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Wuxi JinYang New Materials Co (SZSE:301210) Pretax Margin % : 4.05% (As of Sep. 2024)


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What is Wuxi JinYang New Materials Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Wuxi JinYang New Materials Co's Pre-Tax Income for the three months ended in Sep. 2024 was ¥14 Mil. Wuxi JinYang New Materials Co's Revenue for the three months ended in Sep. 2024 was ¥355 Mil. Therefore, Wuxi JinYang New Materials Co's pretax margin for the quarter that ended in Sep. 2024 was 4.05%.

The historical rank and industry rank for Wuxi JinYang New Materials Co's Pretax Margin % or its related term are showing as below:

SZSE:301210' s Pretax Margin % Range Over the Past 10 Years
Min: -3.81   Med: 9.99   Max: 16.58
Current: 5.39


SZSE:301210's Pretax Margin % is ranked worse than
54.46% of 2973 companies
in the Industrial Products industry
Industry Median: 6.37 vs SZSE:301210: 5.39

Wuxi JinYang New Materials Co Pretax Margin % Historical Data

The historical data trend for Wuxi JinYang New Materials 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.

Wuxi JinYang New Materials Co Pretax Margin % Chart

Wuxi JinYang New Materials Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -3.81 12.57 16.58 10.67 7.43

Wuxi JinYang New Materials Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 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 6.35 5.66 5.96 6.07 4.05

Competitive Comparison of Wuxi JinYang New Materials Co's Pretax Margin %

For the Electrical Equipment & Parts subindustry, Wuxi JinYang New Materials 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.


Wuxi JinYang New Materials Co's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuxi JinYang New Materials Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Wuxi JinYang New Materials Co's Pretax Margin % falls into.



Wuxi JinYang New Materials 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.

Wuxi JinYang New Materials 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 )
=82.45/1109.744
=7.43 %

Wuxi JinYang New Materials 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 )
=14.374/355.233
=4.05 %

* 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.


Wuxi JinYang New Materials Co  (SZSE:301210) 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.


Wuxi JinYang New Materials Co Pretax Margin % Related Terms

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Wuxi JinYang New Materials Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Ganlu Xigan Road, Ehu Town, Xishan, Jiangsu, Wuxi, CHN, 214117
Wuxi JinYang New Materials Co Ltd is engaged in research & development, production and sales of battery precision structural parts and materials. Its main products are battery packaging shells, safety valves, and nickel-based conductor materials. The company is one of the leading manufacturers of battery precision structural parts and materials in China. Its products are Steel cases for cylindrical batteries, Cylindrical lithium caps, Aluminum shells for square power lithium batteries, Square lithium battery covers, and Ultra-precision cold rolled nickel strips and foil.

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