Meiwu Technology Co (Meiwu Technology Co) Pretax Margin % : -0.63% (As of Jun. 2023)

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What is Meiwu Technology Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Meiwu Technology Co's Pre-Tax Income for the six months ended in Jun. 2023 was $-0.07 Mil. Meiwu Technology Co's Revenue for the six months ended in Jun. 2023 was $10.68 Mil. Therefore, Meiwu Technology Co's pretax margin for the quarter that ended in Jun. 2023 was -0.63%.

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

WNW' s Pretax Margin % Range Over the Past 10 Years
Min: -100.27 Med: -22.84 Max: -9.12
Current: -27.06

WNW's Pretax Margin % is ranked worse than
91.34% of 1109 companies
in the Retail - Cyclical industry
Industry Median: 2.98 vs WNW: -27.06

Meiwu Technology Co Pretax Margin % Historical Data

The historical data trend for Meiwu Technology 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.

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Meiwu Technology Co Pretax Margin % Chart

Meiwu Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Pretax Margin %

-90.99

-22.84

-10.02

-9.12

-100.27

Meiwu Technology Co Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Pretax Margin %	Get a 7-Day Free Trial					-16.23	2.10	-474.27	-55.84	-0.63

Competitive Comparison of Meiwu Technology Co's Pretax Margin %

For the Internet Retail subindustry, Meiwu Technology 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.

Meiwu Technology Co's Pretax Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Meiwu Technology Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Meiwu Technology Co's Pretax Margin % falls into.

Meiwu Technology 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.

Meiwu Technology Co's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	-11.009	/	10.979
	=	-100.27 %

Meiwu Technology Co's Pretax Margin for the quarter that ended in Jun. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	-0.067	/	10.683
	=	-0.63 %

Meiwu Technology Co (NAS:WNW) 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.

Meiwu Technology Co Pretax Margin % Related Terms

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Meiwu Technology Co (Meiwu Technology Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Meiwu Technology Co Ltd (NAS:WNW) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 743 Zhoushi Road, Hangcheng Street, 1602, Building C, Shenye Century Industrial Center, Bao’an District, Shenzhen, CHN

Website

https://www.wnw108.com

Meiwu Technology Co Ltd operates as an online food retail store and franchise restaurants in China. The products offered include green food, organic food, intangible cultural heritage food products, agricultural products bearing geographical indications, and pollution-free products. It operates in three segments: Clean Food Platform, which generates nearly all of its revenue; Restaurant; and Others.