GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hunan Sund Technological Corp (SZSE:301548) » Definitions » Pretax Margin %

Hunan Sund Technological (SZSE:301548) Pretax Margin % : 28.91% (As of Mar. 2024)


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

What is Hunan Sund Technological Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hunan Sund Technological's Pre-Tax Income for the three months ended in Mar. 2024 was ¥33.2 Mil. Hunan Sund Technological's Revenue for the three months ended in Mar. 2024 was ¥114.7 Mil. Therefore, Hunan Sund Technological's pretax margin for the quarter that ended in Mar. 2024 was 28.91%.

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

SZSE:301548' s Pretax Margin % Range Over the Past 10 Years
Min: 14.42   Med: 17   Max: 23.87
Current: 23.87


SZSE:301548's Pretax Margin % is ranked better than
93.38% of 2974 companies
in the Industrial Products industry
Industry Median: 6.52 vs SZSE:301548: 23.87

Hunan Sund Technological Pretax Margin % Historical Data

The historical data trend for Hunan Sund Technological'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.

Hunan Sund Technological Pretax Margin % Chart

Hunan Sund Technological Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 15.17 16.34 17.65 21.13 22.39

Hunan Sund Technological Quarterly Data
Dec18 Dec19 Dec20 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 22.12 22.33 28.21 17.20 28.91

Competitive Comparison of Hunan Sund Technological's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Hunan Sund Technological'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.


Hunan Sund Technological's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hunan Sund Technological's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Hunan Sund Technological's Pretax Margin % falls into.



Hunan Sund Technological 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.

Hunan Sund Technological'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 )
=117.118/523.194
=22.39 %

Hunan Sund Technological'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 )
=33.172/114.749
=28.91 %

* 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.


Hunan Sund Technological  (SZSE:301548) 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.


Hunan Sund Technological Pretax Margin % Related Terms

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


Hunan Sund Technological (SZSE:301548) Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Chayuan Road, High-tech Zone, Hunan, Xiangtan, CHN, 411102
Hunan Sund Technological Corp is engaged in research & development, design, production and sales of dynamic pressure oil film sliding bearings, sales of rolling bearings and related products, etc. It is a leading bearing supplier of bearing products and integral solutions for transmission systems.

Hunan Sund Technological (SZSE:301548) Headlines

No Headlines