GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Hicon Network Technology (Shandong) Co Ltd (SZSE:301262) » Definitions » Pretax Margin %

Hicon Network Technology (Shandong) Co (SZSE:301262) Pretax Margin % : 51.83% (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Hicon Network Technology (Shandong) Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hicon Network Technology (Shandong) Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥126.1 Mil. Hicon Network Technology (Shandong) Co's Revenue for the three months ended in Mar. 2024 was ¥243.4 Mil. Therefore, Hicon Network Technology (Shandong) Co's pretax margin for the quarter that ended in Mar. 2024 was 51.83%.

The historical rank and industry rank for Hicon Network Technology (Shandong) Co's Pretax Margin % or its related term are showing as below:

SZSE:301262' s Pretax Margin % Range Over the Past 10 Years
Min: 41.32   Med: 48.03   Max: 52.66
Current: 48.07


SZSE:301262's Pretax Margin % is ranked better than
97.18% of 1028 companies
in the Media - Diversified industry
Industry Median: 2.405 vs SZSE:301262: 48.07

Hicon Network Technology (Shandong) Co Pretax Margin % Historical Data

The historical data trend for Hicon Network Technology (Shandong) 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.

Hicon Network Technology (Shandong) Co Pretax Margin % Chart

Hicon Network Technology (Shandong) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 49.06 48.23 52.66 47.14 48.03

Hicon Network Technology (Shandong) Co Quarterly Data
Dec17 Dec18 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 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 51.67 43.18 45.04 51.52 51.83

Competitive Comparison of Hicon Network Technology (Shandong) Co's Pretax Margin %

For the Broadcasting subindustry, Hicon Network Technology (Shandong) 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.


Hicon Network Technology (Shandong) Co's Pretax Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hicon Network Technology (Shandong) Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Hicon Network Technology (Shandong) Co's Pretax Margin % falls into.



Hicon Network Technology (Shandong) 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.

Hicon Network Technology (Shandong) 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 )
=476.547/992.274
=48.03 %

Hicon Network Technology (Shandong) 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 )
=126.141/243.365
=51.83 %

* 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.


Hicon Network Technology (Shandong) Co  (SZSE:301262) 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.


Hicon Network Technology (Shandong) Co Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Hicon Network Technology (Shandong) Co's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Hicon Network Technology (Shandong) Co (SZSE:301262) Business Description

Traded in Other Exchanges
N/A
Address
No. 18567, Jingshi Road, 6th Floor, New Radio and Television Center Building, Shandong Province, Jinan, CHN, 250062
Hicon Network Technology (Shandong) Co Ltd exclusively operate the operating business related to Shandong IPTV integrated broadcast control.

Hicon Network Technology (Shandong) Co (SZSE:301262) Headlines

No Headlines