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Hangzhou Hik-Vision Digital Technology Co (SZSE:002415) Pretax Margin % : 14.47% (As of Mar. 2024)


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What is Hangzhou Hik-Vision Digital Technology Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hangzhou Hik-Vision Digital Technology Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥2,577 Mil. Hangzhou Hik-Vision Digital Technology Co's Revenue for the three months ended in Mar. 2024 was ¥17,818 Mil. Therefore, Hangzhou Hik-Vision Digital Technology Co's pretax margin for the quarter that ended in Mar. 2024 was 14.47%.

The historical rank and industry rank for Hangzhou Hik-Vision Digital Technology Co's Pretax Margin % or its related term are showing as below:

SZSE:002415' s Pretax Margin % Range Over the Past 10 Years
Min: 17.86   Med: 24.51   Max: 30.21
Current: 18.02


SZSE:002415's Pretax Margin % is ranked better than
89.17% of 2465 companies
in the Hardware industry
Industry Median: 3.38 vs SZSE:002415: 18.02

Hangzhou Hik-Vision Digital Technology Co Pretax Margin % Historical Data

The historical data trend for Hangzhou Hik-Vision Digital 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.

Hangzhou Hik-Vision Digital Technology Co Pretax Margin % Chart

Hangzhou Hik-Vision Digital Technology 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 23.86 24.05 22.68 17.86 18.02

Hangzhou Hik-Vision Digital Technology 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 14.13 18.52 18.09 19.83 14.47

Competitive Comparison of Hangzhou Hik-Vision Digital Technology Co's Pretax Margin %

For the Computer Hardware subindustry, Hangzhou Hik-Vision Digital 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.


Hangzhou Hik-Vision Digital Technology Co's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hangzhou Hik-Vision Digital Technology Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Hangzhou Hik-Vision Digital Technology Co's Pretax Margin % falls into.



Hangzhou Hik-Vision Digital 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.

Hangzhou Hik-Vision Digital 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 )
=16098.924/89339.857
=18.02 %

Hangzhou Hik-Vision Digital 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 )
=2577.498/17817.55
=14.47 %

* 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.


Hangzhou Hik-Vision Digital Technology Co  (SZSE:002415) 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.


Hangzhou Hik-Vision Digital Technology Co Pretax Margin % Related Terms

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Hangzhou Hik-Vision Digital Technology Co (SZSE:002415) Business Description

Traded in Other Exchanges
N/A
Address
No.555 Qianmo Road, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310051
Hangzhou Hikvision Digital Technology is the world's largest manufacturer of video surveillance equipment. Since then, the company has been growing its software and analytics offerings, as customers are increasingly seeking customized total solutions. Hikvision is also developing its Innovative businesses, which accounted for 18% of overall 2022 revenue. The smart-home business is powered by the EZVIZ consumer brand. Innovative business includes the development of industrial robotics, automotive electronics, X-ray sensors, infrared sensors, memory products and medical systems. Hikvision employs more than 58,000 people.

Hangzhou Hik-Vision Digital Technology Co (SZSE:002415) Headlines

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