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Chongqing Polycomp International (SZSE:301526) Pretax Margin % : -4.20% (As of Mar. 2024)


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What is Chongqing Polycomp International Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Chongqing Polycomp International's Pre-Tax Income for the three months ended in Mar. 2024 was ¥-64 Mil. Chongqing Polycomp International's Revenue for the three months ended in Mar. 2024 was ¥1,536 Mil. Therefore, Chongqing Polycomp International's pretax margin for the quarter that ended in Mar. 2024 was -4.20%.

The historical rank and industry rank for Chongqing Polycomp International's Pretax Margin % or its related term are showing as below:

SZSE:301526' s Pretax Margin % Range Over the Past 10 Years
Min: 3.64   Med: 9.4   Max: 18.42
Current: 5.95


SZSE:301526's Pretax Margin % is ranked better than
60.65% of 1042 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.415 vs SZSE:301526: 5.95

Chongqing Polycomp International Pretax Margin % Historical Data

The historical data trend for Chongqing Polycomp International'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.

Chongqing Polycomp International Pretax Margin % Chart

Chongqing Polycomp International Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 3.64 10.09 16.42 18.42 8.71

Chongqing Polycomp International Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 8.36 13.75 6.82 6.05 -4.20

Competitive Comparison of Chongqing Polycomp International's Pretax Margin %

For the Textile Manufacturing subindustry, Chongqing Polycomp International'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.


Chongqing Polycomp International's Pretax Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Chongqing Polycomp International's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Chongqing Polycomp International's Pretax Margin % falls into.



Chongqing Polycomp International 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.

Chongqing Polycomp International'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 )
=623.668/7156.328
=8.71 %

Chongqing Polycomp International'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 )
=-64.469/1535.77
=-4.20 %

* 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.


Chongqing Polycomp International  (SZSE:301526) 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.


Chongqing Polycomp International Pretax Margin % Related Terms

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Chongqing Polycomp International (SZSE:301526) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Area B, Jianqiao Industrial Park, Dadukou, Chongqing, CHN, 400082
Chongqing Polycomp International Corp is engaged in research & development, production and sales of glass fiber and its products.

Chongqing Polycomp International (SZSE:301526) Headlines

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