GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Xinyi Solar Holdings Ltd (OTCPK:XISHY) » Definitions » Pretax Margin %

Xinyi Solar Holdings (Xinyi Solar Holdings) Pretax Margin % : 24.53% (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Xinyi Solar Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Xinyi Solar Holdings's Pre-Tax Income for the six months ended in Dec. 2023 was $455 Mil. Xinyi Solar Holdings's Revenue for the six months ended in Dec. 2023 was $1,855 Mil. Therefore, Xinyi Solar Holdings's pretax margin for the quarter that ended in Dec. 2023 was 24.53%.

The historical rank and industry rank for Xinyi Solar Holdings's Pretax Margin % or its related term are showing as below:

XISHY' s Pretax Margin % Range Over the Past 10 Years
Min: 20.92   Med: 29.31   Max: 46.76
Current: 20.92


XISHY's Pretax Margin % is ranked better than
83.03% of 984 companies
in the Semiconductors industry
Industry Median: 5.235 vs XISHY: 20.92

Xinyi Solar Holdings Pretax Margin % Historical Data

The historical data trend for Xinyi Solar Holdings'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.

Xinyi Solar Holdings Pretax Margin % Chart

Xinyi Solar Holdings 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 34.00 46.76 40.89 25.22 20.92

Xinyi Solar Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 31.91 27.40 23.27 16.62 24.53

Competitive Comparison of Xinyi Solar Holdings's Pretax Margin %

For the Solar subindustry, Xinyi Solar Holdings'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.


Xinyi Solar Holdings's Pretax Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Xinyi Solar Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Xinyi Solar Holdings's Pretax Margin % falls into.



Xinyi Solar Holdings 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.

Xinyi Solar Holdings'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 )
=713.39/3409.659
=20.92 %

Xinyi Solar Holdings'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 )
=454.976/1854.956
=24.53 %

* 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.


Xinyi Solar Holdings  (OTCPK:XISHY) 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.


Xinyi Solar Holdings Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Xinyi Solar Holdings's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Xinyi Solar Holdings (Xinyi Solar Holdings) Business Description

Traded in Other Exchanges
Address
Xinyi PV Glass Industrial Zone, 2 Xinyi Road, Wuhu Economic and Technology Development Zone, Anhui Province, Wuhu, CHN, 241009
Xinyi Solar Holdings Ltd is an investment holding company. Its activities consist of the production and sale of solar glass products, the development and operation of solar farms, and the provision of engineering, procurement, and construction (EPC) services. The company's segments include sales of solar glass; solar farm business which includes solar farm development and solar power generation; and EPC services. It derives revenue from two core business segments, namely the sale and manufacturing of solar glass and solar farm business. Its operations are held in the People's Republic of China and Other countries.

Xinyi Solar Holdings (Xinyi Solar Holdings) Headlines

From GuruFocus

Xinyi Solar Holdings Ltd's Dividend Analysis

By GuruFocus Research 06-05-2024