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Shanghai Huafon Aluminium (SHSE:601702) Pretax Margin % : 12.50% (As of Mar. 2024)


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What is Shanghai Huafon Aluminium Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Shanghai Huafon Aluminium's Pre-Tax Income for the three months ended in Mar. 2024 was ¥295 Mil. Shanghai Huafon Aluminium's Revenue for the three months ended in Mar. 2024 was ¥2,362 Mil. Therefore, Shanghai Huafon Aluminium's pretax margin for the quarter that ended in Mar. 2024 was 12.50%.

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

SHSE:601702' s Pretax Margin % Range Over the Past 10 Years
Min: 5.53   Med: 7.28   Max: 11.51
Current: 11.51


SHSE:601702's Pretax Margin % is ranked better than
75.5% of 857 companies
in the Metals & Mining industry
Industry Median: 0.57 vs SHSE:601702: 11.51

Shanghai Huafon Aluminium Pretax Margin % Historical Data

The historical data trend for Shanghai Huafon Aluminium'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.

Shanghai Huafon Aluminium Pretax Margin % Chart

Shanghai Huafon Aluminium Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 5.77 6.70 8.54 8.45 10.91

Shanghai Huafon Aluminium 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 9.91 12.28 11.19 10.26 12.50

Competitive Comparison of Shanghai Huafon Aluminium's Pretax Margin %

For the Aluminum subindustry, Shanghai Huafon Aluminium'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.


Shanghai Huafon Aluminium's Pretax Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Shanghai Huafon Aluminium's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Shanghai Huafon Aluminium's Pretax Margin % falls into.



Shanghai Huafon Aluminium 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.

Shanghai Huafon Aluminium'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 )
=1013.597/9290.944
=10.91 %

Shanghai Huafon Aluminium'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 )
=295.309/2361.993
=12.50 %

* 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.


Shanghai Huafon Aluminium  (SHSE:601702) 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.


Shanghai Huafon Aluminium Pretax Margin % Related Terms

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Shanghai Huafon Aluminium (SHSE:601702) Business Description

Traded in Other Exchanges
N/A
Address
1111 Yuegong Road, Jinshan District, Shanghai, CHN, 201506
Shanghai Huafon Aluminium Corp is engaged in production and sales of aluminum sheet, strip and foil. The company's products include brazed heat exchangers material; water tanks, heaters, air coolers; condenser; evaporator, heater, oil cooler; and Other Industrial Products Materials. Its products line covers all kinds of alloyed material and specifications which is widely used in the automobile and construction machinery and equipment cooling systems, power station cooling system, micro-channel cooler and all kinds of both commercial and residential air-conditioners. It also processes all kinds of aluminum products processing 1,3,4,5,7 series, which are widely used in transportation construction, food packaging, electronics information industry and other fields.

Shanghai Huafon Aluminium (SHSE:601702) Headlines

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