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CNSIG Inner Mongolia Chemical Industry Co (SHSE:600328) Pretax Margin % : 3.20% (As of Mar. 2024)


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What is CNSIG Inner Mongolia Chemical Industry Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. CNSIG Inner Mongolia Chemical Industry Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥85 Mil. CNSIG Inner Mongolia Chemical Industry Co's Revenue for the three months ended in Mar. 2024 was ¥2,653 Mil. Therefore, CNSIG Inner Mongolia Chemical Industry Co's pretax margin for the quarter that ended in Mar. 2024 was 3.20%.

The historical rank and industry rank for CNSIG Inner Mongolia Chemical Industry Co's Pretax Margin % or its related term are showing as below:

SHSE:600328' s Pretax Margin % Range Over the Past 10 Years
Min: -3.83   Med: 12.96   Max: 16.58
Current: 9.14


SHSE:600328's Pretax Margin % is ranked better than
63.99% of 1533 companies
in the Chemicals industry
Industry Median: 5.64 vs SHSE:600328: 9.14

CNSIG Inner Mongolia Chemical Industry Co Pretax Margin % Historical Data

The historical data trend for CNSIG Inner Mongolia Chemical Industry 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.

CNSIG Inner Mongolia Chemical Industry Co Pretax Margin % Chart

CNSIG Inner Mongolia Chemical Industry Co 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 12.61 7.63 15.88 16.58 13.37

CNSIG Inner Mongolia Chemical Industry Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.21 11.43 7.15 12.73 3.20

Competitive Comparison of CNSIG Inner Mongolia Chemical Industry Co's Pretax Margin %

For the Chemicals subindustry, CNSIG Inner Mongolia Chemical Industry 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.


CNSIG Inner Mongolia Chemical Industry Co's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, CNSIG Inner Mongolia Chemical Industry Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where CNSIG Inner Mongolia Chemical Industry Co's Pretax Margin % falls into.



CNSIG Inner Mongolia Chemical Industry 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.

CNSIG Inner Mongolia Chemical Industry 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 )
=2152.279/16100.784
=13.37 %

CNSIG Inner Mongolia Chemical Industry Co's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=84.891/2653.395
=3.20 %

* 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.


CNSIG Inner Mongolia Chemical Industry Co  (SHSE:600328) 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.


CNSIG Inner Mongolia Chemical Industry Co Pretax Margin % Related Terms

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CNSIG Inner Mongolia Chemical Industry Co (SHSE:600328) Business Description

Traded in Other Exchanges
N/A
Address
Alxa Left Banner, Alashan Economic Development Zone, Wustai Town, Inner Mongolia Autonomous Region, Alxa, CHN, 750333
CNSIG Inner Mongolia Chemical Industry Co Ltd is engaged in production of salt chemicals such as sodium metal, soda ash, PVC, caustic soda, paste resin. The company produces and sells iodized edible salt, chemical raw material salt, bath salt, fruit and vegetable washing salt, agricultural and animal husbandry and fishery salt products; natural carotene series products, salt algae powder, spirulina products, salt field biological products.

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