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Hunan Aerospace Huanyu Communication Technology Co (SHSE:688523) Pretax Margin % : 8.74% (As of Mar. 2024)


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What is Hunan Aerospace Huanyu Communication Technology Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hunan Aerospace Huanyu Communication Technology Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥3.8 Mil. Hunan Aerospace Huanyu Communication Technology Co's Revenue for the three months ended in Mar. 2024 was ¥43.6 Mil. Therefore, Hunan Aerospace Huanyu Communication Technology Co's pretax margin for the quarter that ended in Mar. 2024 was 8.74%.

The historical rank and industry rank for Hunan Aerospace Huanyu Communication Technology Co's Pretax Margin % or its related term are showing as below:

SHSE:688523' s Pretax Margin % Range Over the Past 10 Years
Min: 30.65   Med: 34.13   Max: 38.65
Current: 32.63


SHSE:688523's Pretax Margin % is ranked better than
93.07% of 303 companies
in the Aerospace & Defense industry
Industry Median: 5.72 vs SHSE:688523: 32.63

Hunan Aerospace Huanyu Communication Technology Co Pretax Margin % Historical Data

The historical data trend for Hunan Aerospace Huanyu Communication Technology 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.

Hunan Aerospace Huanyu Communication Technology Co Pretax Margin % Chart

Hunan Aerospace Huanyu Communication Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
38.24 38.65 30.65 33.79 34.13

Hunan Aerospace Huanyu Communication Technology Co Quarterly Data
Dec19 Dec20 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 18.50 14.49 38.70 40.41 8.74

Competitive Comparison of Hunan Aerospace Huanyu Communication Technology Co's Pretax Margin %

For the Aerospace & Defense subindustry, Hunan Aerospace Huanyu Communication Technology 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.


Hunan Aerospace Huanyu Communication Technology Co's Pretax Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Hunan Aerospace Huanyu Communication Technology Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Hunan Aerospace Huanyu Communication Technology Co's Pretax Margin % falls into.



Hunan Aerospace Huanyu Communication Technology 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.

Hunan Aerospace Huanyu Communication Technology 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 )
=155.689/456.204
=34.13 %

Hunan Aerospace Huanyu Communication Technology Co'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 )
=3.81/43.606
=8.74 %

* 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.


Hunan Aerospace Huanyu Communication Technology Co  (SHSE:688523) 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.


Hunan Aerospace Huanyu Communication Technology Co Pretax Margin % Related Terms

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Hunan Aerospace Huanyu Communication Technology Co (SHSE:688523) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Xingkang South Road, Yuelu District, Hunan, Changsha, CHN, 410205
Hunan Aerospace Huanyu Communication Technology Co Ltd is mainly engaged in the R&D, manufacturing and service of space-borne high-end microwave communication, satellite communication, aerospace technology equipment and high-end composite material parts and components. The company is committed to providing product support and engineering application services for major aerospace host units.

Hunan Aerospace Huanyu Communication Technology Co (SHSE:688523) Headlines

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