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WCHNF (West China Cement) Pretax Margin % : 17.52% (As of Jun. 2024)


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What is West China Cement Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. West China Cement's Pre-Tax Income for the six months ended in Jun. 2024 was $89 Mil. West China Cement's Revenue for the six months ended in Jun. 2024 was $510 Mil. Therefore, West China Cement's pretax margin for the quarter that ended in Jun. 2024 was 17.52%.

The historical rank and industry rank for West China Cement's Pretax Margin % or its related term are showing as below:

WCHNF' s Pretax Margin % Range Over the Past 10 Years
Min: -7.33   Med: 19.15   Max: 30.96
Current: 9.02


WCHNF's Pretax Margin % is ranked better than
61.13% of 391 companies
in the Building Materials industry
Industry Median: 5.89 vs WCHNF: 9.02

West China Cement Pretax Margin % Historical Data

The historical data trend for West China Cement'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.

West China Cement Pretax Margin % Chart

West China Cement Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.96 25.91 26.04 17.83 10.58

West China Cement Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 Premium Member Only Premium Member Only 21.48 14.33 19.26 2.32 17.52

Competitive Comparison of West China Cement's Pretax Margin %

For the Building Materials subindustry, West China Cement'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.


West China Cement's Pretax Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, West China Cement's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where West China Cement's Pretax Margin % falls into.



West China Cement 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.

West China Cement'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 )
=133.653/1263.396
=10.58 %

West China Cement's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=89.393/510.264
=17.52 %

* 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.


West China Cement  (OTCPK:WCHNF) 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.


West China Cement Pretax Margin % Related Terms

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West China Cement Business Description

Traded in Other Exchanges
Address
No. 336 4th Shenzhou Road, Yaobai R&D Training Center, Aerospace Industrial Base, Chang’an District, Xian, Shaanxi, CHN
West China Cement Ltd is a producer of cement and supplies its products to the infrastructure, urban, and rural construction markets in China. The primary use of West China's cement is in the construction of infrastructure projects such as highways, bridges, railways, roads, and residential buildings.

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