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Shandong Meichen Science & Technology Co (SZSE:300237) Pretax Margin % : -0.33% (As of Sep. 2024)


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What is Shandong Meichen Science & Technology Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Shandong Meichen Science & Technology Co's Pre-Tax Income for the three months ended in Sep. 2024 was ¥-1 Mil. Shandong Meichen Science & Technology Co's Revenue for the three months ended in Sep. 2024 was ¥360 Mil. Therefore, Shandong Meichen Science & Technology Co's pretax margin for the quarter that ended in Sep. 2024 was -0.33%.

The historical rank and industry rank for Shandong Meichen Science & Technology Co's Pretax Margin % or its related term are showing as below:

SZSE:300237' s Pretax Margin % Range Over the Past 10 Years
Min: -111.19   Med: 3.65   Max: 14.54
Current: -49.9


SZSE:300237's Pretax Margin % is ranked worse than
94.92% of 1298 companies
in the Vehicles & Parts industry
Industry Median: 4.185 vs SZSE:300237: -49.90

Shandong Meichen Science & Technology Co Pretax Margin % Historical Data

The historical data trend for Shandong Meichen Science & Technology 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 Meichen Science & Technology Co Pretax Margin % Chart

Shandong Meichen Science & Technology 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 4.14 1.67 -18.44 -111.19 -69.60

Shandong Meichen Science & Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -59.26 -127.45 -21.74 -23.92 -0.33

Competitive Comparison of Shandong Meichen Science & Technology Co's Pretax Margin %

For the Auto Parts subindustry, Shandong Meichen Science & Technology 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 Meichen Science & Technology Co's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shandong Meichen Science & Technology Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Shandong Meichen Science & Technology Co's Pretax Margin % falls into.



Shandong Meichen Science & Technology 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 Meichen Science & Technology 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 )
=-1172.115/1684.003
=-69.60 %

Shandong Meichen Science & Technology Co's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-1.172/359.599
=-0.33 %

* 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 Meichen Science & Technology Co  (SZSE:300237) 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 Meichen Science & Technology Co Pretax Margin % Related Terms

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Shandong Meichen Science & Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 12001, Mizhou East Road, Shandong Province, Zhucheng City, CHN, 262200
Shandong Meichen Science & Technology Co Ltd, formerly Shandong Meichen Ecology & Environment Co Ltd is engaged in the research, development, manufacturing, and distribution of rubber hose, damping rubber, engineering plastics products and related raw materials in China. It operates in the business areas of Sophisticated high molecular material and Ecological environment protection. The sophisticated high molecular material area offers suspension products, system integration modified engineering plastics products, elastic products damping noise reduction, and fluid pipe products. Ecological environment protection includes services like an ecological garden, soil repair, city minerals, water ecological management and air detection management.
Executives
Xu Hai Qin Director
Zhang Lei Director
Zheng Zhao Wei Director
Li Rong Hua Directors, executives
Guo Bai Feng Director
Ma Jing Chun Director
Li Rui Long Executives
Xiao Pan Wen Directors, executives
Sun Pei Zhu Directors, executives
Li Wei Gang Secretary Dong
Zhen Ran Supervisors
Zhao Xiang Yang Independent director
Li Xiao Nan Director

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