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Quality Online Education Group (Quality Online Education Group) Pretax Margin % : -202.56% (As of May. 2023)


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What is Quality Online Education Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Quality Online Education Group's Pre-Tax Income for the three months ended in May. 2023 was $-2.61 Mil. Quality Online Education Group's Revenue for the three months ended in May. 2023 was $1.29 Mil. Therefore, Quality Online Education Group's pretax margin for the quarter that ended in May. 2023 was -202.56%.

The historical rank and industry rank for Quality Online Education Group's Pretax Margin % or its related term are showing as below:

QOEG' s Pretax Margin % Range Over the Past 10 Years
Min: -5533.33   Med: -330.15   Max: 27.91
Current: -133.28


QOEG's Pretax Margin % is ranked worse than
96.59% of 264 companies
in the Education industry
Industry Median: 6.735 vs QOEG: -133.28

Quality Online Education Group Pretax Margin % Historical Data

The historical data trend for Quality Online Education 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.

Quality Online Education Group Pretax Margin % Chart

Quality Online Education Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Aug13 Aug14 Aug21 Aug22
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 24.30 27.91 -434.44 -225.86

Quality Online Education Group Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
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 -96.86 -45.77 -109.48 -111.19 -202.56

Competitive Comparison of Quality Online Education Group's Pretax Margin %

For the Education & Training Services subindustry, Quality Online Education 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.


Quality Online Education Group's Pretax Margin % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Quality Online Education Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Quality Online Education Group's Pretax Margin % falls into.



Quality Online Education 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.

Quality Online Education Group's Pretax Margin for the fiscal year that ended in Aug. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Aug. 2022 )/Revenue (A: Aug. 2022 )
=-3.79/1.678
=-225.86 %

Quality Online Education Group's Pretax Margin for the quarter that ended in May. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: May. 2023 )/Revenue (Q: May. 2023 )
=-2.613/1.29
=-202.56 %

* 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.


Quality Online Education Group  (OTCPK:QOEG) 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.


Quality Online Education Group Pretax Margin % Related Terms

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Quality Online Education Group (Quality Online Education Group) Business Description

Traded in Other Exchanges
N/A
Address
55 Commerce Valley Dr. West, Thornhill, ON, CAN, L3T7V9
Quality Online Education Group Inc is a e-Learning company that provides comprehensive online English lessons to students in China and expanding to other markets where English education is sought after. The company is a pioneer and industry leader in providing real-time online small group classes. The main business scope of the Group includes K12 English Online education services, courseware development and education-technology platform development. The students achieve noticeable and quantifiable results, by delivery of quality education from passionate team of teachers and teaching assistants, based in North America and the Philippines.
Executives
Amanda Anderson director UNITS 2611-13A, 26/F, 113 ARGYLE STREET, MONGKOK, KOWLOON K3 SAR
Fu Kei Man Derek director 2611-13A, 26/F, 113 ARGYLE STREET, MONGKOK, KOWLOON K3 SAR
Yin Yee Tso director, officer: Chief Operating Officer UNITS 2611-13A, 26/F, 113 ARGYLE STREET, MONGKOK, KOWLOON K3 SAR
Wing Yee Tong 10 percent owner UNITS 2611-13A, 26/F, 113 ARGYLE STREET, MONGKOK, KOWLOON K3 SAR
Lai Ying Li director, officer: Chairman, CEO, CFO and Sec. UNITS 2611-13A, 26/F, 113 ARGYLE STREET, MONGKOK, KOWLOON K3 SAR
Wing Shan Tong 10 percent owner UNITS 2611-13A, 26/F, 113 ARGYLE STREET, MONGKOK, KOWLOON K3 SAR
Yiu Kwong Pang director UNITS 2611-13A, 26/F, 113 ARGYLE STREET, MONGKOK, KOWLOON K3 SAR