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Chemclin Diagnostics Co (SHSE:688468) Pretax Margin % : 37.96% (As of Mar. 2024)


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What is Chemclin Diagnostics Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Chemclin Diagnostics Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥42.3 Mil. Chemclin Diagnostics Co's Revenue for the three months ended in Mar. 2024 was ¥111.4 Mil. Therefore, Chemclin Diagnostics Co's pretax margin for the quarter that ended in Mar. 2024 was 37.96%.

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

SHSE:688468' s Pretax Margin % Range Over the Past 10 Years
Min: -131.94   Med: 34.45   Max: 38.12
Current: 37.2


SHSE:688468's Pretax Margin % is ranked better than
99.08% of 218 companies
in the Medical Diagnostics & Research industry
Industry Median: -12.805 vs SHSE:688468: 37.20

Chemclin Diagnostics Co Pretax Margin % Historical Data

The historical data trend for Chemclin Diagnostics 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.

Chemclin Diagnostics Co Pretax Margin % Chart

Chemclin Diagnostics Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 35.11 32.39 34.45 38.12 37.30

Chemclin Diagnostics Co Quarterly Data
Dec18 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 38.48 39.58 40.21 29.76 37.96

Competitive Comparison of Chemclin Diagnostics Co's Pretax Margin %

For the Diagnostics & Research subindustry, Chemclin Diagnostics 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.


Chemclin Diagnostics Co's Pretax Margin % Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Chemclin Diagnostics Co's Pretax Margin % distribution charts can be found below:

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



Chemclin Diagnostics 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.

Chemclin Diagnostics 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 )
=166.12/445.341
=37.30 %

Chemclin Diagnostics 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 )
=42.284/111.391
=37.96 %

* 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.


Chemclin Diagnostics Co  (SHSE:688468) 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.


Chemclin Diagnostics Co Pretax Margin % Related Terms

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Chemclin Diagnostics Co (SHSE:688468) Business Description

Traded in Other Exchanges
N/A
Address
No. 7 Fengxian Middle Road, 6th & 7th Floor Incubator Building, Beike Modern Manufacturing Park, Yongfeng Base, Haidian District, Beijing, CHN, 100094
Chemclin Diagnostics Co Ltd is engaged in the development, production and sales of clinical immunochemiluminescence diagnostic testing reagents and instruments.

Chemclin Diagnostics Co (SHSE:688468) Headlines

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