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111 (YI) Pretax Margin % : -4.99% (As of Dec. 2023)


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What is 111 Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. 111's Pre-Tax Income for the three months ended in Dec. 2023 was $-29 Mil. 111's Revenue for the three months ended in Dec. 2023 was $575 Mil. Therefore, 111's pretax margin for the quarter that ended in Dec. 2023 was -4.99%.

The historical rank and industry rank for 111's Pretax Margin % or its related term are showing as below:

YI' s Pretax Margin % Range Over the Past 10 Years
Min: -41.59   Med: -9.2   Max: -2.35
Current: -2.35


YI's Pretax Margin % is ranked worse than
83.67% of 98 companies
in the Medical Distribution industry
Industry Median: 1.86 vs YI: -2.35

111 Pretax Margin % Historical Data

The historical data trend for 111'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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111 Pretax Margin % Chart

111 Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -12.70 -5.69 -5.00 -2.78 -2.36

111 Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -2.51 -0.52 -1.30 -2.27 -4.99

Competitive Comparison of 111's Pretax Margin %

For the Medical Distribution subindustry, 111'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.


111's Pretax Margin % Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, 111's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where 111's Pretax Margin % falls into.



111 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.

111'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 )
=-49.464/2093.517
=-2.36 %

111'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 )
=-28.721/575.422
=-4.99 %

* 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.


111  (NAS:YI) 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.


111 Pretax Margin % Related Terms

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111 (YI) Business Description

Traded in Other Exchanges
Address
No.295 ZuChongZhi Road, 3rd-5th Floors, Pudong New Area, Shanghai, CHN, 201203
111 Inc operates an integrated online and offline platform in the healthcare ecosystem in China, whereby the Group is engaged in the sales of medical and wellness products through online retail and wholesale pharmacies and offline retail pharmacies, as well as the provision of certain value-added services, such as online consultation services and e-prescription services to consumers in the People's Republic of China. The company has two operating segments: the B2C segment and B2B segment whereby the B2C business represents revenue generated from individual consumers while the B2B business represents revenue generated from corporate customers. It derives a majority of its revenue from the B2B segment.