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Ningbo Zhoushan Port Co (SHSE:601018) Pretax Margin % : 14.49% (As of Dec. 2023)


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What is Ningbo Zhoushan Port Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ningbo Zhoushan Port Co's Pre-Tax Income for the three months ended in Dec. 2023 was ¥982 Mil. Ningbo Zhoushan Port Co's Revenue for the three months ended in Dec. 2023 was ¥6,776 Mil. Therefore, Ningbo Zhoushan Port Co's pretax margin for the quarter that ended in Dec. 2023 was 14.49%.

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

SHSE:601018' s Pretax Margin % Range Over the Past 10 Years
Min: 18.34   Med: 22.06   Max: 27.42
Current: 24.12


SHSE:601018's Pretax Margin % is ranked better than
84.26% of 972 companies
in the Transportation industry
Industry Median: 6.955 vs SHSE:601018: 24.12

Ningbo Zhoushan Port Co Pretax Margin % Historical Data

The historical data trend for Ningbo Zhoushan Port 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.

Ningbo Zhoushan Port Co Pretax Margin % Chart

Ningbo Zhoushan Port 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 18.71 22.44 25.76 23.15 24.12

Ningbo Zhoushan Port 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 17.97 24.34 26.16 31.39 14.49

Competitive Comparison of Ningbo Zhoushan Port Co's Pretax Margin %

For the Marine Shipping subindustry, Ningbo Zhoushan Port 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.


Ningbo Zhoushan Port Co's Pretax Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Ningbo Zhoushan Port Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Ningbo Zhoushan Port Co's Pretax Margin % falls into.



Ningbo Zhoushan Port 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.

Ningbo Zhoushan Port 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 )
=6270.571/25993.2
=24.12 %

Ningbo Zhoushan Port 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 )
=981.831/6776.375
=14.49 %

* 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.


Ningbo Zhoushan Port Co  (SHSE:601018) 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.


Ningbo Zhoushan Port Co Pretax Margin % Related Terms

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Ningbo Zhoushan Port Co (SHSE:601018) Business Description

Traded in Other Exchanges
N/A
Address
No. 269, Ningdong Road, No. 1-4, Ningbo Global Shipping Plaza, Jiangdong District, Zhejiang Province, Ningbo, CHN, 315800
Ningbo Zhoushan Port Co Ltd operates in the ports of Ningbo and Zhoushan, China. The Company handles containers, minerals, crude oil, liquid chemical products and other goods. The company also provides port leasing, ship agency and logistics services.

Ningbo Zhoushan Port Co (SHSE:601018) Headlines

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