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Zhejiang Natural Outdoor Goods (SHSE:605080) Pretax Margin % : 17.01% (As of Mar. 2024)


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What is Zhejiang Natural Outdoor Goods Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Zhejiang Natural Outdoor Goods's Pre-Tax Income for the three months ended in Mar. 2024 was ¥46.5 Mil. Zhejiang Natural Outdoor Goods's Revenue for the three months ended in Mar. 2024 was ¥273.5 Mil. Therefore, Zhejiang Natural Outdoor Goods's pretax margin for the quarter that ended in Mar. 2024 was 17.01%.

The historical rank and industry rank for Zhejiang Natural Outdoor Goods's Pretax Margin % or its related term are showing as below:

SHSE:605080' s Pretax Margin % Range Over the Past 10 Years
Min: 13.74   Med: 25.33   Max: 32.05
Current: 13.74


SHSE:605080's Pretax Margin % is ranked better than
71.25% of 821 companies
in the Travel & Leisure industry
Industry Median: 6.39 vs SHSE:605080: 13.74

Zhejiang Natural Outdoor Goods Pretax Margin % Historical Data

The historical data trend for Zhejiang Natural Outdoor Goods'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.

Zhejiang Natural Outdoor Goods Pretax Margin % Chart

Zhejiang Natural Outdoor Goods Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 28.13 32.05 30.34 26.04 17.98

Zhejiang Natural Outdoor Goods Quarterly Data
Dec18 Jun19 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 32.00 20.75 9.92 -1.98 17.01

Competitive Comparison of Zhejiang Natural Outdoor Goods's Pretax Margin %

For the Leisure subindustry, Zhejiang Natural Outdoor Goods'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.


Zhejiang Natural Outdoor Goods's Pretax Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Zhejiang Natural Outdoor Goods's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Zhejiang Natural Outdoor Goods's Pretax Margin % falls into.



Zhejiang Natural Outdoor Goods 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.

Zhejiang Natural Outdoor Goods'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 )
=148.022/823.316
=17.98 %

Zhejiang Natural Outdoor Goods'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 )
=46.529/273.494
=17.01 %

* 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.


Zhejiang Natural Outdoor Goods  (SHSE:605080) 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.


Zhejiang Natural Outdoor Goods Pretax Margin % Related Terms

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Zhejiang Natural Outdoor Goods (SHSE:605080) Business Description

Traded in Other Exchanges
N/A
Address
Xiacao Village, Pingqiao Town, Tiantai County, Zhejiang Province, Taizhou, CHN, 317203
Zhejiang Nature Outdoor Products Co Ltd is engaged in the research and development, design, production and sales of outdoor sports products such as inflatable mattresses, outdoor luggage, headrest cushions and others.

Zhejiang Natural Outdoor Goods (SHSE:605080) Headlines

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