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China Shineway Pharmaceutical Group (China Shineway Pharmaceutical Group) Pretax Margin % : 26.87% (As of Dec. 2023)


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What is China Shineway Pharmaceutical Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. China Shineway Pharmaceutical Group's Pre-Tax Income for the six months ended in Dec. 2023 was $79.7 Mil. China Shineway Pharmaceutical Group's Revenue for the six months ended in Dec. 2023 was $296.6 Mil. Therefore, China Shineway Pharmaceutical Group's pretax margin for the quarter that ended in Dec. 2023 was 26.87%.

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

CSWYY' s Pretax Margin % Range Over the Past 10 Years
Min: 14.87   Med: 26.75   Max: 38.8
Current: 27.46


CSWYY's Pretax Margin % is ranked better than
91.96% of 1020 companies
in the Drug Manufacturers industry
Industry Median: 4.245 vs CSWYY: 27.46

China Shineway Pharmaceutical Group Pretax Margin % Historical Data

The historical data trend for China Shineway Pharmaceutical 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.

* Premium members only.

China Shineway Pharmaceutical Group Pretax Margin % Chart

China Shineway Pharmaceutical Group 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 23.75 14.87 22.34 23.21 27.46

China Shineway Pharmaceutical Group 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 20.35 22.66 23.68 27.99 26.87

Competitive Comparison of China Shineway Pharmaceutical Group's Pretax Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, China Shineway Pharmaceutical 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.


China Shineway Pharmaceutical Group's Pretax Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, China Shineway Pharmaceutical Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where China Shineway Pharmaceutical Group's Pretax Margin % falls into.



China Shineway Pharmaceutical 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.

China Shineway Pharmaceutical Group'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 )
=173.7/632.551
=27.46 %

China Shineway Pharmaceutical Group'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 )
=79.685/296.61
=26.87 %

* 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.


China Shineway Pharmaceutical Group  (OTCPK:CSWYY) 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.


China Shineway Pharmaceutical Group Pretax Margin % Related Terms

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China Shineway Pharmaceutical Group (China Shineway Pharmaceutical Group) Business Description

Traded in Other Exchanges
Address
Luan Cheng, Hebei Province, Shijiazhuang, CHN
China Shineway Pharmaceutical Group Ltd is an investment holding company in the People's Republic of China. Principally, it is engaged in the research, development, manufacturing, and trading of modern Chinese medicines. The company's products comprise injection, soft capsule, granule, and others of which injection generates maximum revenue to the company.

China Shineway Pharmaceutical Group (China Shineway Pharmaceutical Group) Headlines