WANG & LEE Group (WANG & LEE Group) Pretax Margin % : 18.09% (As of Dec. 2023)

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What is WANG & LEE Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. WANG & LEE Group's Pre-Tax Income for the six months ended in Dec. 2023 was $0.98 Mil. WANG & LEE Group's Revenue for the six months ended in Dec. 2023 was $5.39 Mil. Therefore, WANG & LEE Group's pretax margin for the quarter that ended in Dec. 2023 was 18.09%.

The historical rank and industry rank for WANG & LEE Group's Pretax Margin % or its related term are showing as below:

WLGS' s Pretax Margin % Range Over the Past 10 Years
Min: -14.32 Med: -9.05 Max: 6.97
Current: -9.51

WLGS's Pretax Margin % is ranked worse than
86.78% of 1649 companies
in the Construction industry
Industry Median: 4.52 vs WLGS: -9.51

WANG & LEE Group Pretax Margin % Historical Data

The historical data trend for WANG & LEE Group'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.

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WANG & LEE Group Pretax Margin % Chart

WANG & LEE Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

6.97

-8.59

-14.32

-9.51

WANG & LEE Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Pretax Margin %	Get a 7-Day Free Trial			-22.12	-19.36	-12.16	-113.01	18.09

Competitive Comparison of WANG & LEE Group's Pretax Margin %

For the Engineering & Construction subindustry, WANG & LEE Group'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.

WANG & LEE Group's Pretax Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, WANG & LEE Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where WANG & LEE Group's Pretax Margin % falls into.

WANG & LEE Group 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.

WANG & LEE Group'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 )
	=	-0.649	/	6.826
	=	-9.51 %

WANG & LEE Group's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0.975	/	5.389
	=	18.09 %

WANG & LEE Group (NAS:WLGS) 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.

WANG & LEE Group Pretax Margin % Related Terms

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WANG & LEE Group (WANG & LEE Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » WANG & LEE Group Inc (NAS:WLGS) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Tai Yip Street, 5th Floor, Wing Tai Factory Building, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.wangnlee.com.hk

WANG & LEE Group Inc operates as an investment holding company. The firm conducts its primary operations through its indirectly wholly owned subsidiary WANG and LEE CONTRACTING LIMITED (WLHK). WLHK provides contract engineering, installation, and out-fitting of the following products and services: low voltage (220v/phase 1 or 380v/phase 3) electrical systems, mechanical ventilation and air-conditioning systems (MVAC), fire safety systems, and water supply and sewage disposal systems.

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