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Hangzhou Zhengqiang (SZSE:301119) Pretax Margin % : 34.53% (As of Sep. 2024)


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What is Hangzhou Zhengqiang Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hangzhou Zhengqiang's Pre-Tax Income for the three months ended in Sep. 2024 was ¥32.6 Mil. Hangzhou Zhengqiang's Revenue for the three months ended in Sep. 2024 was ¥94.5 Mil. Therefore, Hangzhou Zhengqiang's pretax margin for the quarter that ended in Sep. 2024 was 34.53%.

The historical rank and industry rank for Hangzhou Zhengqiang's Pretax Margin % or its related term are showing as below:

SZSE:301119' s Pretax Margin % Range Over the Past 10 Years
Min: 16.69   Med: 20.32   Max: 26.45
Current: 23.97


SZSE:301119's Pretax Margin % is ranked better than
95.39% of 1302 companies
in the Vehicles & Parts industry
Industry Median: 4.155 vs SZSE:301119: 23.97

Hangzhou Zhengqiang Pretax Margin % Historical Data

The historical data trend for Hangzhou Zhengqiang'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.

Hangzhou Zhengqiang Pretax Margin % Chart

Hangzhou Zhengqiang Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 19.35 21.57 16.69 25.75 26.45

Hangzhou Zhengqiang 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 30.23 21.74 21.80 19.02 34.53

Competitive Comparison of Hangzhou Zhengqiang's Pretax Margin %

For the Auto Parts subindustry, Hangzhou Zhengqiang'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.


Hangzhou Zhengqiang's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hangzhou Zhengqiang's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Hangzhou Zhengqiang's Pretax Margin % falls into.



Hangzhou Zhengqiang 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.

Hangzhou Zhengqiang'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 )
=110.404/417.414
=26.45 %

Hangzhou Zhengqiang'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 )
=32.642/94.537
=34.53 %

* 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.


Hangzhou Zhengqiang  (SZSE:301119) 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.


Hangzhou Zhengqiang Pretax Margin % Related Terms

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Hangzhou Zhengqiang Business Description

Traded in Other Exchanges
N/A
Address
Zhangpanqiao Village, Shushan Street, Zhejiang Province, Xiaoshan, CHN, 311201
Hangzhou Zhengqiang Corp Ltd is engaged in the research and development, production and sales of automobile cross shaft universal joint assembly, joint fork and related parts.

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