GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Bestechnic (Shanghai) Co Ltd (SHSE:688608) » Definitions » Pretax Margin %

Bestechnic (Shanghai) Co (SHSE:688608) Pretax Margin % : 4.23% (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Bestechnic (Shanghai) Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Bestechnic (Shanghai) Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥28 Mil. Bestechnic (Shanghai) Co's Revenue for the three months ended in Mar. 2024 was ¥653 Mil. Therefore, Bestechnic (Shanghai) Co's pretax margin for the quarter that ended in Mar. 2024 was 4.23%.

The historical rank and industry rank for Bestechnic (Shanghai) Co's Pretax Margin % or its related term are showing as below:

SHSE:688608' s Pretax Margin % Range Over the Past 10 Years
Min: -169.8   Med: 8.36   Max: 23.22
Current: 6.24


SHSE:688608's Pretax Margin % is ranked better than
53.45% of 986 companies
in the Semiconductors industry
Industry Median: 5.235 vs SHSE:688608: 6.24

Bestechnic (Shanghai) Co Pretax Margin % Historical Data

The historical data trend for Bestechnic (Shanghai) 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.

Bestechnic (Shanghai) Co Pretax Margin % Chart

Bestechnic (Shanghai) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 10.58 18.84 23.22 8.36 5.72

Bestechnic (Shanghai) 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 -0.17 9.50 10.53 1.01 4.23

Competitive Comparison of Bestechnic (Shanghai) Co's Pretax Margin %

For the Semiconductors subindustry, Bestechnic (Shanghai) 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.


Bestechnic (Shanghai) Co's Pretax Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Bestechnic (Shanghai) Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Bestechnic (Shanghai) Co's Pretax Margin % falls into.



Bestechnic (Shanghai) 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.

Bestechnic (Shanghai) 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 )
=124.377/2176.277
=5.72 %

Bestechnic (Shanghai) 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 )
=27.612/653.188
=4.23 %

* 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.


Bestechnic (Shanghai) Co  (SHSE:688608) 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.


Bestechnic (Shanghai) Co Pretax Margin % Related Terms

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


Bestechnic (Shanghai) Co (SHSE:688608) Business Description

Traded in Other Exchanges
N/A
Address
No. 800, Huanhu West 2nd Road, Room 904, Lingang New Area, Pilot Free Trade Zone, Shanghai, CHN, 201203
Bestechnic (Shanghai) Co Ltd is engaged in the research and development, design and sales of smart audio SoC chips. It provides customers with edge smart master control platform chips with voice interaction capabilities in AIoT scenarios. The products are widely used in smart Bluetooth headsets, Type-C headsets, smart speakers and other devices.
Executives
Ding Xiao Peng Core technical personnel

Bestechnic (Shanghai) Co (SHSE:688608) Headlines

No Headlines