GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Rychen Technologies Co Ltd (SZSE:301273) » Definitions » Pretax Margin %

Shanghai Rychen Technologies Co (SZSE:301273) Pretax Margin % : -57.65% (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Shanghai Rychen Technologies Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Shanghai Rychen Technologies Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥-20.6 Mil. Shanghai Rychen Technologies Co's Revenue for the three months ended in Mar. 2024 was ¥35.7 Mil. Therefore, Shanghai Rychen Technologies Co's pretax margin for the quarter that ended in Mar. 2024 was -57.65%.

The historical rank and industry rank for Shanghai Rychen Technologies Co's Pretax Margin % or its related term are showing as below:

SZSE:301273' s Pretax Margin % Range Over the Past 10 Years
Min: 3.9   Med: 22.12   Max: 26.55
Current: 3.9


SZSE:301273's Pretax Margin % is ranked worse than
62.28% of 2961 companies
in the Industrial Products industry
Industry Median: 6.53 vs SZSE:301273: 3.90

Shanghai Rychen Technologies Co Pretax Margin % Historical Data

The historical data trend for Shanghai Rychen Technologies 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.

Shanghai Rychen Technologies Co Pretax Margin % Chart

Shanghai Rychen Technologies Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 21.11 26.55 23.13 13.13 9.17

Shanghai Rychen Technologies Co Quarterly Data
Dec18 Dec19 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 -8.84 16.89 3.33 10.59 -57.65

Competitive Comparison of Shanghai Rychen Technologies Co's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Shanghai Rychen Technologies 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.


Shanghai Rychen Technologies Co's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Rychen Technologies Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Shanghai Rychen Technologies Co's Pretax Margin % falls into.



Shanghai Rychen Technologies 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.

Shanghai Rychen Technologies 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 )
=31.303/341.249
=9.17 %

Shanghai Rychen Technologies 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 )
=-20.565/35.671
=-57.65 %

* 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.


Shanghai Rychen Technologies Co  (SZSE:301273) 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.


Shanghai Rychen Technologies Co Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Shanghai Rychen Technologies Co's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanghai Rychen Technologies Co (SZSE:301273) Business Description

Traded in Other Exchanges
N/A
Address
No. 358, Shenxia Road, Area C, Building 3, Jiading District, Shanghai, CHN, 201822
Shanghai Rychen Technologies Co Ltd is engaged in the research and development, design, production and sales of high-efficiency and energy-saving equipment.
Executives
Lv Zeng Li Supervisors

Shanghai Rychen Technologies Co (SZSE:301273) Headlines

No Headlines