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Queclink Wireless Solutions Co (SZSE:300590) Pretax Margin % : 17.87% (As of Mar. 2024)


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What is Queclink Wireless Solutions Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Queclink Wireless Solutions Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥38 Mil. Queclink Wireless Solutions Co's Revenue for the three months ended in Mar. 2024 was ¥212 Mil. Therefore, Queclink Wireless Solutions Co's pretax margin for the quarter that ended in Mar. 2024 was 17.87%.

The historical rank and industry rank for Queclink Wireless Solutions Co's Pretax Margin % or its related term are showing as below:

SZSE:300590' s Pretax Margin % Range Over the Past 10 Years
Min: 15.2   Med: 28.02   Max: 44.55
Current: 16.42


SZSE:300590's Pretax Margin % is ranked better than
86.71% of 2461 companies
in the Hardware industry
Industry Median: 3.54 vs SZSE:300590: 16.42

Queclink Wireless Solutions Co Pretax Margin % Historical Data

The historical data trend for Queclink Wireless Solutions 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.

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Queclink Wireless Solutions Co Pretax Margin % Chart

Queclink Wireless Solutions 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 27.65 21.14 18.17 17.69 15.20

Queclink Wireless Solutions Co Quarterly Data
Jun19 Sep19 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 11.17 18.15 17.09 13.97 17.87

Competitive Comparison of Queclink Wireless Solutions Co's Pretax Margin %

For the Scientific & Technical Instruments subindustry, Queclink Wireless Solutions 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.


Queclink Wireless Solutions Co's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Queclink Wireless Solutions Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Queclink Wireless Solutions Co's Pretax Margin % falls into.



Queclink Wireless Solutions 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.

Queclink Wireless Solutions 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 )
=154.439/1015.76
=15.20 %

Queclink Wireless Solutions 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 )
=37.938/212.251
=17.87 %

* 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.


Queclink Wireless Solutions Co  (SZSE:300590) 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.


Queclink Wireless Solutions Co Pretax Margin % Related Terms

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Queclink Wireless Solutions Co (SZSE:300590) Business Description

Traded in Other Exchanges
N/A
Address
717 Yishan Road, 3rd Floor, Xuhui District, Shanghai, CHN, 200233
Queclink Wireless Solutions Co Ltd is a China based company engaged in supplying machine-to-machine (M2M) devices and solutions. The products offered by the company are asset trackers, personal trackers, vehicle tracker, and other accessories. It also offers solutions such as asset tracking, lone workers, telecare, monitoring, and fleet management.
Executives
Liao Rong Hua Directors, executives
Peng Wei Directors, executives
He Liang Executives
Zhang Jie Directors, executives
Tang Jun Securities Affairs Representative

Queclink Wireless Solutions Co (SZSE:300590) Headlines

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