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Zhejiang Truelove Vogue Co (SZSE:003041) Pretax Margin % : 16.38% (As of Mar. 2024)


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What is Zhejiang Truelove Vogue Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Zhejiang Truelove Vogue Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥26.1 Mil. Zhejiang Truelove Vogue Co's Revenue for the three months ended in Mar. 2024 was ¥159.6 Mil. Therefore, Zhejiang Truelove Vogue Co's pretax margin for the quarter that ended in Mar. 2024 was 16.38%.

The historical rank and industry rank for Zhejiang Truelove Vogue Co's Pretax Margin % or its related term are showing as below:

SZSE:003041' s Pretax Margin % Range Over the Past 10 Years
Min: 3.71   Med: 8.72   Max: 15.56
Current: 11.12


SZSE:003041's Pretax Margin % is ranked better than
79.36% of 1037 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.39 vs SZSE:003041: 11.12

Zhejiang Truelove Vogue Co Pretax Margin % Historical Data

The historical data trend for Zhejiang Truelove Vogue 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.

Zhejiang Truelove Vogue Co Pretax Margin % Chart

Zhejiang Truelove Vogue Co Annual Data
Trend Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.47 15.56 12.80 15.39 9.57

Zhejiang Truelove Vogue Co Quarterly Data
Dec17 Dec18 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 7.27 10.38 15.22 2.86 16.38

Competitive Comparison of Zhejiang Truelove Vogue Co's Pretax Margin %

For the Textile Manufacturing subindustry, Zhejiang Truelove Vogue 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.


Zhejiang Truelove Vogue Co's Pretax Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Truelove Vogue Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Zhejiang Truelove Vogue Co's Pretax Margin % falls into.



Zhejiang Truelove Vogue 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.

Zhejiang Truelove Vogue 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 )
=91.173/952.683
=9.57 %

Zhejiang Truelove Vogue 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 )
=26.136/159.579
=16.38 %

* 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.


Zhejiang Truelove Vogue Co  (SZSE:003041) 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.


Zhejiang Truelove Vogue Co Pretax Margin % Related Terms

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Zhejiang Truelove Vogue Co (SZSE:003041) Business Description

Traded in Other Exchanges
N/A
Address
Jiangdong Street, No.399, Fotang Avenue, Zhejiang Province, Yiwu, CHN, 322000
Zhejiang Zhenai Meijia Co Ltd is engaged in the research and development, design, production and sales of home textile. The company offers blankets and kits such as =Raschel blankets, quilts, pillow cores and other household textile products.

Zhejiang Truelove Vogue Co (SZSE:003041) Headlines

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