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WOK (WORK Medical Technology Group) Pretax Margin % : -63.27% (As of Sep. 2024)


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What is WORK Medical Technology Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. WORK Medical Technology Group's Pre-Tax Income for the six months ended in Sep. 2024 was $-3.92 Mil. WORK Medical Technology Group's Revenue for the six months ended in Sep. 2024 was $6.20 Mil. Therefore, WORK Medical Technology Group's pretax margin for the quarter that ended in Sep. 2024 was -63.27%.

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

WOK' s Pretax Margin % Range Over the Past 10 Years
Min: -31.86   Med: 2.53   Max: 16.01
Current: -31.86

WOK's Pretax Margin % is ranked worse than
68.75% of 816 companies
in the Medical Devices & Instruments industry
Industry Median: 0.645 vs WOK: -31.86

WORK Medical Technology Group Pretax Margin % Historical Data

The historical data trend for WORK Medical Technology 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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WORK Medical Technology Group Pretax Margin % Chart

WORK Medical Technology Group Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24
Pretax Margin %
2.53 16.01 5.65 0.81 -31.86

WORK Medical Technology Group Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Pretax Margin % Get a 7-Day Free Trial 5.97 18.36 -33.90 4.80 -63.27

Competitive Comparison of WORK Medical Technology Group's Pretax Margin %

For the Medical Devices subindustry, WORK Medical Technology 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.

WORK Medical Technology Group's Pretax Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, WORK Medical Technology Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where WORK Medical Technology Group's Pretax Margin % falls into.


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WORK Medical Technology 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.

WORK Medical Technology Group's Pretax Margin for the fiscal year that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Sep. 2024 )/Revenue (A: Sep. 2024 )
=-3.666/11.506
=-31.86 %

WORK Medical Technology Group's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-3.921/6.197
=-63.27 %

* 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.

WORK Medical Technology Group  (NAS:WOK) 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.

WORK Medical Technology Group Pretax Margin % Related Terms

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WORK Medical Technology Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » WORK Medical Technology Group Ltd (NAS:WOK) » Definitions » Pretax Margin %
Comparable Companies
NUMD AEMD SINT TNON AIMD GTHP FOFA NURO STME AMIX ABT BSX SYK MDT XTER:SHL EW SZSE:300760 DXCM XAMS:PHIA ZBH
Traded in Other Exchanges
N/A
Address
Floor 23, No. 2 Tonghuinan Road, Xiaoshan District, Zhejiang Province, Hangzhou, CHN
Website
https://www.workmedtech.com
WORK Medical Technology Group Ltd is engaged in manufacturing and selling medical consumables through its wholly owned subsidiaries in the People's Republic of China. The Company's main products include medical face masks, tourniquets, airways, breathing circuits, intubation accessories, anesthesia kits, oxygen masks, suction sets, laryngoscope blades, KN95 masks, and other disposable medical devices, as well as medical equipment.