GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solareast Holdings Co Ltd (SHSE:603366) » Definitions » Pretax Margin %

Solareast Holdings Co (SHSE:603366) Pretax Margin % : -7.44% (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Solareast Holdings Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Solareast Holdings Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥-54 Mil. Solareast Holdings Co's Revenue for the three months ended in Mar. 2024 was ¥730 Mil. Therefore, Solareast Holdings Co's pretax margin for the quarter that ended in Mar. 2024 was -7.44%.

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

SHSE:603366' s Pretax Margin % Range Over the Past 10 Years
Min: -16.82   Med: 5.37   Max: 12.32
Current: 3.95


SHSE:603366's Pretax Margin % is ranked worse than
53.55% of 986 companies
in the Semiconductors industry
Industry Median: 5.27 vs SHSE:603366: 3.95

Solareast Holdings Co Pretax Margin % Historical Data

The historical data trend for Solareast Holdings 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.

Solareast Holdings Co Pretax Margin % Chart

Solareast Holdings 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 2.78 5.63 5.11 7.28 4.69

Solareast Holdings 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 -1.44 9.75 5.41 3.45 -7.44

Competitive Comparison of Solareast Holdings Co's Pretax Margin %

For the Solar subindustry, Solareast Holdings 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.


Solareast Holdings Co's Pretax Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solareast Holdings Co's Pretax Margin % distribution charts can be found below:

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



Solareast Holdings 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.

Solareast Holdings 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 )
=227.182/4842.143
=4.69 %

Solareast Holdings 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 )
=-54.348/730.442
=-7.44 %

* 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.


Solareast Holdings Co  (SHSE:603366) 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.


Solareast Holdings Co Pretax Margin % Related Terms

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


Solareast Holdings Co (SHSE:603366) Business Description

Traded in Other Exchanges
N/A
Address
Ninghai Industrial Zone, Lianyungang, Jiangsu Province, CHN, 222243
Solareast Holdings Co Ltd, formerly Jiangsu Sunrain Solar Energy Co Ltd operates in the solar energy industry. It is specialized in research and application of solar energy. The company's products are exported to more than 100 countries and regions all over the world. It provides solutions for healthy hot water and water purification system. The product range includes heat pipe collector R1, U pipe collector, domestic series heat pump, non-pressure solar water heater, pressurized pre-heated solar water heater and solar charger.
Executives
Xu Zhong senior management
Zhang Ya Ming senior management
Jiao Qing Tai senior management
Wan Xu Chang Directors, senior managers
Zhang Chao Director
Liu Wen Ling senior management
Zhang Liang Liang Director
Sun Ming Yang Directors, senior managers
Huang Yin Chuan Director
Zhu Ya Lin senior management
Li Jun senior management
Chen Rong Hua senior management
Li Li Gan senior management
Liu Wei Director
Yang Zhi Quan Supervisors

Solareast Holdings Co (SHSE:603366) Headlines

No Headlines