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Wuxi Double Elephant Micro Fibre Material Co (SZSE:002395) Pretax Margin % : 5.96% (As of Sep. 2024)


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What is Wuxi Double Elephant Micro Fibre Material Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Wuxi Double Elephant Micro Fibre Material Co's Pre-Tax Income for the three months ended in Sep. 2024 was ¥37 Mil. Wuxi Double Elephant Micro Fibre Material Co's Revenue for the three months ended in Sep. 2024 was ¥622 Mil. Therefore, Wuxi Double Elephant Micro Fibre Material Co's pretax margin for the quarter that ended in Sep. 2024 was 5.96%.

The historical rank and industry rank for Wuxi Double Elephant Micro Fibre Material Co's Pretax Margin % or its related term are showing as below:

SZSE:002395' s Pretax Margin % Range Over the Past 10 Years
Min: -3.56   Med: 3.21   Max: 5.96
Current: 5.11


SZSE:002395's Pretax Margin % is ranked better than
57.1% of 1042 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.745 vs SZSE:002395: 5.11

Wuxi Double Elephant Micro Fibre Material Co Pretax Margin % Historical Data

The historical data trend for Wuxi Double Elephant Micro Fibre Material 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.

Wuxi Double Elephant Micro Fibre Material Co Pretax Margin % Chart

Wuxi Double Elephant Micro Fibre Material 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 2.36 3.47 3.71 -3.56 4.08

Wuxi Double Elephant Micro Fibre Material 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 3.14 2.37 5.29 6.03 5.96

Competitive Comparison of Wuxi Double Elephant Micro Fibre Material Co's Pretax Margin %

For the Footwear & Accessories subindustry, Wuxi Double Elephant Micro Fibre Material 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.


Wuxi Double Elephant Micro Fibre Material Co's Pretax Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wuxi Double Elephant Micro Fibre Material Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Wuxi Double Elephant Micro Fibre Material Co's Pretax Margin % falls into.



Wuxi Double Elephant Micro Fibre Material 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.

Wuxi Double Elephant Micro Fibre Material 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 )
=61.633/1510.746
=4.08 %

Wuxi Double Elephant Micro Fibre Material 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 )
=37.081/622.016
=5.96 %

* 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.


Wuxi Double Elephant Micro Fibre Material Co  (SZSE:002395) 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.


Wuxi Double Elephant Micro Fibre Material Co Pretax Margin % Related Terms

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Wuxi Double Elephant Micro Fibre Material Co Business Description

Traded in Other Exchanges
N/A
Address
No.188, Houzhai Middle Road, Hongshan Street, Xinwu District, Jiangsu Province, Wuxi, CHN
Wuxi Double Elephant Micro Fibre Material Co Ltd operates in the synthetic leather industry. The company is engaged in the production and supply of PVC artificial leather products. The products of the company include microfiber ultra-real leather, PVC artificial leather, and PU synthetic leather.
Executives
Wang Hao Director
Wang Chun Long Director

Wuxi Double Elephant Micro Fibre Material Co Headlines

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