax Margin % Range Over the Past 10 Years
Min: -9.86   Med: 13.52   Max: 32.28
Current: 10


SZSE:002064's Pretax Margin % is ranked better than
67.56% of 1526 companies
in the Chemicals industry
Industry Median: 5.525 vs SZSE:002064: 10.00

Huafon Chemical Co Pretax Margin % Historical Data

The historical data trend for Huafon Chemical 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.

Huafon Chemical Co Pretax Margin % Chart

Huafon Chemical 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 15.08 17.75 32.28 12.29 9.96

Huafon Chemical 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 11.39 12.26 9.02 7.38 11.46

Competitive Comparison of Huafon Chemical Co's Pretax Margin %

For the Specialty Chemicals subindustry, Huafon Chemical 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.


Huafon Chemical Co's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Huafon Chemical Co's Pretax Margin % distribution charts can be found below:

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



Huafon Chemical 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.

Huafon Chemical 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 )
=2618.873/26298.461
=9.96 %

Huafon Chemical 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 )
=763.076/6656.787
=11.46 %

* 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.


Huafon Chemical Co  (SZSE:002064) 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.


Huafon Chemical Co Pretax Margin % Related Terms

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Huafon Chemical Co (SZSE:002064) Business Description

Traded in Other Exchanges
N/A
Address
Xincheng Town Industrial Park, Zhejiang Province, Ruian, CHN, 325200
Huafon Chemical Co Ltd is a China-based company engaged in the production sales of spandex fiber, polyurethane stock solution and refined adipic acid.
Executives
Li Yi Lun Secretary, Director
Pan Ji Chu Directors, executives
Yu Zhi Li Executives
Xu Ning Executives
Xi Qing Executives
You Xiao Ping Director
Xu Shu Yuan Executives
Lin Jian Yi Director
Zhuo Rui Mian Supervisors
Chen Lin Zhen Director
You Jin Ming Supervisors
Yang Qing Wen Director
Yang Cong Deng Directors, executives
Duan Wei Dong Supervisors

Huafon Chemical Co (SZSE:002064) Headlines

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