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Tibet GaoZheng Explosive Co (SZSE:002827) Pretax Margin % : 12.38% (As of Jun. 2024)


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What is Tibet GaoZheng Explosive Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Tibet GaoZheng Explosive Co's Pre-Tax Income for the three months ended in Jun. 2024 was ¥58 Mil. Tibet GaoZheng Explosive Co's Revenue for the three months ended in Jun. 2024 was ¥465 Mil. Therefore, Tibet GaoZheng Explosive Co's pretax margin for the quarter that ended in Jun. 2024 was 12.38%.

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

SZSE:002827' s Pretax Margin % Range Over the Past 10 Years
Min: 6.14   Med: 14.84   Max: 33.58
Current: 9.87


SZSE:002827's Pretax Margin % is ranked better than
67.67% of 1531 companies
in the Chemicals industry
Industry Median: 5.75 vs SZSE:002827: 9.87

Tibet GaoZheng Explosive Co Pretax Margin % Historical Data

The historical data trend for Tibet GaoZheng Explosive 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.

Tibet GaoZheng Explosive Co Pretax Margin % Chart

Tibet GaoZheng Explosive 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 8.46 9.30 9.82 6.14 8.79

Tibet GaoZheng Explosive 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 8.82 14.34 7.23 1.30 12.38

Competitive Comparison of Tibet GaoZheng Explosive Co's Pretax Margin %

For the Specialty Chemicals subindustry, Tibet GaoZheng Explosive 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.


Tibet GaoZheng Explosive Co's Pretax Margin % Distribution in the Chemicals Industry

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

* The bar in red indicates where Tibet GaoZheng Explosive Co's Pretax Margin % falls into.



Tibet GaoZheng Explosive 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.

Tibet GaoZheng Explosive 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 )
=136.429/1552.623
=8.79 %

Tibet GaoZheng Explosive 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 )
=57.542/464.837
=12.38 %

* 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.


Tibet GaoZheng Explosive Co  (SZSE:002827) 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.


Tibet GaoZheng Explosive Co Pretax Margin % Related Terms

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Tibet GaoZheng Explosive Co Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Linqiongang Road, Area A, Lhasa Economic and Technological Development Zone, Tibet Autonomous Region, Lhasa, CHN, 850000
Tibet GaoZheng Explosive Co Ltd is a civil explosive enterprise based in China. The main business scope is the production, sale, storage and transportation of civil explosives such as industrial explosives, industrial detonators and industrial cables through its own marketing network. In addition, the company is also engaged in the construction of soil rock blasting works, construction of non-coal mine blasting works and demolition safety assessment.

Tibet GaoZheng Explosive Co Headlines

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