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Harbin Electric Co (FRA:HP6H) Pretax Margin % : 3.90% (As of Dec. 2023)


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What is Harbin Electric Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Harbin Electric Co's Pre-Tax Income for the six months ended in Dec. 2023 was €77 Mil. Harbin Electric Co's Revenue for the six months ended in Dec. 2023 was €1,961 Mil. Therefore, Harbin Electric Co's pretax margin for the quarter that ended in Dec. 2023 was 3.90%.

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

FRA:HP6H' s Pretax Margin % Range Over the Past 10 Years
Min: -19.79   Med: 1.03   Max: 2.67
Current: 2.67


FRA:HP6H's Pretax Margin % is ranked worse than
67.48% of 2974 companies
in the Industrial Products industry
Industry Median: 6.52 vs FRA:HP6H: 2.67

Harbin Electric Co Pretax Margin % Historical Data

The historical data trend for Harbin Electric 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.

Harbin Electric Co Pretax Margin % Chart

Harbin Electric 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 0.96 0.32 -19.79 0.84 2.67

Harbin Electric Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 -45.53 1.06 0.63 1.27 3.90

Competitive Comparison of Harbin Electric Co's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Harbin Electric 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.


Harbin Electric Co's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Harbin Electric Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Harbin Electric Co's Pretax Margin % falls into.



Harbin Electric 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.

Harbin Electric 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 )
=98.762/3703.968
=2.67 %

Harbin Electric 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 )
=76.567/1961.092
=3.90 %

* 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.


Harbin Electric Co  (FRA:HP6H) 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.


Harbin Electric Co Pretax Margin % Related Terms

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Harbin Electric Co (FRA:HP6H) Business Description

Traded in Other Exchanges
Address
1399 Chuangxinyi Road, Songbei District, Heilongjiang Province, Harbin, CHN, 150028
Harbin Electric Co Ltd is a China-based manufacturer of power plant equipment. The company operates in six segments: Thermal power equipment, Hydropower equipment, Power station engineering services, Power station auxiliary equipment and ancillary products, Nuclear products, AC & DC motors, and others. Some of its products are grade boilers, steam turbines, steam turbine generators, voltage stabilizers, gasifiers, nuclear main pump motors, passive surplus drains, petrochemical vessels & axial fans, and power station auxiliary equipment. Its geographical segments are China, which accounts for the majority of revenue; Pakistan; the United Arab Emirates; Ecuador; Iraq; and other countries.

Harbin Electric Co (FRA:HP6H) Headlines

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