Hebei Yichen Industrial Group (HKSE:01596) Pretax Margin % : 15.00% (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Hebei Yichen Industrial Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hebei Yichen Industrial Group's Pre-Tax Income for the six months ended in Dec. 2023 was HK$107 Mil. Hebei Yichen Industrial Group's Revenue for the six months ended in Dec. 2023 was HK$715 Mil. Therefore, Hebei Yichen Industrial Group's pretax margin for the quarter that ended in Dec. 2023 was 15.00%.

The historical rank and industry rank for Hebei Yichen Industrial Group's Pretax Margin % or its related term are showing as below:

HKSE:01596' s Pretax Margin % Range Over the Past 10 Years
Min: 4.19 Med: 21.03 Max: 34.26
Current: 4.19

HKSE:01596's Pretax Margin % is ranked worse than
63.81% of 970 companies
in the Transportation industry
Industry Median: 7.115 vs HKSE:01596: 4.19

Hebei Yichen Industrial Group Pretax Margin % Historical Data

The historical data trend for Hebei Yichen Industrial Group'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.

Hebei Yichen Industrial Group Pretax Margin % Chart

Hebei Yichen Industrial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

Get a 7-Day Free Trial

20.02

25.95

20.86

14.58

4.19

Hebei Yichen Industrial Group Semi-Annual Data
	Dec13	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															23.68	12.79	16.47	-8.83	15.00

Competitive Comparison of Hebei Yichen Industrial Group's Pretax Margin %

For the Railroads subindustry, Hebei Yichen Industrial Group'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.

Hebei Yichen Industrial Group's Pretax Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hebei Yichen Industrial Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Hebei Yichen Industrial Group's Pretax Margin % falls into.

Hebei Yichen Industrial Group 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.

Hebei Yichen Industrial Group'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 )
	=	54.832	/	1308.319
	=	4.19 %

Hebei Yichen Industrial Group'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 )
	=	107.218	/	714.79
	=	15.00 %

Hebei Yichen Industrial Group (HKSE:01596) 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.

Hebei Yichen Industrial Group Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Hebei Yichen Industrial Group's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Hebei Yichen Industrial Group (HKSE:01596) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hebei Yichen Industrial Group Corp Ltd (HKSE:01596) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

HE2:Germany

Address

No. 1 Yichen North Street, Gaocheng District, Hebei Province, Shijiazhuang, CHN

Website

http://www.hbyc.com.cn

Hebei Yichen Industrial Group Corp Ltd is one of the leading rail fastening system providers in the PRC, with the business focusing on three business segments namely Rail Fastening System Products; Welding Wire Products; and Railway Sleeper Products. Its maximum revenue is generated by the Rail fastening system segment. Some of its product includes the Spring bar type IV fastener system; the WJ-7 type fastener system; the DT-VI2 fastener system; Double-layer nonlinear shock-absorbing fastener system; the Spring bar II type fastener system and others.

Executives

Brainstorming Cafe Limited	2201 Interest of corporation controlled by you
Flowing Cloud Technology Ltd	2101 Beneficial owner
Lyh. Ltd.	2201 Interest of corporation controlled by you
Wanglei Co., Ltd.	2201 Interest of corporation controlled by you
Cyber Warrior Holdings Limited	2201 Interest of corporation controlled by you
Vistra Trust (singapore) Pte. Limited	2201 Interest of corporation controlled by you
Wang Lei	2201 Interest of corporation controlled by you
Feng Da Sha	2202 Interest of your spouse
Zhang Zi Mo	2202 Interest of your spouse
Li Yan Hao	2201 Interest of corporation controlled by you
Guo Zhong Yan	2101 Beneficial owner
Sino Wealthy Limited	2101 Beneficial owner

Hebei Yichen Industrial Group (HKSE:01596) Headlines

No Headlines