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Long Young Electronic (Kunshan) Co (SZSE:301389) Pretax Margin % : 35.35% (As of Mar. 2024)


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What is Long Young Electronic (Kunshan) Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Long Young Electronic (Kunshan) Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥20.9 Mil. Long Young Electronic (Kunshan) Co's Revenue for the three months ended in Mar. 2024 was ¥59.1 Mil. Therefore, Long Young Electronic (Kunshan) Co's pretax margin for the quarter that ended in Mar. 2024 was 35.35%.

The historical rank and industry rank for Long Young Electronic (Kunshan) Co's Pretax Margin % or its related term are showing as below:

SZSE:301389' s Pretax Margin % Range Over the Past 10 Years
Min: 40.24   Med: 46.4   Max: 53.73
Current: 40.24


SZSE:301389's Pretax Margin % is ranked better than
98.09% of 2463 companies
in the Hardware industry
Industry Median: 3.46 vs SZSE:301389: 40.24

Long Young Electronic (Kunshan) Co Pretax Margin % Historical Data

The historical data trend for Long Young Electronic (Kunshan) 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.

Long Young Electronic (Kunshan) Co Pretax Margin % Chart

Long Young Electronic (Kunshan) Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 45.97 46.82 53.73 52.54 42.81

Long Young Electronic (Kunshan) Co Quarterly Data
Dec18 Dec19 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 48.46 48.25 44.37 30.73 35.35

Competitive Comparison of Long Young Electronic (Kunshan) Co's Pretax Margin %

For the Electronic Components subindustry, Long Young Electronic (Kunshan) 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.


Long Young Electronic (Kunshan) Co's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Long Young Electronic (Kunshan) Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Long Young Electronic (Kunshan) Co's Pretax Margin % falls into.



Long Young Electronic (Kunshan) 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.

Long Young Electronic (Kunshan) 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 )
=113.589/265.356
=42.81 %

Long Young Electronic (Kunshan) 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 )
=20.885/59.088
=35.35 %

* 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.


Long Young Electronic (Kunshan) Co  (SZSE:301389) 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.


Long Young Electronic (Kunshan) Co Pretax Margin % Related Terms

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Long Young Electronic (Kunshan) Co (SZSE:301389) Business Description

Traded in Other Exchanges
N/A
Address
No. 99, Shunchang Road, Zhoushi Town, Jiangsu Province, Kunshan, CHN, 215313
Long Young Electronic (Kunshan) Co Ltd is engaged in the research and development, production and sales of electromagnetic shielding materials.

Long Young Electronic (Kunshan) Co (SZSE:301389) Headlines

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