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Lingyi Itech (Guangdong) Co (SZSE:002600) Pretax Margin % : 5.90% (As of Mar. 2024)


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What is Lingyi Itech (Guangdong) Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Lingyi Itech (Guangdong) Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥578 Mil. Lingyi Itech (Guangdong) Co's Revenue for the three months ended in Mar. 2024 was ¥9,799 Mil. Therefore, Lingyi Itech (Guangdong) Co's pretax margin for the quarter that ended in Mar. 2024 was 5.90%.

The historical rank and industry rank for Lingyi Itech (Guangdong) Co's Pretax Margin % or its related term are showing as below:

SZSE:002600' s Pretax Margin % Range Over the Past 10 Years
Min: -2.81   Med: 4.69   Max: 20.77
Current: 6.61


SZSE:002600's Pretax Margin % is ranked better than
63.01% of 2463 companies
in the Hardware industry
Industry Median: 3.54 vs SZSE:002600: 6.61

Lingyi Itech (Guangdong) Co Pretax Margin % Historical Data

The historical data trend for Lingyi Itech (Guangdong) 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.

Lingyi Itech (Guangdong) Co Pretax Margin % Chart

Lingyi Itech (Guangdong) 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 9.21 8.65 3.57 5.80 7.39

Lingyi Itech (Guangdong) 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 9.32 8.81 9.04 3.08 5.90

Competitive Comparison of Lingyi Itech (Guangdong) Co's Pretax Margin %

For the Electronic Components subindustry, Lingyi Itech (Guangdong) 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.


Lingyi Itech (Guangdong) Co's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Lingyi Itech (Guangdong) Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Lingyi Itech (Guangdong) Co's Pretax Margin % falls into.



Lingyi Itech (Guangdong) 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.

Lingyi Itech (Guangdong) 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 )
=2521.467/34123.706
=7.39 %

Lingyi Itech (Guangdong) 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 )
=577.894/9799.269
=5.90 %

* 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.


Lingyi Itech (Guangdong) Co  (SZSE:002600) 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.


Lingyi Itech (Guangdong) Co Pretax Margin % Related Terms

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Lingyi Itech (Guangdong) Co (SZSE:002600) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Longwan Road, GuangDong Province, Jiangmen, CHN, 529000
Lingyi Itech (Guangdong) Co Ltd is a Chinese company that manufactures magnetic materials, precision components and modules, precision structural parts, liquid crystal display modules, capacitive touch screens, wire and cable, motors, trade logistics, and supply chain finance. Its products are used in consumer electronics, automotive control, smart security, smart wear, smart home, new materials, new energy vehicles and other fields.
Executives
Liu Jian Feng Supervisors
Fan Wei Supervisors
Tan Jun Director
Li Xue Hua Supervisors
Li Xiao Qing Executives
Cheng Xin Independent director
Chen Guo Shi Director
Cao Yun Director
Liu Ji Wen Supervisors
Li Zhong Xuan Independent director
Wang Yan Executives
Wang Nan Dong Directors, executives
Zhou Zhan Feng Directors, Directors, and Executives
Liu Gang Directors, executives
Wu Jie Directors, executives

Lingyi Itech (Guangdong) Co (SZSE:002600) Headlines

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