Meihua International Medical Technologies Co (Meihua International Medical Technologies Co) Pretax Margin % : 12.17% (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Meihua International Medical Technologies Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Meihua International Medical Technologies Co's Pre-Tax Income for the six months ended in Dec. 2023 was $5.95 Mil. Meihua International Medical Technologies Co's Revenue for the six months ended in Dec. 2023 was $48.91 Mil. Therefore, Meihua International Medical Technologies Co's pretax margin for the quarter that ended in Dec. 2023 was 12.17%.

The historical rank and industry rank for Meihua International Medical Technologies Co's Pretax Margin % or its related term are showing as below:

MHUA' s Pretax Margin % Range Over the Past 10 Years
Min: 10.54 Med: 24.18 Max: 26.65
Current: 15.5

MHUA's Pretax Margin % is ranked better than
78.71% of 822 companies
in the Medical Devices & Instruments industry
Industry Median: -0.705 vs MHUA: 15.50

Meihua International Medical Technologies Co Pretax Margin % Historical Data

The historical data trend for Meihua International Medical Technologies 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.

Meihua International Medical Technologies Co Pretax Margin % Chart

Meihua International Medical Technologies Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

24.18

26.65

25.21

10.54

15.50

Meihua International Medical Technologies Co Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Pretax Margin %	Get a 7-Day Free Trial				26.55	16.39	3.92	18.88	12.17

Competitive Comparison of Meihua International Medical Technologies Co's Pretax Margin %

For the Medical Instruments & Supplies subindustry, Meihua International Medical Technologies 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.

Meihua International Medical Technologies Co's Pretax Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Meihua International Medical Technologies Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Meihua International Medical Technologies Co's Pretax Margin % falls into.

Meihua International Medical Technologies 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.

Meihua International Medical Technologies 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 )
	=	15.049	/	97.099
	=	15.50 %

Meihua International Medical Technologies Co'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 )
	=	5.953	/	48.909
	=	12.17 %

Meihua International Medical Technologies Co (NAS:MHUA) 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.

Meihua International Medical Technologies Co Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Meihua International Medical Technologies Co's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Meihua International Medical Technologies Co (Meihua International Medical Technologies Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Meihua International Medical Technologies Co Ltd (NAS:MHUA) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

88 Tongda Road, Touqiao Town, Guangling District, Yangzhou, CHN, 225000

Website

http://www.meihuamed.com

Meihua International Medical Technologies Co Ltd is engaged in providing disposable medical devices. It serves hospitals, pharmacies, medical institutions, and medical equipment companies. Its product offerings include a Disposable Medical mask, Disposable ID Bracelet, Disposable Artificial Anal bag, Disposable Catheter, and Electonic pump among others.