Shenzhen Fortune Trend Technology Co (SHSE:688318) Pretax Margin % : 71.19% (As of Dec. 2023)

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What is Shenzhen Fortune Trend Technology Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Shenzhen Fortune Trend Technology Co's Pre-Tax Income for the three months ended in Dec. 2023 was ¥132.4 Mil. Shenzhen Fortune Trend Technology Co's Revenue for the three months ended in Dec. 2023 was ¥186.0 Mil. Therefore, Shenzhen Fortune Trend Technology Co's pretax margin for the quarter that ended in Dec. 2023 was 71.19%.

The historical rank and industry rank for Shenzhen Fortune Trend Technology Co's Pretax Margin % or its related term are showing as below:

SHSE:688318' s Pretax Margin % Range Over the Past 10 Years
Min: 53.19 Med: 84.53 Max: 101.28
Current: 82.21

SHSE:688318's Pretax Margin % is ranked better than
99.17% of 2760 companies
in the Software industry
Industry Median: 2.195 vs SHSE:688318: 82.21

Shenzhen Fortune Trend Technology Co Pretax Margin % Historical Data

The historical data trend for Shenzhen Fortune Trend Technology 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.

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Shenzhen Fortune Trend Technology Co Pretax Margin % Chart

Shenzhen Fortune Trend Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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89.15

101.28

100.13

53.19

82.21

Shenzhen Fortune Trend Technology 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															77.72	98.16	86.58	88.63	71.19

Competitive Comparison of Shenzhen Fortune Trend Technology Co's Pretax Margin %

For the Software - Application subindustry, Shenzhen Fortune Trend Technology 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.

Shenzhen Fortune Trend Technology Co's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Shenzhen Fortune Trend Technology Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Shenzhen Fortune Trend Technology Co's Pretax Margin % falls into.

Shenzhen Fortune Trend Technology 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.

Shenzhen Fortune Trend Technology 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 )
	=	357.323	/	434.671
	=	82.21 %

Shenzhen Fortune Trend Technology 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 )
	=	132.439	/	186.034
	=	71.19 %

Shenzhen Fortune Trend Technology Co (SHSE:688318) 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.

Shenzhen Fortune Trend Technology Co Pretax Margin % Related Terms

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Shenzhen Fortune Trend Technology Co (SHSE:688318) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shenzhen Fortune Trend Technology Co Ltd (SHSE:688318) » Definitions » Pretax Margin %

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Traded in Other Exchanges

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Address

No. 10 Kaifeng Road, Meilin Street, Room 808, 8th Floor, Huachao Building, Meilin Community, Guangdong, Futian District, Shenzhen, CHN, 518049

Website

https://www.tdx.com.cn

Shenzhen Fortune Trend Technology Co Ltd is engaged in research and development of securities analysis systems and computer communication systems. It provides securities investment analysis system for securities institutions and investors under the brand Tongdaxin. Tongdaxin's well-known online trading products are: China Merchants Securities Zhiyuan One Account, Guoxin Securities Golden Sun Edition, CITIC Securities Zhixin All-rounder, GF Securities Financial Terminal, Galaxy Securities Neptune, Guotai Junan Securities Fuyi, among others.

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