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Goneo Group Co (SHSE:603195) Pretax Margin % : 29.22% (As of Mar. 2024)


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What is Goneo Group Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Goneo Group Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥1,111 Mil. Goneo Group Co's Revenue for the three months ended in Mar. 2024 was ¥3,803 Mil. Therefore, Goneo Group Co's pretax margin for the quarter that ended in Mar. 2024 was 29.22%.

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

SHSE:603195' s Pretax Margin % Range Over the Past 10 Years
Min: 20.87   Med: 26.84   Max: 31.06
Current: 29.55


SHSE:603195's Pretax Margin % is ranked better than
96.3% of 2971 companies
in the Industrial Products industry
Industry Median: 6.43 vs SHSE:603195: 29.55

Goneo Group Co Pretax Margin % Historical Data

The historical data trend for Goneo Group 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.

Goneo Group Co Pretax Margin % Chart

Goneo Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 26.84 27.41 26.85 26.66 28.90

Goneo Group 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 26.14 30.40 29.70 28.82 29.22

Competitive Comparison of Goneo Group Co's Pretax Margin %

For the Electrical Equipment & Parts subindustry, Goneo Group 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.


Goneo Group Co's Pretax Margin % Distribution in the Industrial Products Industry

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

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



Goneo Group 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.

Goneo Group 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 )
=4536.335/15694.756
=28.90 %

Goneo Group 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 )
=1111.333/3802.785
=29.22 %

* 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.


Goneo Group Co  (SHSE:603195) 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.


Goneo Group Co Pretax Margin % Related Terms

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Goneo Group Co (SHSE:603195) Business Description

Traded in Other Exchanges
N/A
Address
No. 32 Sanhai Road, East Guanhaiwei Industrial Zone, Guanhaiwei Town, Zhejiang Province, Cixi, CHN, 315314
Gongniu Group Co Ltd is engaged in the research, development, manufacture, and sale of civil electrical products such as extended line sockets, wall switches, LED lighting, and digital accessories. The company's products include Power Strips, High-end Power Strip, USB Power Strip, Digital Accessories, Decorative Switch Socket, and Eye-care LED Light.

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