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AVIC Airborne Systems Co (SHSE:600372) Pretax Margin % : 9.68% (As of Mar. 2024)


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What is AVIC Airborne Systems Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. AVIC Airborne Systems Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥546 Mil. AVIC Airborne Systems Co's Revenue for the three months ended in Mar. 2024 was ¥5,643 Mil. Therefore, AVIC Airborne Systems Co's pretax margin for the quarter that ended in Mar. 2024 was 9.68%.

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

SHSE:600372' s Pretax Margin % Range Over the Past 10 Years
Min: 6.95   Med: 8.31   Max: 10.93
Current: 7.97


SHSE:600372's Pretax Margin % is ranked better than
60.73% of 303 companies
in the Aerospace & Defense industry
Industry Median: 5.72 vs SHSE:600372: 7.97

AVIC Airborne Systems Co Pretax Margin % Historical Data

The historical data trend for AVIC Airborne Systems 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.

AVIC Airborne Systems Co Pretax Margin % Chart

AVIC Airborne Systems 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 7.56 8.23 8.95 6.95 7.78

AVIC Airborne Systems Co 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 8.62 10.09 10.14 3.07 9.68

Competitive Comparison of AVIC Airborne Systems Co's Pretax Margin %

For the Aerospace & Defense subindustry, AVIC Airborne Systems 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.


AVIC Airborne Systems Co's Pretax Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AVIC Airborne Systems Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where AVIC Airborne Systems Co's Pretax Margin % falls into.



AVIC Airborne Systems 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.

AVIC Airborne Systems 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 )
=2256.688/29006.921
=7.78 %

AVIC Airborne Systems Co'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 )
=546.015/5642.632
=9.68 %

* 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.


AVIC Airborne Systems Co  (SHSE:600372) 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.


AVIC Airborne Systems Co Pretax Margin % Related Terms

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AVIC Airborne Systems Co (SHSE:600372) Business Description

Traded in Other Exchanges
N/A
Address
Jinghai 2nd Road, Beijing Economic and Technological Development Zone, Building 8, Yard 29, Beijing, CHN
AVIC Airborne Systems Co Ltd Formerly China Avionics Systems Co Ltd engages in the research and development, production, sale, and services of engine auxiliary machinery systems and equipment for aviation. The company has aviation and armament equipment, military transport aircraft, helicopters, airborne systems and auto parts, general aviation, aviation research, flight testing, aviation supply chain and military trade, asset management, finance, engineering construction, automotive and other industries. The company also provides property leasing, technical, and consultancy services.

AVIC Airborne Systems Co (SHSE:600372) Headlines

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