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Changzhou Fusion New Material Co (SHSE:688503) Pre-Tax Income : ¥454 Mil (TTM As of Mar. 2024)


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What is Changzhou Fusion New Material Co Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Changzhou Fusion New Material Co's pretax income for the three months ended in Mar. 2024 was ¥91 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was ¥454 Mil. Changzhou Fusion New Material Co's pretax margin was 3.07%.

During the past 6 years, Changzhou Fusion New Material Co's highest Pretax Margin was 8.78%. The lowest was 1.78%. And the median was 5.41%.


Changzhou Fusion New Material Co Pre-Tax Income Historical Data

The historical data trend for Changzhou Fusion New Material Co's Pre-Tax Income 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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Changzhou Fusion New Material Co Pre-Tax Income Chart

Changzhou Fusion New Material Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial 78.51 139.46 266.83 427.79 498.09

Changzhou Fusion New Material Co Quarterly Data
Dec18 Dec19 Mar20 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income 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 135.01 162.96 197.68 2.44 90.76

Competitive Comparison of Changzhou Fusion New Material Co's Pre-Tax Income

For the Solar subindustry, Changzhou Fusion New Material Co's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


Changzhou Fusion New Material Co's Pre-Tax Income Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Changzhou Fusion New Material Co's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Changzhou Fusion New Material Co's Pre-Tax Income falls into.



Changzhou Fusion New Material Co Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Changzhou Fusion New Material Co's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=602.007+0+-41.218+11.583+-74.283
=498

Changzhou Fusion New Material Co's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=145.215+0+-1.291+-6.441+-46.723
=91

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥454 Mil.

* 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.


Changzhou Fusion New Material Co  (SHSE:688503) Pre-Tax Income Explanation

Changzhou Fusion New Material Co's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=90.76/2953.156
=3.07%

During the past 6 years, Changzhou Fusion New Material Co's highest Pretax Margin was 8.78%. The lowest was 1.78%. And the median was 5.41%.

* 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.


Changzhou Fusion New Material Co Pre-Tax Income Related Terms

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Changzhou Fusion New Material Co (SHSE:688503) Business Description

Traded in Other Exchanges
N/A
Address
No. 66 Liuyanghe Road, Xinbei District, Jiangsu Province, Changzhou, CHN, 213031
Changzhou Fusion New Material Co Ltd specializes in the research and development, production and sales of new electronic pastes. The company's main product is front silver paste for solar cells. Front silver paste is a functional material based on silver powder, which is the key material for the preparation of solar cell metal electrodes. Its product performance and preparation process are directly related to the photoelectric conversion efficiency of solar cells.
Executives
Ren Yi Chao Core technical personnel

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