Precision Tsugami (China) (HKSE:01651) Pretax Margin % : 21.82% (As of Sep. 2023)

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What is Precision Tsugami (China) Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Precision Tsugami (China)'s Pre-Tax Income for the six months ended in Sep. 2023 was HK$350 Mil. Precision Tsugami (China)'s Revenue for the six months ended in Sep. 2023 was HK$1,603 Mil. Therefore, Precision Tsugami (China)'s pretax margin for the quarter that ended in Sep. 2023 was 21.82%.

The historical rank and industry rank for Precision Tsugami (China)'s Pretax Margin % or its related term are showing as below:

HKSE:01651' s Pretax Margin % Range Over the Past 10 Years
Min: 5.76 Med: 12.31 Max: 22.03
Current: 21.68

HKSE:01651's Pretax Margin % is ranked better than
91.43% of 2974 companies
in the Industrial Products industry
Industry Median: 6.52 vs HKSE:01651: 21.68

Precision Tsugami (China) Pretax Margin % Historical Data

The historical data trend for Precision Tsugami (China)'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.

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Precision Tsugami (China) Pretax Margin % Chart

Precision Tsugami (China) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Pretax Margin %

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16.97

11.49

18.30

22.03

20.78

Precision Tsugami (China) Semi-Annual Data
	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Pretax Margin %	Get a 7-Day Free Trial												23.62	20.20	20.12	21.57	21.82

Competitive Comparison of Precision Tsugami (China)'s Pretax Margin %

For the Tools & Accessories subindustry, Precision Tsugami (China)'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.

Precision Tsugami (China)'s Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Precision Tsugami (China)'s Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Precision Tsugami (China)'s Pretax Margin % falls into.

Precision Tsugami (China) 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.

Precision Tsugami (China)'s Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	957.916	/	4609.401
	=	20.78 %

Precision Tsugami (China)'s Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	349.744	/	1603.037
	=	21.82 %

Precision Tsugami (China) (HKSE:01651) 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.

Precision Tsugami (China) Pretax Margin % Related Terms

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Precision Tsugami (China) (HKSE:01651) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Precision Tsugami (China) Corp Ltd (HKSE:01651) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2001 Pingcheng Road, Pinghu Economic-Technological Development Zone, Zhejiang Province, Pinghu, CHN, 314200

Website

https://www.tsugami.com.cn

Precision Tsugami (China) Corp Ltd is engaged in the manufacturing and distribution of computer numerical control (CNC) high precision machine tools; and the provision of commercial consultation services. It manufactures and sells CNC machine tools including Precision lathes, Precision machining centres, Precision thread and form rolling machines and Precision grinding machines under the TSUGAMI brand. The company only has one reportable operating segment which is the manufacture and sale of high precision CNC machine tools. Its products are mainly for the Chinese market and are also sold to Japan, Europe, the US, Southeast Asia and other countries.

Executives

Fmr Llc	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Tsugami Corporation	2101 Beneficial owner

Precision Tsugami (China) (HKSE:01651) Headlines

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