The historical rank and industry rank for Rendong Holdings Co's Pretax Margin % or its related term are showing as below:
SZSE:002647'
s Pretax Margin % Range Over the Past 10 Years
Min: -19.84 Med: -1.46 Max: 5.86
Current: -15.32
SZSE:002647's Pretax Margin % is ranked worse than 66.97% of 109
companies
in the Diversified Financial Services industry
Industry Median: 7.05
vs SZSE:002647: -15.32
Rendong Holdings Co Pretax Margin % Historical Data
The historical data trend for Rendong Holdings 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.
Competitive Comparison of Rendong Holdings Co's Pretax Margin %
For the Financial Conglomerates subindustry, Rendong Holdings 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.
Rendong Holdings Co's Pretax Margin % Distribution in the Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Rendong Holdings Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Rendong Holdings Co's Pretax Margin % falls into.
Rendong Holdings 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.
Rendong Holdings Co's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Rendong Holdings Co (SZSE:002647) 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.
Rendong Holdings Co Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Rendong Holdings Co's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Rendong Holdings Co Ltd operates in the financial services industry. It is organized into three main businesses: third-party payment, commercial factoring, and supply chain management. Its third-party payment related business develops, operates and maintains payment systems and clearing platform system; clearing of trading funds, generation and management of the master key of UnionPay card acceptance terminal. The commercial factoring business is mainly engaged in the insurance agency business. The company's supply chain management business focuses on supply chain management and supply chain financial services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SZSE:002647 has been successfully added to your 