Zhejiang Wellsun Intelligent Technology Co (SZSE:300882) Pretax Margin % : 10.70% (As of Sep. 2024)

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What is Zhejiang Wellsun Intelligent Technology Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Zhejiang Wellsun Intelligent Technology Co's Pre-Tax Income for the three months ended in Sep. 2024 was ¥23.8 Mil. Zhejiang Wellsun Intelligent Technology Co's Revenue for the three months ended in Sep. 2024 was ¥222.7 Mil. Therefore, Zhejiang Wellsun Intelligent Technology Co's pretax margin for the quarter that ended in Sep. 2024 was 10.70%.

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

SZSE:300882' s Pretax Margin % Range Over the Past 10 Years
Min: 6.89 Med: 14.56 Max: 25.64
Current: 18.87

SZSE:300882's Pretax Margin % is ranked better than
90.38% of 2444 companies
in the Hardware industry
Industry Median: 3.37 vs SZSE:300882: 18.87

Zhejiang Wellsun Intelligent Technology Co Pretax Margin % Historical Data

The historical data trend for Zhejiang Wellsun Intelligent 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.

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Zhejiang Wellsun Intelligent Technology Co Pretax Margin % Chart

Zhejiang Wellsun Intelligent Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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14.91

17.30

12.97

18.10

25.64

Zhejiang Wellsun Intelligent 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															32.09	24.01	23.73	16.32	10.70

Competitive Comparison of Zhejiang Wellsun Intelligent Technology Co's Pretax Margin %

For the Scientific & Technical Instruments subindustry, Zhejiang Wellsun Intelligent 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.

Zhejiang Wellsun Intelligent Technology Co's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zhejiang Wellsun Intelligent Technology Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Zhejiang Wellsun Intelligent Technology Co's Pretax Margin % falls into.

Zhejiang Wellsun Intelligent 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.

Zhejiang Wellsun Intelligent 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 )
	=	287.016	/	1119.339
	=	25.64 %

Zhejiang Wellsun Intelligent 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 )
	=	23.831	/	222.661
	=	10.70 %

Zhejiang Wellsun Intelligent Technology Co (SZSE:300882) 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 Wellsun Intelligent Technology Co Pretax Margin % Related Terms

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Zhejiang Wellsun Intelligent Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Zhejiang Wellsun Intelligent Technology Co Ltd (SZSE:300882) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 15, Xingye East Third Street, Fuxi Street, Tiantai County, Zhejiang Province, Hangzhou, CHN, 317200

Website

http://www.wellsun.com

Zhejiang Wellsun Intelligent Technology Co Ltd is engaged in production and sales of smart meters, electricity consumption information collection systems and other products. Its technologies cover sensing, communication, information processing and other fields. The company's products include Intelligent energy meter, Power consumption information acquisition terminal; Intelligent water meter, Wireless water meter, IC card water meter, Ultrasonic water meter, Intelligent water collection and management system; Fire intelligent equipment, Intelligent fire safety system; and Collection and management system of multiple tables in one.

Executives

Ding Zheng Lin	Executives
Chen Dong Bin	Directors, Directors, and Executives

Zhejiang Wellsun Intelligent Technology Co Headlines

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