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Henan Hengxing Science & Technology Co (SZSE:002132) Pretax Margin % : 0.68% (As of Sep. 2024)


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What is Henan Hengxing Science & Technology Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Henan Hengxing Science & Technology Co's Pre-Tax Income for the three months ended in Sep. 2024 was ¥8 Mil. Henan Hengxing Science & Technology Co's Revenue for the three months ended in Sep. 2024 was ¥1,236 Mil. Therefore, Henan Hengxing Science & Technology Co's pretax margin for the quarter that ended in Sep. 2024 was 0.68%.

The historical rank and industry rank for Henan Hengxing Science & Technology Co's Pretax Margin % or its related term are showing as below:

SZSE:002132' s Pretax Margin % Range Over the Past 10 Years
Min: -7.51   Med: 2.96   Max: 6.56
Current: 0.26


SZSE:002132's Pretax Margin % is ranked worse than
69.64% of 616 companies
in the Steel industry
Industry Median: 3.06 vs SZSE:002132: 0.26

Henan Hengxing Science & Technology Co Pretax Margin % Historical Data

The historical data trend for Henan Hengxing Science & 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.

Henan Hengxing Science & Technology Co Pretax Margin % Chart

Henan Hengxing Science & 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 2.81 5.15 4.26 4.77 0.95

Henan Hengxing Science & Technology 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 1.71 -0.36 -0.32 0.94 0.68

Competitive Comparison of Henan Hengxing Science & Technology Co's Pretax Margin %

For the Steel subindustry, Henan Hengxing Science & 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.


Henan Hengxing Science & Technology Co's Pretax Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Henan Hengxing Science & Technology Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Henan Hengxing Science & Technology Co's Pretax Margin % falls into.



Henan Hengxing Science & 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.

Henan Hengxing Science & 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 )
=43.675/4577.327
=0.95 %

Henan Hengxing Science & Technology 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 )
=8.458/1236.249
=0.68 %

* 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.


Henan Hengxing Science & Technology Co  (SZSE:002132) 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.


Henan Hengxing Science & Technology Co Pretax Margin % Related Terms

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Henan Hengxing Science & Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 121 Yiluo North Road, Gongyi, Henan, CHN, 451251
Henan Hengxing Science & Technology Co Ltd is engaged in the production of steel in China. The company mainly produces steel cords, hose steel wires, ultra-fine steel wires, galvanized and alloy coated steel wires, steel strands and PC steel strands for radial tires. Its products are widely used in automobile tires, rubber hoses, power cables, overhead power lines, high-speed railways, ports, and silicon wafer cutting for photovoltaic solar energy.
Executives
Li Ming Directors, executives
Xu Hui Jing Directors, executives
Xie Bao Wan Director
Xie Bao Jian Executives
Zhang Yun Hong Directors, executives
Xie Xiao Long Directors, executives
Xie Jin Bao Executives
Zhao Wen Juan Directors, executives
Bai Zhong Xiang Independent director
Xie Bao Jun Director
Chen Bing Zhang Director
Tan Shi Hong Supervisors
Li Bao Jie Executives
Jiao Yao Zhong Directors, executives
Xie Fu Qiang Director

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