CITIC Envirotech (TPE:911610) Pretax Margin % : 3.02% (As of Sep. 2019)

CITIC Envirotech Pretax Margin % Chart

CITIC Envirotech Annual Data
	Trend	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Dec16	Dec17	Dec18
Pretax Margin %		Get a 7-Day Free Trial					15.41	22.90	24.12	16.67	16.23

CITIC Envirotech Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Pretax Margin %	Get a 7-Day Free Trial															15.78	2.71	11.52	12.42	3.02

Competitive Comparison of CITIC Envirotech's Pretax Margin %

For the Pollution & Treatment Controls subindustry, CITIC Envirotech'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.

CITIC Envirotech's Pretax Margin % Distribution in the Industrial Products Industry

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

* The bar in red indicates where CITIC Envirotech's Pretax Margin % falls into.

CITIC Envirotech 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.

CITIC Envirotech's Pretax Margin for the fiscal year that ended in Dec. 2018 is calculated as

CITIC Envirotech's Pretax Margin for the quarter that ended in Sep. 2019 is calculated as

* 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.

CITIC Envirotech  (TPE:911610) 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.

CITIC Envirotech Pretax Margin % Related Terms

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CITIC Envirotech (TPE:911610) Business Description