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Paranovus Entertainment Technology (Paranovus Entertainment Technology) Pretax Margin % : 154.88% (As of Sep. 2023)


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What is Paranovus Entertainment Technology Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Paranovus Entertainment Technology's Pre-Tax Income for the six months ended in Sep. 2023 was $9.75 Mil. Paranovus Entertainment Technology's Revenue for the six months ended in Sep. 2023 was $6.29 Mil. Therefore, Paranovus Entertainment Technology's pretax margin for the quarter that ended in Sep. 2023 was 154.88%.

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

PAVS' s Pretax Margin % Range Over the Past 10 Years
Min: -70.02   Med: 23.87   Max: 34.26
Current: -64.97


PAVS's Pretax Margin % is ranked worse than
93.59% of 1857 companies
in the Consumer Packaged Goods industry
Industry Median: 4.23 vs PAVS: -64.97

Paranovus Entertainment Technology Pretax Margin % Historical Data

The historical data trend for Paranovus Entertainment Technology'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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Paranovus Entertainment Technology Pretax Margin % Chart

Paranovus Entertainment Technology Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
Get a 7-Day Free Trial 34.26 23.87 2.31 -64.53 -70.02

Paranovus Entertainment Technology Semi-Annual Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -22.17 -111.15 -12.38 -82.00 154.88

Competitive Comparison of Paranovus Entertainment Technology's Pretax Margin %

For the Packaged Foods subindustry, Paranovus Entertainment Technology'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.


Paranovus Entertainment Technology's Pretax Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Paranovus Entertainment Technology's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Paranovus Entertainment Technology's Pretax Margin % falls into.



Paranovus Entertainment Technology 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.

Paranovus Entertainment Technology's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=-68.73/98.153
=-70.02 %

Paranovus Entertainment Technology's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=9.748/6.294
=154.88 %

* 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.


Paranovus Entertainment Technology  (NAS:PAVS) 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.


Paranovus Entertainment Technology Pretax Margin % Related Terms

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Paranovus Entertainment Technology (Paranovus Entertainment Technology) Business Description

Traded in Other Exchanges
N/A
Address
Number 11, Dongjiao East Road, Shuangxi, Shunchang, Fujian Province, Nanping, CHN, 353200
Paranovus Entertainment Technology Ltd is a nutraceutical and dietary supplements producer focused on the research, development, manufacturing, and marketing of products made from Chinese herbal extracts. The company's segment includes Healthcare products; Automobile; Online store and Internet information and advertising service. It generates maximum revenue from the Online store segment.