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LB Group Co (SZSE:002601) Pretax Margin % : 15.76% (As of Mar. 2024)


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What is LB Group Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. LB Group Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥1,149 Mil. LB Group Co's Revenue for the three months ended in Mar. 2024 was ¥7,294 Mil. Therefore, LB Group Co's pretax margin for the quarter that ended in Mar. 2024 was 15.76%.

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

SZSE:002601' s Pretax Margin % Range Over the Past 10 Years
Min: 3.55   Med: 18.39   Max: 29.51
Current: 15.93


SZSE:002601's Pretax Margin % is ranked better than
83.54% of 1531 companies
in the Chemicals industry
Industry Median: 5.52 vs SZSE:002601: 15.93

LB Group Co Pretax Margin % Historical Data

The historical data trend for LB Group 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.

LB Group Co Pretax Margin % Chart

LB Group 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 26.46 19.91 26.77 16.86 14.62

LB Group 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 10.73 13.02 16.02 18.83 15.76

Competitive Comparison of LB Group Co's Pretax Margin %

For the Specialty Chemicals subindustry, LB Group 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.


LB Group Co's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, LB Group Co's Pretax Margin % distribution charts can be found below:

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



LB Group 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.

LB Group 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 )
=3917.125/26793.894
=14.62 %

LB Group 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 )
=1149.444/7293.834
=15.76 %

* 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.


LB Group Co  (SZSE:002601) 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.


LB Group Co Pretax Margin % Related Terms

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LB Group Co (SZSE:002601) Business Description

Traded in Other Exchanges
N/A
Address
Fengfeng Office, Zhongzhan District, Henan Province, Jiaozuo, CHN, 454191
LB Group Co Ltd is a inorganic chemical enterprise concentrated on the development and manufacture of titanium and zirconium fine powder material. The company markets in the western industrial areas of China.
Executives
Yang Min Le Director
Chang Yi Li Director
Zhang Hai Tao Directors, executives
Xu Gang Director
Chen Jian Li Executives
Zhang Gang Supervisors
Shen Qing Fei Directors, executives
He Ben Liu Directors, executives
Wu Peng Sen Executives
Tan Rui Qing Director
Zhang Qi Bin Director
Fan Xian Guo Directors, executives
Zhao Yong Jun Supervisors
Feng Jun Supervisors
Jin San Liang Executives

LB Group Co (SZSE:002601) Headlines

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