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Xiaomi (HKSE:01810) Pretax Margin % : 7.78% (As of Dec. 2023)


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What is Xiaomi Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Xiaomi's Pre-Tax Income for the three months ended in Dec. 2023 was HK$6,232 Mil. Xiaomi's Revenue for the three months ended in Dec. 2023 was HK$80,112 Mil. Therefore, Xiaomi's pretax margin for the quarter that ended in Dec. 2023 was 7.78%.

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

HKSE:01810' s Pretax Margin % Range Over the Past 10 Years
Min: -36.49   Med: 5.91   Max: 8.8
Current: 8.13


HKSE:01810's Pretax Margin % is ranked better than
68.7% of 2463 companies
in the Hardware industry
Industry Median: 3.59 vs HKSE:01810: 8.13

Xiaomi Pretax Margin % Historical Data

The historical data trend for Xiaomi'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.

Xiaomi Pretax Margin % Chart

Xiaomi Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 5.91 8.80 7.44 1.40 8.12

Xiaomi 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 5.76 9.20 7.36 8.30 7.78

Competitive Comparison of Xiaomi's Pretax Margin %

For the Consumer Electronics subindustry, Xiaomi'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.


Xiaomi's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Xiaomi's Pretax Margin % distribution charts can be found below:

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



Xiaomi 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.

Xiaomi'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 )
=24075.218/296381.419
=8.12 %

Xiaomi'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 )
=6231.754/80112.398
=7.78 %

* 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.


Xiaomi  (HKSE:01810) 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.


Xiaomi Pretax Margin % Related Terms

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Xiaomi (HKSE:01810) Business Description

Address
Anningzhuang Road, Xiaomi Campus, Haidian District, Beijing, CHN
Xiaomi is a technology product and services company founded in early 2010, focusing mainly on smartphones and Internet of Things products and related internet services. An early adopter of online smartphone sales, Xiaomi uses Android as its operating system but has its own customized user interface called MIUI. As competition in its home Chinese smartphone market intensified and growth has slowed, it has expanded into other markets and has become the smartphone market leader in India and is gaining market share in Europe. From 2020 to 2022, from a country perspective, around 50% of its overall revenue was generated in mainland China, down from 94% in 2015. The company listed on the Hong Kong market at the beginning of July 2018.

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