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Hengxin Technology (HKSE:01085) Pretax Margin % : 6.38% (As of Dec. 2023)


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What is Hengxin Technology Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hengxin Technology's Pre-Tax Income for the six months ended in Dec. 2023 was HK$83 Mil. Hengxin Technology's Revenue for the six months ended in Dec. 2023 was HK$1,299 Mil. Therefore, Hengxin Technology's pretax margin for the quarter that ended in Dec. 2023 was 6.38%.

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

HKSE:01085' s Pretax Margin % Range Over the Past 10 Years
Min: 3.77   Med: 7.9   Max: 9.1
Current: 5.57


HKSE:01085's Pretax Margin % is ranked better than
58.63% of 2461 companies
in the Hardware industry
Industry Median: 3.54 vs HKSE:01085: 5.57

Hengxin Technology Pretax Margin % Historical Data

The historical data trend for Hengxin Technology'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.

Hengxin Technology Pretax Margin % Chart

Hengxin Technology 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 9.10 6.37 4.53 3.77 5.56

Hengxin Technology Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 5.32 2.87 4.67 4.66 6.38

Competitive Comparison of Hengxin Technology's Pretax Margin %

For the Communication Equipment subindustry, Hengxin Technology'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.


Hengxin Technology's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hengxin Technology's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Hengxin Technology's Pretax Margin % falls into.



Hengxin Technology 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.

Hengxin Technology'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 )
=137.304/2467.459
=5.56 %

Hengxin Technology's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=82.861/1298.657
=6.38 %

* 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.


Hengxin Technology  (HKSE:01085) 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.


Hengxin Technology Pretax Margin % Related Terms

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Hengxin Technology (HKSE:01085) Business Description

Traded in Other Exchanges
N/A
Address
5 Tampines Central 1, No. 06-05 Tampines Plaza 2, Singapore, SGP, 529541
Hengxin Technology Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the manufacturing of radio frequency (RF) coaxial cable series for mobile communications. It operates in the segments of Radiofrequency coaxial cables, Telecommunication and accessories, and Antennas. Its product portfolio includes RF coaxial cable series for mobile communications, coaxial cables for telecommunications equipment and accessories, and other products which include high-temperature-resistant cables and antennas. It derives a majority of its revenue from the sale of Radiofrequency coaxial cables.
Executives
Kingever Enterprises Limited 2101 Beneficial owner
Cui Wei 2201 Interest of corporation controlled by you

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