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Beijing Beimo High Tech Frictional Material Co (SZSE:002985) Pretax Margin % : -7.80% (As of Jun. 2024)


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What is Beijing Beimo High Tech Frictional Material Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Beijing Beimo High Tech Frictional Material Co's Pre-Tax Income for the three months ended in Jun. 2024 was ¥-8.2 Mil. Beijing Beimo High Tech Frictional Material Co's Revenue for the three months ended in Jun. 2024 was ¥104.7 Mil. Therefore, Beijing Beimo High Tech Frictional Material Co's pretax margin for the quarter that ended in Jun. 2024 was -7.80%.

The historical rank and industry rank for Beijing Beimo High Tech Frictional Material Co's Pretax Margin % or its related term are showing as below:

SZSE:002985' s Pretax Margin % Range Over the Past 10 Years
Min: 8.24   Med: 46.22   Max: 59.93
Current: 8.24


SZSE:002985's Pretax Margin % is ranked better than
63.31% of 308 companies
in the Aerospace & Defense industry
Industry Median: 5.31 vs SZSE:002985: 8.24

Beijing Beimo High Tech Frictional Material Co Pretax Margin % Historical Data

The historical data trend for Beijing Beimo High Tech Frictional 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.

Beijing Beimo High Tech Frictional Material Co Pretax Margin % Chart

Beijing Beimo High Tech Frictional Material Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 59.93 58.38 59.74 46.22 30.60

Beijing Beimo High Tech Frictional Material 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 47.19 80.27 -98.19 43.48 -7.80

Competitive Comparison of Beijing Beimo High Tech Frictional Material Co's Pretax Margin %

For the Aerospace & Defense subindustry, Beijing Beimo High Tech Frictional 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.


Beijing Beimo High Tech Frictional Material Co's Pretax Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Beijing Beimo High Tech Frictional Material Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Beijing Beimo High Tech Frictional Material Co's Pretax Margin % falls into.



Beijing Beimo High Tech Frictional 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.

Beijing Beimo High Tech Frictional 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 )
=291.94/954.016
=30.60 %

Beijing Beimo High Tech Frictional Material 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 )
=-8.165/104.698
=-7.80 %

* 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.


Beijing Beimo High Tech Frictional Material Co  (SZSE:002985) 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.


Beijing Beimo High Tech Frictional Material Co Pretax Margin % Related Terms

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Beijing Beimo High Tech Frictional Material Co Business Description

Traded in Other Exchanges
N/A
Address
Shahe Town, Changping District, High-tech Park, Zhengding County, North District, Hebei Province, Beijing, CHN, 102206
Beijing Beimo High Tech Frictional Material Co Ltd formerly Beijing Bei Mo Gao Ke Friction Material Co Ltd is engaged in production and sales of high-end equipment and brake products for military and civilian aerospace vehicle landing gear landing systems, tank armored vehicles, high-speed trains and other high-end equipment. The company's products include brake wheels, brake system, aircraft landing gear.
Executives
Zheng Dan Directors, executives
Chen Jian Feng Directors, executives
Wang Shu Min Director
Liu Yang Directors, executives
Yan Rong Xin Supervisors
Xia Qing Song Supervisors
Zhang Qiu Lai Supervisors
Li Rong Li Executives

Beijing Beimo High Tech Frictional Material Co Headlines

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