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Shandong Liancheng Precision Manufacturing Co (SZSE:002921) Pretax Margin % : -1.33% (As of Dec. 2023)


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What is Shandong Liancheng Precision Manufacturing Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Shandong Liancheng Precision Manufacturing Co's Pre-Tax Income for the three months ended in Dec. 2023 was ¥-3 Mil. Shandong Liancheng Precision Manufacturing Co's Revenue for the three months ended in Dec. 2023 was ¥255 Mil. Therefore, Shandong Liancheng Precision Manufacturing Co's pretax margin for the quarter that ended in Dec. 2023 was -1.33%.

The historical rank and industry rank for Shandong Liancheng Precision Manufacturing Co's Pretax Margin % or its related term are showing as below:

SZSE:002921' s Pretax Margin % Range Over the Past 10 Years
Min: 1.05   Med: 8.76   Max: 12.23
Current: 1.05


SZSE:002921's Pretax Margin % is ranked worse than
73.88% of 2971 companies
in the Industrial Products industry
Industry Median: 6.52 vs SZSE:002921: 1.05

Shandong Liancheng Precision Manufacturing Co Pretax Margin % Historical Data

The historical data trend for Shandong Liancheng Precision Manufacturing 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.

Shandong Liancheng Precision Manufacturing Co Pretax Margin % Chart

Shandong Liancheng Precision Manufacturing 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 7.05 9.67 7.60 4.08 1.05

Shandong Liancheng Precision Manufacturing Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.23 0.05 0.48 5.07 -1.33

Competitive Comparison of Shandong Liancheng Precision Manufacturing Co's Pretax Margin %

For the Metal Fabrication subindustry, Shandong Liancheng Precision Manufacturing 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.


Shandong Liancheng Precision Manufacturing Co's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shandong Liancheng Precision Manufacturing Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Shandong Liancheng Precision Manufacturing Co's Pretax Margin % falls into.



Shandong Liancheng Precision Manufacturing 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.

Shandong Liancheng Precision Manufacturing 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 )
=11.605/1104.002
=1.05 %

Shandong Liancheng Precision Manufacturing Co's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-3.4/254.848
=-1.33 %

* 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.


Shandong Liancheng Precision Manufacturing Co  (SZSE:002921) 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.


Shandong Liancheng Precision Manufacturing Co Pretax Margin % Related Terms

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Shandong Liancheng Precision Manufacturing Co (SZSE:002921) Business Description

Traded in Other Exchanges
N/A
Address
6 Chuangye Road, Economic Development Zone, Yanzhou, CHN, 272100
Shandong Liancheng Precision Manufacturing Co Ltd is a China-based company, engages in the development, design, production, and sales of precision castings, such as high-strength ductile iron and aluminum alloy castings. Its main products are automobile pump shell, frame, flange, damping wheel/ring, oil pump shell and others. Its products are used in passenger cars, commercial vehicles, diesel engines, construction machinery, commercial compressors, hydraulic machinery and other industries or fields.

Shandong Liancheng Precision Manufacturing Co (SZSE:002921) Headlines

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