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Xianheng International Science & Technology Co (SHSE:605056) Pretax Margin % : 2.64% (As of Mar. 2024)


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What is Xianheng International Science & Technology Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Xianheng International Science & Technology Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥12 Mil. Xianheng International Science & Technology Co's Revenue for the three months ended in Mar. 2024 was ¥438 Mil. Therefore, Xianheng International Science & Technology Co's pretax margin for the quarter that ended in Mar. 2024 was 2.64%.

The historical rank and industry rank for Xianheng International Science & Technology Co's Pretax Margin % or its related term are showing as below:

SHSE:605056' s Pretax Margin % Range Over the Past 10 Years
Min: 4.54   Med: 15.47   Max: 20.85
Current: 4.54


SHSE:605056's Pretax Margin % is ranked worse than
59.45% of 2974 companies
in the Industrial Products industry
Industry Median: 6.525 vs SHSE:605056: 4.54

Xianheng International Science & Technology Co Pretax Margin % Historical Data

The historical data trend for Xianheng International Science & Technology 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.

Xianheng International Science & Technology Co Pretax Margin % Chart

Xianheng International Science & Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 16.34 16.18 13.72 13.54 4.99

Xianheng International Science & Technology Co Quarterly Data
Dec17 Dec18 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 5.88 3.69 5.39 5.17 2.64

Competitive Comparison of Xianheng International Science & Technology Co's Pretax Margin %

For the Tools & Accessories subindustry, Xianheng International Science & Technology 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.


Xianheng International Science & Technology Co's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xianheng International Science & Technology Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Xianheng International Science & Technology Co's Pretax Margin % falls into.



Xianheng International Science & Technology 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.

Xianheng International Science & Technology 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 )
=146.192/2927.926
=4.99 %

Xianheng International Science & Technology 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 )
=11.566/438.077
=2.64 %

* 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.


Xianheng International Science & Technology Co  (SHSE:605056) 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.


Xianheng International Science & Technology Co Pretax Margin % Related Terms

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Xianheng International Science & Technology Co (SHSE:605056) Business Description

Traded in Other Exchanges
N/A
Address
Room E10, No.889 Jiangcheng Road, Shangcheng District, Zhejiang Province, Hangzhou, CHN, 310009
Xianheng International Science & Technology Co Ltd is an intensive MRO supplier of tools, instruments and other products. It mainly serves the power industry and also involves emergency, railway, urban rail transit, petroleum and petrochemicals and other fields. It specializes in the research and development, production, sales and technical services of independent products in the mentioned fields.

Xianheng International Science & Technology Co (SHSE:605056) Headlines

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