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Xiamen Sunrise Group Co (SZSE:002593) Pretax Margin % : 2.42% (As of Jun. 2024)


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What is Xiamen Sunrise Group Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Xiamen Sunrise Group Co's Pre-Tax Income for the three months ended in Jun. 2024 was ¥19 Mil. Xiamen Sunrise Group Co's Revenue for the three months ended in Jun. 2024 was ¥797 Mil. Therefore, Xiamen Sunrise Group Co's pretax margin for the quarter that ended in Jun. 2024 was 2.42%.

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

SZSE:002593' s Pretax Margin % Range Over the Past 10 Years
Min: 1.11   Med: 3.24   Max: 6.02
Current: 1.56


SZSE:002593's Pretax Margin % is ranked worse than
70.33% of 1301 companies
in the Vehicles & Parts industry
Industry Median: 4.59 vs SZSE:002593: 1.56

Xiamen Sunrise Group Co Pretax Margin % Historical Data

The historical data trend for Xiamen Sunrise Group 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.

Xiamen Sunrise Group Co Pretax Margin % Chart

Xiamen Sunrise Group 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 3.59 2.99 2.75 1.11 1.64

Xiamen Sunrise Group Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3.25 1.00 -0.06 3.60 2.42

Competitive Comparison of Xiamen Sunrise Group Co's Pretax Margin %

For the Auto Parts subindustry, Xiamen Sunrise Group 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.


Xiamen Sunrise Group Co's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Xiamen Sunrise Group Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Xiamen Sunrise Group Co's Pretax Margin % falls into.



Xiamen Sunrise Group 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.

Xiamen Sunrise Group 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 )
=64.745/3950.868
=1.64 %

Xiamen Sunrise Group Co's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=19.275/797.058
=2.42 %

* 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.


Xiamen Sunrise Group Co  (SZSE:002593) 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.


Xiamen Sunrise Group Co Pretax Margin % Related Terms

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Xiamen Sunrise Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 30, Xinglin Xingbei Road, Fujian Province, Jimei District, Xiamen, CHN, 361022
Xiamen Sunrise Group Co Ltd is engaged in the research, development, production, and sales of metal products and automotive products. The products of the company include tubeless steel wheels, steel drums, and forged aluminium wheels.
Executives
Wu Xiao Hong Directors, executives
Wu Zi Wen Directors, executives
Chen Ming Li Supervisors
Lan Ri Jin Supervisors
Wu Zhi Liang Directors, executives
Zheng Yu Qing Executives
He Ai Ping Executives
Huang Xue Cheng Directors, executives
Zhong Bai An Directors, executives
Zhang Wen Qing Supervisors
Wang Yong Dong Director

Xiamen Sunrise Group Co Headlines

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