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Shanghai Chlor-alkali Chemical Co (SHSE:600618) Pretax Margin % : 15.32% (As of Dec. 2023)


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What is Shanghai Chlor-alkali Chemical Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Shanghai Chlor-alkali Chemical Co's Pre-Tax Income for the three months ended in Dec. 2023 was ¥297 Mil. Shanghai Chlor-alkali Chemical Co's Revenue for the three months ended in Dec. 2023 was ¥1,941 Mil. Therefore, Shanghai Chlor-alkali Chemical Co's pretax margin for the quarter that ended in Dec. 2023 was 15.32%.

The historical rank and industry rank for Shanghai Chlor-alkali Chemical Co's Pretax Margin % or its related term are showing as below:

SHSE:600618' s Pretax Margin % Range Over the Past 10 Years
Min: -8.31   Med: 13.42   Max: 30.12
Current: 12.28


SHSE:600618's Pretax Margin % is ranked better than
73.84% of 1533 companies
in the Chemicals industry
Industry Median: 5.64 vs SHSE:600618: 12.28

Shanghai Chlor-alkali Chemical Co Pretax Margin % Historical Data

The historical data trend for Shanghai Chlor-alkali Chemical 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.

Shanghai Chlor-alkali Chemical Co Pretax Margin % Chart

Shanghai Chlor-alkali Chemical 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 13.22 13.61 30.12 23.64 12.28

Shanghai Chlor-alkali Chemical 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 17.84 14.02 7.70 12.00 15.32

Competitive Comparison of Shanghai Chlor-alkali Chemical Co's Pretax Margin %

For the Chemicals subindustry, Shanghai Chlor-alkali Chemical 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.


Shanghai Chlor-alkali Chemical Co's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shanghai Chlor-alkali Chemical Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Shanghai Chlor-alkali Chemical Co's Pretax Margin % falls into.



Shanghai Chlor-alkali Chemical 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.

Shanghai Chlor-alkali Chemical 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 )
=885.917/7213.871
=12.28 %

Shanghai Chlor-alkali Chemical 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 )
=297.37/1940.685
=15.32 %

* 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.


Shanghai Chlor-alkali Chemical Co  (SHSE:600618) 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.


Shanghai Chlor-alkali Chemical Co Pretax Margin % Related Terms

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Shanghai Chlor-alkali Chemical Co (SHSE:600618) Business Description

Traded in Other Exchanges
Address
4747 Longwu Road, Shanghai, CHN, 00241
Shanghai Chlor-alkali Chemical Co Ltd produces chemical products. The company's product portfolio includes sodium hydroxide, chlorine, chlorine products, polyvinyl chloride plastics resin and the products. It is focused on export markets in the Middle East, South America, and Africa for its sales performance. Its majority of revenues are from the production and sale of Chlorine products.

Shanghai Chlor-alkali Chemical Co (SHSE:600618) Headlines

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