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Baoji Titanium Industry Co (SHSE:600456) Pretax Margin % : 1.77% (As of Dec. 2023)


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What is Baoji Titanium Industry Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Baoji Titanium Industry Co's Pre-Tax Income for the three months ended in Dec. 2023 was ¥23 Mil. Baoji Titanium Industry Co's Revenue for the three months ended in Dec. 2023 was ¥1,316 Mil. Therefore, Baoji Titanium Industry Co's pretax margin for the quarter that ended in Dec. 2023 was 1.77%.

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

SHSE:600456' s Pretax Margin % Range Over the Past 10 Years
Min: -8.29   Med: 6.7   Max: 13.12
Current: 10.83


SHSE:600456's Pretax Margin % is ranked better than
73.17% of 861 companies
in the Metals & Mining industry
Industry Median: 0.83 vs SHSE:600456: 10.83

Baoji Titanium Industry Co Pretax Margin % Historical Data

The historical data trend for Baoji Titanium 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.

Baoji Titanium Industry Co Pretax Margin % Chart

Baoji Titanium 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 7.77 10.88 13.12 11.25 10.83

Baoji Titanium Industry Co 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 5.07 9.97 16.85 12.15 1.77

Competitive Comparison of Baoji Titanium Industry Co's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, Baoji Titanium 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.


Baoji Titanium Industry Co's Pretax Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Baoji Titanium Industry Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Baoji Titanium Industry Co's Pretax Margin % falls into.



Baoji Titanium 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.

Baoji Titanium 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 )
=750.412/6927.226
=10.83 %

Baoji Titanium Industry Co'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 )
=23.35/1315.983
=1.77 %

* 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.


Baoji Titanium Industry Co  (SHSE:600456) 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.


Baoji Titanium Industry Co Pretax Margin % Related Terms

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Baoji Titanium Industry Co (SHSE:600456) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Taicheng Road, Baoji, Shanxi, CHN, 721014
Baoji Titanium Industry Co Ltd is a China-based company engaged in the production of titanium and titanium alloys. Its products include billets, bars, rods, wires, discs, rings, ingots, sheets and plates, forgings, slabs, wires, castings, and rare metals. Its products are used in aerospace, aviation, shipbuilding, fossil fuels, and medical industries.

Baoji Titanium Industry Co (SHSE:600456) Headlines

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