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Ningbo Joyson Electronic (SHSE:600699) Pretax Margin % : 3.90% (As of Mar. 2024)


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What is Ningbo Joyson Electronic Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ningbo Joyson Electronic's Pre-Tax Income for the three months ended in Mar. 2024 was ¥518 Mil. Ningbo Joyson Electronic's Revenue for the three months ended in Mar. 2024 was ¥13,278 Mil. Therefore, Ningbo Joyson Electronic's pretax margin for the quarter that ended in Mar. 2024 was 3.90%.

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

SHSE:600699' s Pretax Margin % Range Over the Past 10 Years
Min: -8.52   Med: 3.45   Max: 6.92
Current: 3.67


SHSE:600699's Pretax Margin % is ranked worse than
56.07% of 1286 companies
in the Vehicles & Parts industry
Industry Median: 4.515 vs SHSE:600699: 3.67

Ningbo Joyson Electronic Pretax Margin % Historical Data

The historical data trend for Ningbo Joyson Electronic'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.

Ningbo Joyson Electronic Pretax Margin % Chart

Ningbo Joyson Electronic 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 2.45 1.03 -8.52 0.96 3.16

Ningbo Joyson Electronic Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.78 3.44 3.26 4.07 3.90

Competitive Comparison of Ningbo Joyson Electronic's Pretax Margin %

For the Auto Parts subindustry, Ningbo Joyson Electronic'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.


Ningbo Joyson Electronic's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo Joyson Electronic's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Ningbo Joyson Electronic's Pretax Margin % falls into.



Ningbo Joyson Electronic 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.

Ningbo Joyson Electronic'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 )
=1762.281/55728.476
=3.16 %

Ningbo Joyson Electronic's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=517.966/13277.538
=3.90 %

* 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.


Ningbo Joyson Electronic  (SHSE:600699) 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.


Ningbo Joyson Electronic Pretax Margin % Related Terms

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Ningbo Joyson Electronic (SHSE:600699) Business Description

Traded in Other Exchanges
N/A
Address
No. 1266 Road, Zhejiang Province, High-tech Zone, Ningbo, CHN, 136200
Ningbo Joyson Electronic Corp is an automotive supplier. Some of the products that the company caters to the global automotive industry are - Driver controls, Climate control, Sensor systems, Electronic control units, Car connect, Active safety, Passive safety, Air Intake systems, Washer systems, Air management systems, Mirror systems, Front griller, Fuel tank door, and Steering wheel.
Executives
Wang Jian Feng Director
Zhou Gui Tian Supervisors
Liu Guang Quan Supervisors
Jian Shi Hui Fu Zhu Xi Supervisors

Ningbo Joyson Electronic (SHSE:600699) Headlines

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