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Luoyang JALON Micro-nano New Materials Co (SHSE:688357) Pretax Margin % : 9.28% (As of Jun. 2024)


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What is Luoyang JALON Micro-nano New Materials Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Luoyang JALON Micro-nano New Materials Co's Pre-Tax Income for the three months ended in Jun. 2024 was ¥17.2 Mil. Luoyang JALON Micro-nano New Materials Co's Revenue for the three months ended in Jun. 2024 was ¥185.1 Mil. Therefore, Luoyang JALON Micro-nano New Materials Co's pretax margin for the quarter that ended in Jun. 2024 was 9.28%.

The historical rank and industry rank for Luoyang JALON Micro-nano New Materials Co's Pretax Margin % or its related term are showing as below:

SHSE:688357' s Pretax Margin % Range Over the Past 10 Years
Min: -3.88   Med: 16.19   Max: 36.21
Current: 16.43


SHSE:688357's Pretax Margin % is ranked better than
85.04% of 1531 companies
in the Chemicals industry
Industry Median: 5.75 vs SHSE:688357: 16.43

Luoyang JALON Micro-nano New Materials Co Pretax Margin % Historical Data

The historical data trend for Luoyang JALON Micro-nano New Materials 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.

Luoyang JALON Micro-nano New Materials Co Pretax Margin % Chart

Luoyang JALON Micro-nano New Materials Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.44 32.85 36.21 25.27 17.97

Luoyang JALON Micro-nano New Materials Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 10.90 22.44 11.31 18.45 9.28

Competitive Comparison of Luoyang JALON Micro-nano New Materials Co's Pretax Margin %

For the Specialty Chemicals subindustry, Luoyang JALON Micro-nano New Materials 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.


Luoyang JALON Micro-nano New Materials Co's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Luoyang JALON Micro-nano New Materials Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Luoyang JALON Micro-nano New Materials Co's Pretax Margin % falls into.



Luoyang JALON Micro-nano New Materials 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.

Luoyang JALON Micro-nano New Materials 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 )
=174.729/972.242
=17.97 %

Luoyang JALON Micro-nano New Materials Co's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=17.179/185.106
=9.28 %

* 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.


Luoyang JALON Micro-nano New Materials Co  (SHSE:688357) 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.


Luoyang JALON Micro-nano New Materials Co Pretax Margin % Related Terms

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Luoyang JALON Micro-nano New Materials Co Business Description

Traded in Other Exchanges
N/A
Address
Junmin Road, Industrial Cluster District, Henan, Yanshi, CHN, 471900
Luoyang JALON Micro-nano New Materials Co Ltd is a manufacturer of Molecular Sieves, Molecular Sieve Powders and Synthetic Zeolite Powders. The company produces and sells adsorbent materials; catalytic materials; industrial sodium chloride; and chemical products. Its products are used in Hydrogen Purification, Medical & Industrial Oxygen Concentrator, Cryogenic Air Separation, Coating, Sealants, Adhesives, Natural Gas Dehydration and Sweetening, Refinery, Air Break System, Insulating Glass, Refrigerant Dehydration, and Ethanol Dehydration.
Executives
Xu Shi Ye Core technical personnel
Wang Yu Feng Core technical personnel
Bai Pu Senior management, core technical personnel
Guo Yan Xia Core technical personnel
Zhang Yan Core technical personnel
Liu Qiao Xiang Supervisors
Li Jian Bo Director
Zhang Jing Tao senior management
Ning Hong Bo Supervisors
Li Chao Feng Directors, senior managers

Luoyang JALON Micro-nano New Materials Co Headlines

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