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Zhongjin Gold (SHSE:600489) Pretax Margin % : 8.86% (As of Mar. 2024)


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What is Zhongjin Gold Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Zhongjin Gold's Pre-Tax Income for the three months ended in Mar. 2024 was ¥1,166 Mil. Zhongjin Gold's Revenue for the three months ended in Mar. 2024 was ¥13,164 Mil. Therefore, Zhongjin Gold's pretax margin for the quarter that ended in Mar. 2024 was 8.86%.

The historical rank and industry rank for Zhongjin Gold's Pretax Margin % or its related term are showing as below:

SHSE:600489' s Pretax Margin % Range Over the Past 10 Years
Min: 0.69   Med: 3.17   Max: 7.58
Current: 7.58


SHSE:600489's Pretax Margin % is ranked better than
69.53% of 860 companies
in the Metals & Mining industry
Industry Median: 0.585 vs SHSE:600489: 7.58

Zhongjin Gold Pretax Margin % Historical Data

The historical data trend for Zhongjin Gold'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.

Zhongjin Gold Pretax Margin % Chart

Zhongjin Gold 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 4.22 5.01 4.52 4.94 7.03

Zhongjin Gold 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 6.32 7.82 6.12 7.75 8.86

Competitive Comparison of Zhongjin Gold's Pretax Margin %

For the Gold subindustry, Zhongjin Gold'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.


Zhongjin Gold's Pretax Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Zhongjin Gold's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Zhongjin Gold's Pretax Margin % falls into.



Zhongjin Gold 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.

Zhongjin Gold'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 )
=4305.306/61263.636
=7.03 %

Zhongjin Gold'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 )
=1166.432/13164.078
=8.86 %

* 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.


Zhongjin Gold  (SHSE:600489) 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.


Zhongjin Gold Pretax Margin % Related Terms

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Zhongjin Gold (SHSE:600489) Business Description

Traded in Other Exchanges
N/A
Address
Beijing on the 9th Street, Dongcheng District, Beijing, CHN, 100011
Zhongjin Gold Corp Ltd engages in the mining, smelting, and sale of non-ferrous metals in China. Its products include gold, electrolytic silver and copper, sulfuric acid, and other products, as well as iron oxide pigments. The company operates its business in both the domestic and overseas market.
Executives
Xu Hong Director

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