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ZHGWF (Zhengwei Group Holdings Co) Pretax Margin % : -7.02% (As of Jun. 2024)


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What is Zhengwei Group Holdings Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Zhengwei Group Holdings Co's Pre-Tax Income for the six months ended in Jun. 2024 was $-2.88 Mil. Zhengwei Group Holdings Co's Revenue for the six months ended in Jun. 2024 was $41.09 Mil. Therefore, Zhengwei Group Holdings Co's pretax margin for the quarter that ended in Jun. 2024 was -7.02%.

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

ZHGWF' s Pretax Margin % Range Over the Past 10 Years
Min: 3.76   Med: 16.72   Max: 17.23
Current: 3.76


ZHGWF's Pretax Margin % is ranked worse than
55.05% of 1882 companies
in the Consumer Packaged Goods industry
Industry Median: 4.64 vs ZHGWF: 3.76

Zhengwei Group Holdings Co Pretax Margin % Historical Data

The historical data trend for Zhengwei Group Holdings 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.

* Premium members only.

Zhengwei Group Holdings Co Pretax Margin % Chart

Zhengwei Group Holdings Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
16.23 16.72 16.91 14.83 17.23

Zhengwei Group Holdings Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only 13.61 15.90 18.55 16.23 -7.02

Competitive Comparison of Zhengwei Group Holdings Co's Pretax Margin %

For the Packaged Foods subindustry, Zhengwei Group Holdings 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.


Zhengwei Group Holdings Co's Pretax Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zhengwei Group Holdings Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Zhengwei Group Holdings Co's Pretax Margin % falls into.



Zhengwei Group Holdings 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.

Zhengwei Group Holdings Co'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 )
=10.742/62.353
=17.23 %

Zhengwei Group Holdings Co's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=-2.883/41.091
=-7.02 %

* 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.


Zhengwei Group Holdings Co  (OTCPK:ZHGWF) 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.


Zhengwei Group Holdings Co Pretax Margin % Related Terms

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Zhengwei Group Holdings Co Business Description

Comparable Companies
Traded in Other Exchanges
Address
487 Yuhu Road, Xiaolan Economic Development and Technology Zone, Nanchang, CHN
Zhengwei Group Holdings Co Ltd produces dry food and snacks, and secondarily trades related products. It produces and sells a variety of snacks (including ready-to-eat vegetarian snacks and meat snacks), such as crispy bamboo shoots and roast necks; and packaged dry goods such as mushrooms, dried aquatic products, seaweed, grains, and seasonings in China. The majority of revenue is derived from the Snacks segment. It has two operating segments Manufacturing & trading, out of which the majority is from the manufacturing segment. Geographically, the majority is from the PRC.

Zhengwei Group Holdings Co Headlines

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